AmBank Group’s 3Q Net Profit Falls To RM486.49 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.  

EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

Sime Darby Auto ConneXion Invests RM16.6 Mln In 3S Showroom In Penang

GEORGE TOWN, Feb 18 (Bernama) -- Sime Darby Auto ConneXion (Auto ConneXion), the sole distributor for Ford in Malaysia, has officially opened its latest and largest 3S (Sales, Service and Spare Parts) showroom in Penang, located at Jalan Baru, Seberang Perai Tengah.

Agrobank Targets 80,000 Participants For Mega Million 2.0 Campaign

KUALA LUMPUR, Feb 7 (Bernama) -- Agrobank is targeting the participation of 80,000 participants for its Mega Million 2.0 Campaign which runs from Nov 1, 2024 to Oct 31, 2025.

Salience Labs Raises US$30 Mln In Series A To Advance Optical Switches For AI Data Centres

KUALA LUMPUR, Feb 7 (Bernama) -- Salience Labs Limited, a leader in photonic solutions for artificial intelligence (AI) data centre infrastructure, has secured US$30 million in Series A funding. (US$1=RM4.42)

Yandex Launches Open-source Perforator To Optimise Server Performance, Cut Costs

KUALA LUMPUR, 5 Feb (Bernama) -- Yandex, a global tech company, has introduced Perforator, an open-source tool designed to provide continuous real-time monitoring and analysis of servers and applications.

Collaboration Across Sectors Key To Building Financial Inclusion Ecosystem - Analysts

KUALA LUMPUR, Feb 4 (Bernama) -- Collaboration among government agencies, financial institutions and businesses is essential to create an ecosystem that supports financial inclusion, said analysts.

Zycus To Transform Procurement Industry With Groundbreaking Platform Launch 

KUALA LUMPUR, Feb 3 (Bernama) -- Zycus, the global leader in procurement technology, is set to transform the procurement industry with the launch of its groundbreaking Merlin Agentic AI Platform on Feb 11.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.