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Bursa Malaysia Extends Gains, Opens Higher

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened higher today, extending yesterday’s gains, supported by continued buying interest in selected heavyweights amid cautious sentiments on the global economic outlook, a dealer said.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

AMMB Net Profit Rises To RM516 Mln In 1Q 2025

KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago. 

Steady 2Q 2025 GDP Growth Signals Domestic Resilience, Momentum Could Continue In 2H

By Zufazlin Baharuddin and Abdul Hamid A Rahman

KUALA LUMPUR, Aug 15 (Bernama) – Malaysia’s economy continues to remain resilient despite an increasingly uncertain global trade policy backdrop, economists said today.

Thrive Taps New APAC Leaders To Bolster Regional Growth

KUALA LUMPUR, Aug 15 (Bernama) -- Thrive, a global technology outsourcing provider for cybersecurity, cloud, and information technology (IT) managed services, has named Farhad Jowharsha as Vice President, Asia Pacific (APAC), and Naveen Chodavarapu as Vice President, APAC Operations.

Johor Plantations Net Profit Up 51 Pct To RM150.64 Mln In 1H2025

JOHOR BAHRU, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has recorded a 51 per cent year-on-year (y-o-y) rise in net profit to RM150.64 million for the first half of 2025 (1H 2025), driven by higher selling prices and a surge in external crop purchases.

Malaysia's Economy Grows 4.4 Pct In 2Q 2025, Driven By Robust Domestic Demand

KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, driven by robust domestic demand as household spending was higher.

Bursa Malaysia Retreats From 7-day Gains, Tracking Downbeat Regional Bourses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.  

Positive Outlook For Mr D.I.Y., Company On Track To Hit 2025 Store Target

KUALA LUMPUR, Aug 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects MR D.I.Y. Group (M) Bhd’s outlook to remain positive with expectations for earnings tailwinds from the appreciation in the ringgit versus the yuan. 

Malaysia Sees Higher ESG Adoption Among Property Companies -- MBSB Investment Bank

KUALA LUMPUR, Aug 14 (Bernama) -- Property companies in Malaysia have increased their adoption of environmental, social and governance (ESG) practices, driven by growing concerns over such issues and reflecting their commitment to sustainability, said MBSB Investment Bank.

Bursa Malaysia Opens Higher Tracking Wall Street Rally After Softer US CPI

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher today, mirroring Wall Street’s overnight rally after the latest US consumer price index figure came in slightly below expectations, thus paving the way for a possible Federal Reserve rate cut next month.

Public Gold Customer Base To Hit 2.3 Mln By End-2025, Mulls Indonesia, Thailand And UAE Expansion

By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah

KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.