Newsfeed – Business News
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, […]
Proton sees Malaysia’s E&E strength as key to automotive industry’s next chapter
KUALA LUMPUR, Aug 26 — Malaysia’s automotive industry has room to further leverage the country’s strong electrical and electronics (E&E) ecosystem as vehicles increasingly shift toward electrical and electronic components, […]
Asian markets breathe easier as oil slides — but Nvidia and US inflation loom
HONG KONG, Aug 26 — Asian stocks edged higher today as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while […]
Malaysia’s logistics crunch is a ‘ticking time bomb’, shipping chief warns
KUALA LUMPUR, Aug 26 — Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said […]
Could Anthropic pull off the biggest IPO ever? Five things you need to know
SAN FRANCISCO, Aug 26 — Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX’s record […]