Newsfeed – Business News
Ringgit firms as stronger-than-expected 2Q GDP supports local currency
KUALA LUMPUR, Aug 14 — The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year […]
Bursa Malaysia ends lower despite stronger-than-expected 6pc GDP growth
KUALA LUMPUR, Aug 14 — Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) […]
Intuitive’s RM2b Penang facility to boost medtech manufacturing, create 1,200 jobs
GEORGE TOWN, Aug 14 — Global medtech company Intuitive will invest about RM2 billion over five years in its first facility in Penang. Its executive vice-president and chief manufacturing […]
BNM reports private sector credit growth accelerates to 6.4pc, SME financing hits RM444b
KUALA LUMPUR, Aug 14 — Credit to Malaysia’s private non financial sector grew 6.4 per cent in the second quarter of 2026, up from 5.6 per cent in the first […]
Bank Negara governor: AI boom drives 57pc surge in Malaysia’s E&E exports in Q2
KUALA LUMPUR, Aug 14 — Malaysia’s electrical and electronics (E&E) exports surged 57.1 per cent year-on-year in the second quarter of 2026, up from 23 per cent in […]
Shein loses UK copyright lawsuit against rival Temu over clothing photos
LONDON, Aug 14 — Online fast-fashion giant Shein lost a lawsuit against Chinese e-commerce platform Temu after accusing its rival of breaching copyright on photographs of clothing, the High Court […]
Ringgit rises against major, Asean currencies ahead of 2Q GDP data
KUALA LUMPUR, Aug 14 — The ringgit opened higher against major and Asean currencies ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter of 2026 (2Q 2026) […]
Pharmaniaga Q2 net profit jumps to RM12.49m on interest savings, stronger sales
KUALA LUMPUR, Aug 13 — Pharmaniaga Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM12.49 million from RM3.96 million a year earlier. In […]
Singapore data centre operator secures RM5.6b green financing for Johor campus
KUALA LUMPUR, Aug 13 — ST Telemedia Global Data Centres (STT GDC) has secured a green financing facility of up to US$1.37 billion (RM5.6 billion) to support the development of […]
AirAsia Group cuts seats as fuel costs drive RM527m quarterly loss
KUALA LUMPUR, Aug 13 — AirAsia Group Bhd, formerly known as AirAsia X Bhd, posted a net loss of RM527.16 million for the second quarter ended June 30, 2026 (2Q […]