MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q
KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.
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BNM Likely To Cut OPR By 25 bps On July 9, By-passing MPC May Meeting - CIMB Securities
KUALA LUMPUR, May 2 (Bernama) -- CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025, by-passing the Monetary Policy Committee (MPC) meeting in May.
CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln
KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.
MARC Projects Malaysia's 1Q GDP Growth At 4.4 Pct
KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s economy is anticipated to moderate to 4.4 per cent in the first quarter of 2025 (1Q2025), from 5.0 per cent in the previous quarter, according to the Malaysian Rating Corp Bhd (MARC).
Capital A On Track To Complete Regularisation, Restructuring Plan By June
KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is on track to complete its proposed regularisation and restructuring plan by June 2025, citing continued progress across key regulatory, financial and operational milestones.
Over RM27 Mln Development Projects Approved For First Quarter In Negeri Sembilan
SEREMBAN, April 30 (Bernama) -- The current status of development projects (expenditure) approved in Negeri Sembilan for the first quarter of this year from January to March is RM27,043,020.12 out of the approved allocation of RM135 million, the State Legislative Assembly (DUN) was told today.
Bursa Malaysia Opens Higher In Line With Wall Street's Upbeat Performance
KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia opened higher today, following Wall Street’s upbeat performance driven by falling US Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25 per cent car-related tariffs.
CPO Prices To Average At RM4,200 A Tonne In 2025 - Kenanga
KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,200 per tonne in 2025 due to a high price premium enjoyed by palm oil over soyabean oil in the first quarter of 2025 (1Q 2025), said Kenanga Investment Bank Bhd (Kenanga Research).
Nestlé’s 1Q 2025 Net Profit Falls To RM161.34 Mln, Revenue Slips To RM1.77 Bln
KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
ECERDC Facilitates RM1 Bln In Committed Investments In Terengganu As Of 1Q 2025
KUALA LUMPUR, April 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has facilitated RM1 billion in committed investments in Terengganu as of the first quarter of 2025 (1Q 2025).
Bursa Malaysia’s Net Profit For 1Q 2025 Falls To RM68.42 Mln
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.
Not All QR Codes Are Safe, Kaspersky Warns
SINGAPORE, April 25 (Bernama) – The usage of quick response (QR) codes among Malaysians has become the new normal — from banking services and exchanging contacts to ordering food.