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CIMB Records RM1.97 Bln Net Profit In 1Q FY2025

KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.

Global Passenger Demand Up 8.0 Pct In April 2025 - IATA

KUALA LUMPUR, May 29 (Bernama) -- Global passenger demand rose 8.0 per cent in April 2025 compared to the same month last year, according to the International Air Transport Association (IATA).

YCH Group's Smart Logistic Hub In Klang Seen As Boost To Regional Connectivity

SHAH ALAM, May 29 (Bernama) -- Singapore-based supply chain management and logistics company,  YCH Group’s RM500 million Supply Chain City Malaysia (SCC MY), a smart logistic complex in Bandar Bukit Raja, Klang, is expected to serve as a key enabler of regional connectivity.  

Bursa Malaysia Seeks Public Feedback On Listing Amendments

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking public feedback on the proposed amendments to the Main Market, ACE Market, and LEAP Market Listing Requirements (LR), including updates to the corporate rescue mechanism framework and exempted related party transactions.

IHH Healthcare 1Q Net Profit Falls To RM514 Mln

KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.

Federal International Holdings Wins RM64.89 Mln Contract In PJ Selatan

KUALA LUMPUR, May 29 (Bernama) -- Federal International Holdings Bhd’s wholly-owned subsidiary, Federal Builders Industries Sdn Bhd (FBI), has been awarded a RM64.89 million contract by Perumahan Masteron Sdn Bhd (PMSB) for a development project at PJ Selatan Sentral in Petaling Jaya.

Global Air Cargo Demand Up By 5.8 Pct Y-o-y In April - IATA

KUALA LUMPUR, May 29 (Bernama) -- The International Air Transport Association (IATA) has reported a year-on-year (y-o-y) increase in global air cargo demand for April 2025.

ASEAN Green Initiatives Can Generate Additional US$300 Bln By 2030 - Tengku Zafrul

KUALA LUMPUR, May 29 (Bernama) -- ASEAN could generate an additional US$300 billion annually in green revenues and unlock up to US$1.5 trillion in new value by 2030 with advancing green investments and cross-border collaboration in regional power grids, carbon markets, and clean energy incentives  (US$1=RM4.23).

Ekuinas Committed Direct Investments Rose To RM4.9 Bln In FY2024

KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.

From Passionate Hobby To Career: Logeswaran To Continue Growing Ornamental Fish Business

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 29 (Bernama) -- A passion for keeping ornamental fish, which began at the age of 10, served as the starting point for the success of Logeswaran Arumugam, 38, who now runs a modern and exclusive aquarium under his company, SLF Pearl Capital Sdn Bhd.

Malaysia's Digital Investment Pipeline Reaches RM59.1 Bln As Of April -- Tengku Zafrul

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has a digital investment pipeline of RM59.1 billion as of April 2025, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Erases Earlier Gains To End Lower

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia failed to sustain earlier gains recorded for most part of the day to end lower on late selling, amid a mixed performance across regional markets.