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KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
KUALA LUMPUR, Feb 25 (Bernama) -- Intra-ASEAN investment opportunities remain largely untapped and significant efforts are still needed to achieve regional regulatory alignment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Abdul Ghaffour.
KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.
KUALA LUMPUR, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) targets a five per cent growth in approved investments for Malaysia this year, over RM378.5 billion in 2024, which was the highest ever recorded.
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
KUALA LUMPUR, Feb 25 (Bernama) -- The opening of Paris Baguette’s halal-certified bakery factory in Johor is seen as a pivotal development in strengthening economic and investment ties between Malaysia and South Korea, according to South Korean Ambassador to Malaysia Yeo Seung Bae.
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.
KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.
KUALA LUMPUR, Feb 24 (Bernama) -- Radium Development Bhd’s wholly owned indirect subsidiary, Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial land parcels for RM458 million.
KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended Dec 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year earlier.
KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.
