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.

DEBx Medical To Accelerate Growth In Chronic Wound Solutions With Expanded Investment 

KUALA LUMPUR, Nov 14 (Bernama) -- Amsterdam-based pioneering innovator in the field of advanced wound care, DEBx Medical announced the successful completion of its second capital investment round led by TVM Capital Healthcare.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

Geely Says Once Drivers Try EVs, They Won’t Return To Petrol

HANGZHOU (China), Nov 6 (Bernama) -- Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.