5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia has recorded increased investors’ interest and confidence from BRICS countries, with total investments approved for the first quarter of 2025 (1Q 2025) reaching RM8.54 billion, said the Ministry of Investment, Trade and Industry (MITI).
5m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia and India are well-positioned to unlock vast opportunities in renewable energy, infrastructure, semiconductors and the digital economy as both nations deepen their economic partnership, said the Consortium of Indian Industries in Malaysia (CIIM).
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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.
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KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.
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KUALA LUMPUR, Aug 18 (Bernama) -- WCE Holdings Bhd’s net loss was slightly lower at RM25.33 million in the first quarter ended June 30, 2025 (1Q FY2026), compared to a net loss of RM25.86 million in the same period a year ago.
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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.
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KUALA LUMPUR, Aug 14 (Bernama) -- MNRB Holdings Bhd posted a record-high net profit of RM168.43 million for the first quarter ended June 30, 2025 (1Q FY2026), up 82.7 per cent from RM92.20 million in the same quarter last year.
5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.
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KUALA LUMPUR, Aug 12 (Bernama) -- The three main industries in Sabah that recorded the highest foreign investments over the past decade (2015 to 2024) in the manufacturing sector were basic metal products, non-metallic mineral products, and wood products, according to the Ministry of Investment, Trade and Industry (MITI).
6m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Sabah has been given broader participation in the oil and gas industry value chain, including through the active involvement of state-owned companies such as SMJ Energy Sdn Bhd (SMJE) via the Commercial Collaboration Agreement (CCA).
6m ago
KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).