KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
KUALA LUMPUR, Aug 27 (Bernama) -- Guigang City is accelerating its momentum in the global electric vehicle (EV) race, as officials announced the Fifth (2025) New Energy Electric Vehicle Industry Development Conference will be held in Nanning on Aug 28.
KUALA LUMPUR, Aug 27 (Bernama) -- Frontline International, a leader in smart oil management systems for restaurants and commercial kitchens, has promoted Zack Palazzo to vice president (VP) of sales and finance, marking a strategic move to reinforce its growth and financial leadership.
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago.
BANGKOK, Aug 26 (Bernama) -- Thailand’s Cabinet on Tuesday approved the 2026 budget and annual operational plan for the Malaysia-Thailand Joint Authority (MTJA) amounting to about US$5.65 million (US$1=RM4.20).
KUALA LUMPUR, Aug 26 (Bernama) -- CECOCECO has joined forces with Acoustic & Lighting System (A&L) as co-exhibitors at FIND – Design Fair Asia 2025 to present an immersive installation powered by the ArtMorph system at Marina Bay Sands, Singapore.
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.
PUTRAJAYA, Aug 25 (Bernama) -- The Malaysian Association of Tour and Travel Agents (MATTA) aims to achieve more than RM250 million in sales during the upcoming 57th National MATTA Fair, driven by the upcoming Visit Malaysia 2026 (VM2026) and a surge in intra-ASEAN travel demand.
