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KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
KUALA LUMPUR, June 3 (Bernama) -- Cyberwrite has entered into a partnership with Samsung Fire & Marine Insurance (SFMI) to strengthen the insurer’s cyber insurance capabilities.
KUALA LUMPUR, June 2 (Bernama) -- Ongoing geopolitical and economic uncertainties present the most significant risks to the airline industry outlook, said International Air Transport Association (IATA) director general Willie Walsh.
KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.
KUALA LUMPUR, May 28 (Bernama) -- Eastern and Oriental Bhd’s (E&O) net profit jumped to RM168.64 million in the financial year ended March 31, 2025 (FY2025) from the previous financial year’s RM133.60 million.
By Siti Noor Afera Abu
KUALA LUMPUR, May 27 (Bernama) -- The Malaysian rubber market ended slightly higher today, boosted by steady benchmark crude oil prices and an uptick in the regional rubber futures markets, said a dealer.
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- The collective ASEAN gross domestic product (GDP) is projected to grow at 4.7 per cent in 2025 as compared to 4.2 per cent last year, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 23 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will outline the framework for the regional economic integration agenda and enhance its agility and resilience against external shocks.
LANGKAWI, May 21 (Bernama) -- Futurise Sdn Bhd and the Malaysian Industry-Government Group for High Technology (MIGHT) have launched the Advanced Air Mobility (AAM) Industry Report, a strategic step forward in shaping the future of Malaysia’s air mobility ecosystem by leveraging innovation, forward-looking regulatory insights and industry expertise to drive sustainable growth.
