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IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.
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KUALA LUMPUR, Dec 10 (Bernama) -- Gamuda Bhd posted a five per cent rise in its earnings to RM215 million from last year’s RM205 million for the first quarter ended Oct 31, 2025 (1Q FY2026), primarily driven by robust contributions from domestic construction projects.
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KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).
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KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon as investors stayed cautious and locked in profits ahead of the United States Federal Open Market Committee’s (FOMC) policy decision on interest rates, while also mirroring the downbeat performance across regional markets.
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KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.
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KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production slid 5.30 per cent month-on-month (m-o-m) to 1.94 million tonnes in November 2025 from 2.04 million tonnes in October 2025, according to the Malaysian Palm Oil Board (MPOB).
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KUALA LUMPUR, Dec 10 (Bernama) -- Penguin Solutions Inc has expanded its DDR5 memory portfolio with the launch of its SMART 64-gigabyte (GB) DDR5-6400 ECC CSODIMM module, engineered for high-performance computing across industrial, edge, telecom and networking systems.
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KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.
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From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
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By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.
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By Jailani Hasan
LABUAN, Dec 9 (Bernama) -- Labuan’s port operator, Megah Port Management Sdn Bhd (MPM), said it is open to forging collaborative efforts with Langkawi Port Sdn Bhd (LPSB), particularly in exchanging expertise and best practices in port management.
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KUALA LUMPUR, Dec 9 (Bernama) -- Fitch Ratings’ affirmation of Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook is bolstered by the country’s sterling performance across key environmental, social, and governance (ESG) indicators.