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Economic

Neinor FY25 Adjusted Net Profit Hits 70 Mln Euros, Revenue 697 Mln Euros

KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)

Binghatti Named Signature Sponsor Of International Property Show 2026

KUALA LUMPUR, Feb 27 (Bernama) -- The International Property Show (IPS 2026) will feature Binghatti, a Dubai-based real estate development company, as part of its upcoming exhibition scheduled for April 2026 at the Dubai World Trade Centre.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

MAHB Imposes RM9.1 Mln Penalty On IJMC-Pestech JV Over KLIA Aerotrain -- MOT

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).

115 Companies To Be Recognised As Smart Factories By End-2026 -- MITI

KUALA LUMPUR, Feb 26 (Bernama) -- A total of 115 companies will be recognised as smart factories by the end of this year through the Smart Tech Up programme, said the Ministry of Investment, Trade and Industry (MITI).

KPJ Healthcare Records Improved Net Profit, Revenue In FY2025

KUALA LUMPUR, Feb 26 (Bernama) -- KPJ Healthcare Bhd’s net profit increased to RM365.92 million in the financial year ended Dec 31, 2025 (FY2025) from RM353.81 million a year ago.

TH Plantations Net Profit In FY2025 Rises To RM107.49 Mln

KUALA LUMPUR, Feb 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit increased to RM107.49 million for the financial year ended Dec 31, 2025 (FY2025) from RM75.17 million in the preceding year.

AirAsia Advises Guests of Possible Delays Following KLIA Runway 3 Closure

KUALA LUMPUR, Feb 26 (Bernama) -- AirAsia has advised its guests to expect possible flight delays following the temporary closure of Runway 3 at Kuala Lumpur International Airport (KLIA).

Genting Posts Net Loss Of RM11.56 Mln In FY2025 From Net Profit Of RM882.95 Mln

KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year. 

FMM Partners Four Universities To Drive Shift From OEM To OBM

KUALA LUMPUR, Feb 26 (Bernama) — The Federation of Malaysian Manufacturing (FMM) has signed memoranda of understanding (MoUs) with four universities to encourage local manufacturers to transition from original equipment manufacturers (OEM) to original brand manufacturers (OBM).

Stronger Ringgit Timely For New Technology Adoption -- FMM

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit’s roughly 10 per cent appreciation against the US dollar in 2025 has lowered the cost of imported technology and equipment, making it an opportune time to adopt new software and machinery, said ber

Vendors Receive Payments From Govt Investment In Vantris Energy -- Amir Hamzah

KUALA LUMPUR, Feb 26 (Bernama) — More than 1,400 local vendors have received payments following the government’s RM1.1 billion investment in Vantris Energy Bhd, said Finance Minister II Amir Hamzah Azizan.