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Scams, Trust Issues Plague Secondhand Motorcycle Market In Malaysia

By Abdul Hamid A Rahman

KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s secondhand motorcycle market continues to grapple with trust issues as buyers face growing risks of fraud and a lack of transparency in transactions.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

CIMB Bank Partners With UnionPay To Enhance Payment Services In Malaysia

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd has signed a memorandum of understanding (MoU) with UnionPay International (UPI) to enhance payment services in Malaysia.

Astral Asia's Unit Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

AC Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

ASEAN Adopts Ambitious Economic Plan To Make Next Leap, Renews Quest For A Single Market

A Commentary By M.Saraswathi

KUALA LUMPUR, May 26 (Bernama) -- The leaders of Southeast Asia’s 10-member grouping have adopted an ambitious new economic strategy that envisions a developed ASEAN as the epicentre of growth in the larger Asia-Pacific region, elevating its stature to emerge as the world’s fourth-largest economy.

Ringgit Set To Stay Firm With Upside Bias Against USD Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.

Rest N Go Eyes Indonesian Market For Next Phase Of ASEAN Expansion

By Nurhafizah Tan

KUALA LUMPUR, May 23 (Bernama) -- Malaysian self-service massage chair provider Rest N Go is planning to expand into Indonesia, marking the next phase of its growth strategy across the Southeast Asia region.

Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

Building Digital Trust Is Key To Unlocking ASEAN's Financial Future

KUALA LUMPUR, May 22 (Bernama) -- As ASEAN pushes forward in its digital transformation journey, addressing persistent issues such as hidden fees, lack of recourse and data privacy is essential to ensure no enterprise is left behind.

Raffcomm Eyes RM60 Mln Revenue From SSM e-Info This Year

KUALA LUMPUR, May 21 (Bernama) -- Raffcomm Technologies Sdn Bhd (Rafftech) aims to achieve RM60 million in revenue from the Companies Commission of Malaysia’s (SSM) e-Info services by the end of this year.