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Ringgit Opens Slightly Higher Ahead Of Fed Speech

KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium later in the day.

Bursa Malaysia Up 70 Points Since Tabling Of 13MP – Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia has recorded an increase of 70 points up to today since the 13th Malaysia Plan (13MP) was tabled, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Maintains Uptrend, Ends On Positive Note

By Zarul Effendi Razali

KUALA LUMPUR, Aug 21 (Bernama) --Bursa Malaysia reversed yesterday’s losses to continue its upward momentum to close higher, driven by persistent buying in selected heavyweights, amid mixed sentiment in regional markets, a dealer said.

Export Value Of Rubber Gloves Hits RM6 Bln In First Five Months Of 2025 -- Johari

KUALA LUMPUR, Aug 21 (Bernama) -- The export value of Malaysia’s rubber glove sector hit RM6 billion for the period January 2025 to May 2025, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.

Matrix Concepts Records Higher Profit Of RM62.94 Mln In First Quarter

KUALA LUMPUR, Aug 21 (Bernama) -- Matrix Concepts Holdings Bhd posted a higher net profit of RM62.94 million for its fiscal first quarter ended June 30, 2025 (1Q 2026) compared to RM60.70 million in the same quarter of the preceding year.

Asia’s Reinsurers Look West: Diversification Strategy Gains Traction - AM Best

KUALA LUMPUR, Aug 21 (Bernama) -- Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, according to a new AM Best report.

MRT Corp: RM16.8 Bln LRT Mutiara Line Budget Reflects Market Conditions, Not Cost Overrun 

KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).

Manulife 2Q Net Profit Surges To RM43.14 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Manulife Holdings Bhd’s net profit for the second quarter ended June 30, 2025 (2Q 2025) rose to RM43.14 million from RM19.24 million a year earlier.

Malaysia's Trade Rebounds 3.8 Pct To RM265.92 Bln In July -- MITI

KUALA LUMPUR, Aug 19 (Bernama) -- Malaysia’s trade performance returned to positive growth in July 2025, rebounding by 3.8 per cent year-on-year (y-o-y) to RM265.92 billion, the highest monthly trade value ever, according to the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Extends Upward Momentum To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia extended its upward trajectory to close higher today, supported by sustained buying in selected heavyweights, despite cautious sentiment in regional markets, a dealer said.

475 Mln E-invoices Issued To Date, Involving 98,813 Taxpayers - Lim

KUALA LUMPUR, Aug 19 (Bernama) -- As of Aug 18, 2025, a total of 475 million e-invoices have been issued by 98,813 taxpayers under the first, second and third phases of the mandatory implementation of the e-invoicing system, said Deputy Finance Minister, Lim Hui Ying.

Malaysia’s Manufacturing Sector Poised For Growth With Right Partnerships & Policies -- PM Anwar

PETALING JAYA, Aug 18 (Bernama) -- Malaysia’s manufacturing sector is poised to thrive in this new era with the right partnerships and policies, and ASEAN’s leadership providing the platform for growth.