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IPOH, May 21 (Bernama) -- Ningbo Fresh Technology Co Ltd of China will invest an additional RM263 million in Tanjong Malim, Perak, hence further strengthening the country’s automotive industry ecosystem.
KUALA LUMPUR, May 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, despite weaker performance in the United States (US) COMEX market, supported by safe-haven demand.
KUALA LUMPUR, May 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM545.39 million for the financial year ended March 31, 2026 (FY2026) from RM394.25 million in the preceding year.
KUALA LUMPUR, May 21 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc) has collaborated with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) to host a knowledge-sharing session highlighting opportunities in Islamic finance.
KUALA LUMPUR, May 21 (Bernama) -- TH Plantations Bhd’s net profit eased by 9.49 per cent to RM11.62 million in the first quarter ended March 31, 2026 (1Q 2026) compared with RM12.84 million in the same period last year.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters.
KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).
KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.
KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.
KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Union Insurance Company Limited (Union).
