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Philadelphia Insurance Companies Wins Duck Creek Award For Digital Innovation In P&C Insurance

KUALA LUMPUR, May 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has honoured Philadelphia Insurance Companies (PHLY) with its 2025 Standard of Excellence Customer Award at Formation ’25, held in Orlando, Florida.

SunCon Bags RM260 Mln Contract For Johor Data Centre Project's Final Stage

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly owned subsidiary, Sunway Construction Sdn Bhd, has won a RM260 million data centre project in Johor from K2 Strategic Infrastructure Malaysia Sdn Bhd.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

M'sia To Host WITEX And WCAF 2025, Global Showcase Of Islamic Tourism, Trade And Culture

KUALA LUMPUR, May 20 (Bernama) -- Malaysia is set to host the World Islamic Tourism & Trade Expo (WITEX 2025) and the inaugural World Cultural & Arts Festival (WCAF 2025) from Aug 22 to 24 at Sunway Resort Hotel, Bandar Sunway, showcasing a vibrant convergence of Islamic tourism, global trade, culture and the arts.

Socso Amnesty Programme Saves Industry RM100 Mln In Waived Charges In April - MEF

KUALA LUMPUR, May 17 (Bernama) -- The industry has saved RM100 million through the waiver of compounds and late payment charges under the Social Security Organisation (Socso) Amnesty Programme from April 1-30, 2025, said the Malaysian Employers Federation (MEF).

Credit Growth Rises 5.5 Pct In 1Q 2025 Amid Higher Outstanding Corporate Bonds Growth

KUALA LUMPUR, May 16 (Bernama) -- Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.

LREIT Posts Strong Q3 Rental Reversions

KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.

Arla Foods Ingredients To Highlight Protein Soda Concept In Barcelona 

KUALA LUMPUR, May 7 (Bernama) -- Arla Foods Ingredients, a subsidiary of the Denmark-based dairy cooperative, is set to introduce a new protein soda concept that showcases the benefits of pure beta-lactoglobulin (BLG) at Vitafoods Europe, from May 20 to 22 in Barcelona

Malaysia’s Manufacturing PMI Slips To 48.6 In April Amid Weak Demand - S&P

KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

The Exchange Asia And ESGAM Sign MoU To Launch ESG PLUS 2025

KUALA LUMPUR, April 16 (Bernama) – The Exchange Asia, through Magnate Media Sdn Bhd, today signed a memorandum of understanding (MoU) with the ESG Association Malaysia (ESGAM) to strengthen the credibility of the ESG PLUS Awards as a regional platform that adheres to international environmental, social, and governance (ESG) standards.

Mongolian Mining Completes Redemption Of Notes At 109.27 Pct Of Principal

KUALA LUMPUR, April 16 (Bernama) -- Mongolian Mining Corporation officially completed the redemption of all its outstanding Notes on April 15.