Newsfeed – Business News
Ringgit ends higher against US dollar on softer Treasury yields ahead of Jackson Hole
KUALA LUMPUR, Aug 26 — The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium. […]
Bursa Malaysia ends higher on buying interest in YTL, banking counters
KUALA LUMPUR, Aug 26 — Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying […]
Mah Sing buys RM186m Ampang land for RM1.92b M Araya project
KUALA LUMPUR, Aug 26 — Mah Sing Group Bhd’s wholly owned subsidiary Capitol Avenue Development Sdn Bhd has entered into conditional sale and purchase agreements to acquire several parcels of […]
Humanoid robots are the ‘next frontier’ for Malaysia’s automotive suppliers, says deputy minister
KUALA LUMPUR, Aug 26 — Deputy Minister of Investment, Trade and Industry, Sim Tze Tzin, has urged the local automotive components sector, particularly manufacturers of critical parts, to venture into […]
Tax breaks, walkable streets and attraction upgrades top Matta’s Budget 2027 wish list
KUALA LUMPUR, Aug 26 — Better tax incentives for tour operators, increased investment in tourism infrastructure and a higher promotional allocation are among the Malaysian Association of Tour and Travel […]
India’s unusual answer to soaring onion prices: Put 800 tonnes on a train
NEW DELHI, Aug 26 — The Indian government has set out plans to launch special trains to deliver onions to different states and cities in the wake of spiralling prices […]
Alliance Bank’s first-quarter net profit jumps 25pc to RM248.3m
KUALA LUMPUR, Aug 26 — Alliance Bank Malaysia Bhd’s net profit rose to RM248.32 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM198.70 million in the […]
Public Bank posts RM1.82b quarterly net profit, declares 10.5 sen interim dividend
KUALA LUMPUR, Aug 26 — Public Bank Bhd recorded a higher net profit of RM1.82 billion in the second quarter ended June 30, 2026 (2Q 2026) compared with RM1.76 billion […]
IJM Corp subsidiary bags nearly RM1b in semiconductor and medical tech contracts
KUALA LUMPUR, Aug 26 — IJM Corporation Bhd’s (IJM Corp) wholly owned subsidiary, IJM Construction Sdn Bhd, has secured two fast-track semiconductor and medical technology projects worth a combined RM909.5 […]
Proton powers towards best year in 15 years with 200,000-car sales target
KUALA LUMPUR, Aug 26 — Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, […]