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RHB Bank Eyes Strong FY2025, Banking On Up To 7 Pct Loan Growth

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.

Kluang Coffee Powder Factory Eyes RM31.5 Mln Revenue In 2025

KOTA TINGGI, Feb 27 (Bernama) -- Local coffee powder manufacturer Kluang Coffee Powder Factory Sdn Bhd aims to achieve RM31.5 million revenue in 2025, up five per cent from RM30 million last year, driven by strong demand from customers in both physical and online marketplaces.

Gamalux Expands With New Pulau Indah Plant, Eyes Leadership In Sustainable Energy

KUALA LUMPUR, Feb 24 (Bernama) -- Gamalux has reached a significant milestone with the construction of its new plant at Pulau Indah, which is progressing on schedule and is expected to be completed in the second quarter of 2025.

Malaysia Eyes Zero CPO Exports As It Increases Production Of Downstream Products -- Johari

KUALA LUMPUR, 24 Feb (Bernama) --  The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.

PCG Records Lower Net Profit In FY2024, Declares 3.0 Sen Second Interim Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.

ACE Market-bound Saliran Eyes RM21.71 Mln From IPO

KUALA LUMPUR, Feb 19 (Bernama) -- ACE Market-bound oil and gas (O&G) pipe supplier Saliran Group Bhd aims to raise RM21.71 million through its initial public offering (IPO).

Ringgit Falls AS Investors Seek Safe Havens Ahead Russia-Ukraine Peace Talks

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine. 

Affin Bank Branches In Sarawak To Increase To 14 By July

KUCHING, Feb 18 (Bernama) -- Affin Bank Bhd will increase the number of its branches in Sarawak to 14 by July this year as part of its commitment to expanding its services and strengthening its presence in the state.

Ringgit Firmer Against US Dollar On Sustained Hope For Fed Rate Cut

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit ended higher against the US dollar, fueled by continued expectation that the US Federal Reserve (Fed) will cut interest rates.

Haos Ek? Eyes Export Market, Targets Bursa Malaysia Listing In 2028

KUALA LUMPUR, Feb 11 (Bernama) -- Haos Bhd, a company that produces the local beverage brand Haos Ek?, is expanding into the export market and taking steps towards listing on the Bursa Malaysia in 2028.

Zenas BioPharma Targets Key 2025 Milestones For Obexelimab In Autoimmune Diseases

KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.