1y ago
PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- EZVIZ has won two Asia Design Prizes for its innovations aimed at enhancing smart home experience with robust functionality and optimal visual enjoyment for the second consecutive year.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s decision to transition from a Single Wholesale Network to a Dual Network model for 5G deployment is expected to drive competition, attract investment, and accelerate the country’s digital transformation, according to the GSM Association (GSMA).
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The Asia-Pacific (APAC) region is on track to solidify its position as the world’s most competitive aviation market in 2025, having surpassed 2019’s total capacity by 0.5 per cent in 2024, according to the latest analysis by travel data provider OAG.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The transformation efforts of Malaysia Airports Holdings Bhd (MAHB) are expected to bear fruit, attracting more airlines and passengers and boosting the country's economic growth while providing returns to the government, according to the Ministry of Finance (MOF).
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
1y ago
By Mohd Noor Iqram Rosli
KOTA BHARU, Feb 10 (Bernama) -- Halal wholesaler and retailer chain Mydin Mohamed Holdings Bhd aims to rake in RM3.2 billion in sales revenue for this year.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia is expected to become an important exporter of fresh durian to China following an agreement cemented last year between the two countries, said BMI.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.