SBC Medical Posts US$43 Mln Q2 Revenue, Net Income Falls 87 Pct

KUALA LUMPUR, Aug 15 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported second-quarter (Q2) revenue of US$43 million, an 18 per cent year-over-year (YoY) decline, as the company continues to realign its business around higher-margin services and scalable growth. (US$1=RM4.21)

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Total Of 1,533 Furniture Projects Worth RM11.62 Bln Approved As Of March - Liew

KUALA LUMPUR, Aug 5  (Bernama) —  A total of 1,533 furniture projects have been approved with an investment value amounting to RM11.62 billion as of March this year, according to the Malaysian Investment Development Authority (MIDA), said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

Exporting Rare Earths To US Without Any Restrictions Is Not Exclusive Right To US -- Tengku Zafrul

KUALA LUMPUR, Aug 4 (Bernama) -- The agreement not to impose any export restrictions on the supply of rare earth elements/critical minerals to the United States (US) does not mean that Malaysia grants the US exclusive rights to the supply of those elements.

Over 5.03 Million Hectares Of Oil Palm Plantation In Malaysia Under MSPO Certification Scheme

MELAKA, Aug 4 (Bernama) -- A total of 5.03 million hectares or 89.6 per cent of the oil palm plantation area in Malaysia has been certified under the Malaysian Sustainable Palm Oil (MSPO) certification scheme as of June 30 this year, said Deputy Minister of Plantations and Commodities Datuk Chan Fong Hin.

HERE, EROAD Expand Partnership To Deliver Smart Trucking Solutions In Oceania

KUALA LUMPUR, July 31 (Bernama) -- HERE Technologies, a global leader in digital mapping and location data, is expanding its collaboration with fleet management and telematics provider EROAD to power EROAD’s first vehicle-aware navigation application for Oceania.

Rubber Market Closes Lower On Profit-taking

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 28 (Bernama) -- The Malaysian rubber market closed lower on Monday, in tandem with regional rubber futures markets, amid profit-taking that triggered a short-term pullback, a dealer said.

MAHB On Track To Achieve 62 Mln Passenger Movements By Year-end -- Group MD

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is optimistic of achieving its target of 62 million passenger movements by year-end, a milestone that would mark its return to pre-pandemic levels.

Malaysia Stands 55 Pct Chance Of Lower US Tariffs At 15-19 Pct -- Apex Securities

KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.

Malaysia's Trade Performance On Track To Hit Growth Target - Tengku Zafrul

KUALA LUMPUR, July 15 (Bernama) -- Malaysia's trade performance for this year remains within expectations and is on track to reach the target growth of four to five per cent, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

PIVB Maintains 'Overweight' On Tech Sector Following MITI's AI Chip Export Measure

KUALA LUMPUR, July 15 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its “overweight” rating on the technology (tech) sector following the Ministry of Investment, Trade and Industry’s (MITI) announcement on artificial intelligence (AI) chip export control measures.