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Islamic Finance To Grow, Sukuk Issuance To Ease In 2025 - Moody's

KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.

DRB-HICOM Posts Lower Net Profit Of RM22.55 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.

Ringgit Opens Marginally Higher Vs US Dollar Amid Mixed Market Sentiment

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.

IOI Properties 2Q Net Profit Slips To RM94.78 Mln

KUALA LUMPUR, Feb 26 (Bernama) --  IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.

Property Market Hits Decade-High Record In 2024 – Amir Hamzah

KAJANG, Feb 26 (Bernama) -- The property market recorded an outstanding performance in 2024, with both transaction volume and value reaching the highest levels in a decade, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties

KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).

Malakoff Back In The Black In FY2024

KUALA LUMPUR, Feb 21 (Bernama) -- Malakoff Corporation Bhd returned to the black in the financial year ended Dec 31, 2024 (FY2024) with a net profit of RM268.69 million from a net loss of RM837.16 million in FY2023.

Vonage 2025 Report Highlights AI's Impact On Customer Engagement

KUALA LUMPUR, Feb 21 (Bernama) -- Vonage, a global leader in cloud communications, highlights key insights into customer preferences for communication with businesses, emphasising the rising influence of artificial intelligence (AI) in enhancing customer interactions in its Global Customer Engagement Report 2025.

Govt Forecasts Moderate Inflation Increase Of 2.0-3.5 Pct In 2025 -- MOF

KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).

Onn Hafiz: Johor Govt Drafting Masterplan For JS-SEZ

ISKANDAR PUTERI, Feb 19 (Bernama) -- The Johor State Government is currently drafting a masterplan for the Johor-Singapore Special Economic Zone (JS-SEZ).

GDP Growth Across Asia-pacific Region Expected To Slow To 3.7 Pct This Year -- Moody's Analytics

KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.

Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.