LATEST NEWS   Bursa Malaysia net profit slips to RM250.16 mln in FY2025 versus RM310.12 mln a year ago | RM254 million allocated for cooperative development programmes this year, highest since cooperative movement establishment in 1922 - Sim | KLIA Solar Farm expected to reduce carbon dioxide emissions by up to 35,000 tonnes a year - Fadillah | KLIA Solar Farm Initiative supports Malaysia's target of achieving 70 percent renewable energy use by 2050 - DPM Fadillah | Launch of Solar Farm and Battery Energy Storage System (BESS) supports KLIA operations as country's critical transport infrastructure - DPM Fadillah | 

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xSuite Asia To Host 2025 User Conference In Singapore On May 29 

KUALA LUMPUR, May 2 (Bernama) -- xSuite Asia will hold its 2025 User Conference on May 29 in Singapore, offering information technology (IT) and finance professionals an in-depth look at future-ready technologies including artificial intelligence (AI), invoice processing, SAP S/4HANA, cloud computing and SAP Clean Core strategies.

China’s Durian Imports From Malaysia To Rise 15-20 Pct In 2025 On Strong Demand - MayCham

From Kisho Kumari Sucedaram

BEIJING, May 2 (Bernama) -- The volume of China’s durian imports from Malaysia is expected to increase by between 15 and 20 per cent this year, driven by sustained consumer demand despite recent weather-related challenges in Malaysia, according to the Malaysia Chamber of Commerce and Industry in China (MayCham). 

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.

MDV Powers Malaysia’s Tech Innovation With More Than RM13 Bln Financing, Drives Green, Digital Future

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) has emerged as a key enabler of the nation’s innovation and digital transformation agenda, with more than RM13 billion channelled into over 1,000 high-impact, technology-driven projects.

Bursa Malaysia Opens Higher In Line With Wall Street's Upbeat Performance

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia opened higher today, following Wall Street’s upbeat performance driven by falling US Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25 per cent car-related tariffs.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

Nestle Shares Soar Despite Reporting Lower 1Q Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.

Tower’s Credit Ratings Affirmed By AM Best

KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.

Taiwanese Shinkong Insurance Receives Credit Rating Boost From AM Best 

KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).

CIMB Expects Lower 1Q Net Profit For Bursa Malaysia

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.

Uni-Fuels Revenue Soars 119 Pct, Faces Profit Headwinds Post-IPO

KUALA LUMPUR, April 23 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, posted a 119 per cent surge in revenue for 2024, reaching US$155.2 million from US$70.8 million in 2023, driven by a 121 per cent jump in marine fuel sales. (US$1=RM4.38)