99 Speedmart Opens First Outlet In China

KUALA LUMPUR, Sept 2 (Bernama) -- 99 Speed Mart Retail Holdings Bhd has confirmed the opening of its first store in China, located in Fuzhou, Fujian Province, on Aug 31.

MPRC Urges OGSE Players To Leverage Their Expertise To Capture Markets Of The Future

KUALA LUMPUR, Sept 2 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) has called on the country’s oil and gas services and equipment (OGSE) players to turn their proven expertise into future advantage.

PNB Should Prioritise National And Bumiputera Interest In Prolintas Investment Review -- PM Anwar

KUALA LUMPUR, Aug 30 (Bernama) -- Permodalan Nasional Berhad (PNB) has been urged to place national and Bumiputera interests as the foremost considerations when making any decisions regarding the strategic review of its investments in Projek Lintasan Kota Holdings Sdn Bhd (Prolintas).

PNB Confirms Ongoing Talks On Highway Assets, Process Still At Early Stage

KUALA LUMPUR, Aug 29 (Bernama) -- Permodalan Nasional Bhd (PNB) today confirmed that discussions are ongoing with several parties regarding its highway assets in Projek Lintasan Kota Holdings Sdn Bhd (Prolintas).

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

APEC Economies Agree On Closer Cooperation In Creative And Cultural Industries

By Farhana Poniman

GYEONGJU, Aug 27 (Bernama) -- Ministers and high-level representatives from APEC economies have released a joint statement affirming their commitment to continued collaboration in the cultural and creative sectors. 

Maybank Continues To Look For Growth Opportunities, Revises Loan, Nim Expectations - President/GCEO

KUALA LUMPUR, Aug 26 (Bernama) -- Malayan Banking Bhd (Maybank) continues to pursue growth opportunities across segments despite soft market conditions, said president and group chief executive officer (GCEO) Datuk Seri Khairussaleh Ramli. 

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.

1MDB: JPMorganChase To Pay RM1.4 Bln To Govt As Settlement - MoF

KUALA LUMPUR, Aug 22 (Bernama) -- The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).

BNM’s International Reserves Rise To US$122 Bln As At Aug 15

KUALA LUMPUR, Aug 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$122 billion as of Aug 15, 2025, up from US$121.3 billion recorded on July 31, 2025.

Gamuda Shares Up On SD Guthrie Collaboration, Contribution To Trickle In From 2028/29

KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).