9d ago
KUALA LUMPUR, May 28 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is studying the merger of the Halal Development Corporation (HDC) and the Malaysia External Trade Development Corporation (MATRADE).
9d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.
9d ago
KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) delivered approximately RM1.5 billion in value to stakeholders through dividends and socio-economic initiatives in the financial year 2024, reaffirming its commitment to long-term value creation and national development.
10d ago
KUALA LUMPUR, May 27 (Bernama) -- As Malaysia advances its ambition to become a regional digital hub, Tenaga Nasional Bhd (TNB) continues to power critical infrastructure for the sector.
10d ago
KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)
10d ago
KUALA LUMPUR, May 27 (Bernama) -- Shareholder activism in Asia has reached unprecedented levels, with over 200 companies targeted in both 2023 and 2024, up significantly from 134 in 2021, according to Diligent Market Intelligence’s newly released Shareholder Activism in Asia 2025 report.
10d ago
By Karina Imran
KUALA LUMPUR, May 27 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will drive deeper integration and create prosperity across the Southeast Asian economies, while strengthening the bloc’s resilience against external economic pressures, an economist said today.
10d ago
KUALA LUMPUR, May 27 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit for the first quarter ended March 31, 2025 (1Q FY2025) declined to RM94.54 million from RM102.3 million recorded in the same period last year.
10d ago
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
11d ago
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
11d ago
KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.
11d ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.