Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Kerjaya Prospek Property To Continue Expanding Its Land Bank

KUALA LUMPUR, Nov 26 (Bernama) -- Kerjaya Prospek Property Bhd will continue to pursue strategic land acquisitions and expand its land bank, driven by the group's currently robust and resilient financial position while ensuring seamless progress on future development projects.

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira. 

KPJ Healthcare 3Q Net Profit Stands At RM86.02 Mln

KUALA LUMPUR, Nov 25 (Bernama) -- KPJ Healthcare Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) stood at RM86.02 million compared with RM91.74 million posted in 3Q 2023.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

Negeri Sembilan Tables Budget 2025 Totalling RM590 Million -- MB Aminuddin

SEREMBAN, Nov 22 (Bernama) -- The Negeri Sembilan government today tabled a balanced budget for 2025 with a projected revenue totalling RM590.0 million and an equivalent estimated operating expenditure,  including a development budget allocation of RM135 million.

Oil And Gas Exploration Vital For Decarbonisation Despite Investment Decline

KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade,  but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.

Trump’s Economic Policies Can Add RM19.7 Bln To Malaysia's GDP - Juwai IQI

KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).

Hibiscus Petroleum Posts Lower 1Q Net Profit Of RM75.60 Mln

KUALA LUMPUR, Nov 19 (Bernama) -- Hibiscus Petroleum Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2024, slipped to RM75.60 million from RM154.30 million posted in the same quarter last year. 

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

KUSKOP, QSB Can Work Together To Develop SMEs In Sabah - Ewon

KOTA KINABALU, Nov 14 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) and Qhazanah Sabah Bhd (QSB) have the potential to work together to foster the development of small and medium enterprises (SMEs) in Sabah.

Khazanah Maintains Vision Of Investing In Start-ups, Says Amir Hamzah

KUALA LUMPUR, Nov 14 (Bernama) -- Khazanah Nasional Bhd will continue investing in start-ups, despite losses from its stake in online fashion retailer FashionValet Sdn Bhd, said Finance Minister II Datuk Seri Amir Hamzah Azizan.