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Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.

Nambawan Super Goes Live With SmartStream’s AI-driven Air Solution

KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.

Extended Producer Responsibility Concept, Market-based Recycling Among Highlights In ASEAN Media Workshop

JAKARTA, Feb 27 (Bernama) -- The implementation of extended producer responsibility (EPR) and market-based recycling system in ASEAN were among the key highlights raised at the Southeast Asia environmental workshop for media practitioners held here. 

Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook

KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.

Autel Energy Unveils High-speed Maxicharger DH480 At EVCharge Live Thailand 2025

KUALA LUMPUR, Feb 27 (Bernama) -- Autel Energy, an electric vehicle (EV) charging solutions provider, is making waves at EVCharge Live Thailand 2025, held on Feb 26 to 27, with the debut of its innovative MaxiCharger DC series.

Govt, BNM Continue To Strengthen Trade And Investment Mechanisms In Local Currency

KUALA LUMPUR, Feb 27 (Bernama) – The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts

KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Commercial Aviation Safety Improves On Five-year Average But Took A Step Back From 2023 - IATA

KUALA LUMPUR, Feb 26 (Bernama) -- The commercial aviation industry delivered an improved overall performance on safety in 2024 including showing improvements on the five-year average, but it took a step back from an exceptional performance in 2023, according to the International Air Transport Association (IATA).

Synchronoss To Discuss Q4, Full Year 2024 Financial Results On Conference Call

KUALA LUMPUR, Feb 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) announced it will hold a conference call on March 11 to discuss its financial results for the fourth quarter (Q4) and full year ended Dec 31, 2024.