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Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Economic Resilience Bolsters US Investor Confidence In Malaysia -- AMCHAM

KUALA LUMPUR, May 17 (Bernama)  -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).

SBC Medical Q1 Profit Rises 15 Pct Despite Revenue Dip

KUALA LUMPUR, May 16 (Bernama) -- SBC Medical Group Holdings Incorporated, a global provider of management services to cosmetic treatment centres, recorded a net profit of US$22 million for the first quarter (Q1) ended March 31, marking a 15 per cent increase year-on-year (y-o-y). (US$1=RM4.27)

Plexus Raises US$6 Mln To Drive Global Growth, Next-Gen Automation

KUALA LUMPUR, May 14 (Bernama) -- Plexus, the artificial intelligence (AI)-powered legal automation platform, has secured over US$6 million in new funding to accelerate global expansion and AI-led innovation. (US$1=RM4.30)

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

NTT DATA Payment Services Launches Integrated Payment Solutions 'ADAPTIS'

KUALA LUMPUR, May 8 (Bernama) -- NTT DATA Payment Services has launched a comprehensive suite of integrated payment solutions designed to meet the evolving needs of modern businesses known as ADAPTIS.

Sabah's GDP Projected To Increase To RM84.9 Bln In 2024

KOTA KINABALU, April 30 (Bernama) -- Sabah's economy has shown positive growth, with a projected gross domestic product (GDP) of RM84.9 billion in 2024 compared to RM83.2 billion in 2023.

Sabah's GDP Increases To RM83.2 Bln Last Year - Hajiji

KOTA KINABALU, April 29 (Bernama) -- Sabah's economy has shown positive growth as its gross domestic product (GDP) rose to RM83.2 billion last year from RM82.1 billion in 2023, said Chief Minister Datuk Seri Hajiji Noor.

Why America Excludes Sales, Services From Its Trade Deficits: Strategic Blind Spot In Asia

KUALA LUMPUR, April 19 (Bernama) -- In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.

AI Adoption Gaining Momentum Among Local Agencies, Companies -- NEC Malaysia

KUALA LUMPUR, April 17 (Bernama) -- Local agencies and companies are starting to adopt artificial intelligence (AI) as part of their digital transformation journey, according to NEC Corporation of Malaysia Sdn Bhd (NEC Malaysia).

Pluxee Lifts FY2025 Outlook After Strong First-half Performance

KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)

Sustainability Report: LyondellBasell Showcases Progress In Circular Economy, Climate Action

KUALA LUMPUR, April 16 (Bernama) -- LyondellBasell, a global leader in the chemical industry, has demonstrated progress in circular and low-carbon solutions, climate action and operational excellence with the release of its 2024 Sustainability Report.