Alliance Bank Expected To Continue Robust Loan Growth, Stable NIMs In 2Q FY2025 - Maybank IB

KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).

Fadillah Assures Careful Review Before Nuclear Power Commitment

KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Straits Mobile Investment Agrees To Reduce Shareholding In U Mobile To 20 Pct

KUALA LUMPUR, Nov 10 (Bernama) -- Straits Mobile Investment Pte Ltd, a wholly owned unit of Singapore-headquartered ST Telemedia, has agreed to the strategic alignment of its shareholding ownership in U Mobile to 20 per cent from 49 per cent, thus increasing U Mobile’s Malaysian ownership.

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.

Transport Ministry To Prioritise Improvement At Labuan Port

By Jailani Hasan

LABUAN, Nov 9 (Bernama) -- The Ministry of Transport is committed to advancing Labuan’s port facilities to make it a highly competitive port, bolstering its role as the island’s economic gateway.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

99 Speed Mart's 3Q Net Profit Falls To RM107.16 Mln

KUALA LUMPUR, Nov 8 (Bernama) --  99 Speed Mart Retail Holdings Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) fell to RM107.16 million from RM111.05 million in 3Q 2023.

BNM: Malaysia's ASEAN Chairmanship To Boost Regional Takaful, Re-takaful Collaboration 

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia’s ASEAN chairmanship next year represents an opportunity to advance regional collaboration in critical sectors including in takaful and re-takaful, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid. 

AKWEL Posts Noticeable Drop In Third Quarter Revenue

KUALA LUMPUR, Nov 8 (Bernama) -- AKWEL has reported a consolidated revenue of 757.7 million euros, down 5.2 per cent over the first nine months of this year, compared to same period last year. (1 euro = RM4.73)

Fahmi : Premature To Reveal Conditions For U Mobile’s 5G Network

PUTRAJAYA, Nov 8 (Bernama) -- U Mobile Sdn Bhd will be subject to specific conditions set by the Malaysian Communications and Multimedia Commission (MCMC) as it develops Malaysia’s second 5G network, said Communications Minister Fahmi Fadzil.

PM Anwar To Lead Malaysian Delegation To APEC Summit

KUALA LUMPUR, Nov 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will lead the Malaysian delegation to the 31st APEC Economic Leaders’ Meeting (AELM) in Lima, Peru, from Nov 14-16.