Bursa Malaysia To Retest 1,600 Level Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 30 (Bernama) -- Bursa Malaysia is expected to resume its uptrend next week, testing the psychological threshold of 1,600, after already breaching the level on Monday (Aug 25).

Ringgit Likely To Trade Sideways With Upside Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.

CIMB Expects BNM To Hold OPR At 2.75 Pct

KUALA LUMPUR, Aug 29 (Bernama) -- CIMB Investment Bank Bhd expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 2.75 per cent at the Monetary Policy Committee (MPC) meeting on Sept 4, 2025.

PNB Confirms Ongoing Talks On Highway Assets, Process Still At Early Stage

KUALA LUMPUR, Aug 29 (Bernama) -- Permodalan Nasional Bhd (PNB) today confirmed that discussions are ongoing with several parties regarding its highway assets in Projek Lintasan Kota Holdings Sdn Bhd (Prolintas).

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

LTTS Launches PLxAI To Transform Product Development with GenAI

KUALA LUMPUR, Aug 22 (Bernama) -- L&T Technology Services Ltd (LTTS) has launched PLxAI, a proprietary generative artificial intelligence (GenAI)-based framework designed to accelerate the product development life cycle (PDLC) for its global clients across mobility, sustainability and technology.

Govt To Narrow Regional Development Gap Through Economic Zones -- Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- The government continues to intensify efforts to attract investments to special economic zone development areas to bridge the gap between regions throughout the 13th Malaysia Plan (13MP) period, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KTI Landmark's Unit To Develop RM107 Mln Cultural Complex In Sabah

KUALA LUMPUR, Aug 20 (Bernama) -- The Sabah state government has appointed KTI Landmark Bhd’s wholly-owned subsidiary K.T.I. Sdn Bhd (KTISB) to develop a cultural complex with facilities, amenities and the related infrastructure for on 23.47 hectares (ha) in Kinarut on a public-private partnership basis.

SP Setia's 2Q FY2025 Net Profit Drops To RM99.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- SP Setia Bhd's second quarter (2Q) net profit ended June 30, 2025 (FY2025) dropped to RM99.8 million from RM295.03 million in the same quarter a year ago.

Merdeka Sales Set To Drive Malaysia's Automotive TIV Growth For August 2025

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.

MITI Hopes For Greater Support For Industry-based SMEs In Budget 2026 -- Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is hopeful that small and medium enterprises (SMEs) will be appropriately supported to better prepare them for export and enter new markets, as part of its Budget 2026 wishlist.

Bursa Reprimands PIE , Fines Directors Over Disclosure Breaches

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia Securities Bhd (Bursa Malaysia) has publicly reprimanded P.I.E. Industrial Bhd (PIE) and two of its directors for breaching Main Market listing requirements (Main LR).