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Rubber Market Ends Higher On Regional Futures Uptrend, Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 20 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, supported by an uptrend in regional rubber futures markets and persistent concerns over a natural rubber supply shortage, said a dealer.

AmBank Group’s 3Q Net Profit Falls To RM486.49 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.  

Affin Bank Branches In Sarawak To Increase To 14 By July

KUCHING, Feb 18 (Bernama) -- Affin Bank Bhd will increase the number of its branches in Sarawak to 14 by July this year as part of its commitment to expanding its services and strengthening its presence in the state.

AirTrunk Plans Second Data Centre In Johor

JOHOR BAHRU, 14 Feb (Bernama) -- Asia-Pacific hyperscale data centre specialist, AirTrunk, has announced plans to develop its second cloud and artificial intelligence-ready data centre in Malaysia, named AirTrunk JHB2 (JHB2), in Iskandar Puteri, Johor.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

MMAG Holdings Expands Into Financial, Aviation Services

KUALA LUMPUR, Feb 13 (Bernama) -- MMAG Holdings Bhd has proposed diversifying into financial services, including moneylending and hire purchase financing, alongside its existing businesses.  

Capital A, AAX Stocks Up After Positive 4Q Operating Stats

KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.

AirAsia X Passengers Surge 41 Pct To Over Four Mln In 2024

KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.

222 Bumiputera MSMEs Benefit From RM34.44 Million In BEEP Grants Up To Dec 2024 - MECD

KUALA LUMPUR, Feb 12 (Bernama) -- A total of 222 Bumiputera micro, small, and medium enterprises (MSMEs) have benefited from the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia with grant approvals totalling RM34.44 million, up to December 2024.

Airasia Carries 63 Mln Passengers With Load Factor Of 89 Pct In FY2024

KUALA LUMPUR, Feb 12 (Bernama) -- Capital A Bhd’s aviation arm, AirAsia Aviation Group (AirAsia), carried 63.18 million passengers in the financial year ended Dec 31, 2024 (FY2024) with a load factor of 89 per cent, lifted by robust demand and strategic capacity growth. 

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.