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FNHB 3Q Net Profit Falls To RM84.81 Mln On Weaker Earnings, Unrecognised Tax Assets

KUALA LUMPUR, Aug 1 (Bernama) -- Fraser & Neave Holdings Bhd’s (FNHB) net profit fell to RM84.81 million in the third quarter ended June 30, 2025 (3Q 2025) from RM121.62 million in 3Q 2024.

Persistent Buying Lifts Bursa Higher At Midday

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, as persistent buying activities in selected heavyweights and fresh catalysts lifted market sentiment.

Malaysia’s 13MP GDP, Fiscal Deficit Targets Are Attainable -- CGS

KUALA LUMPUR, Aug 1 (Bernama) -- CGS International Securities Malaysia Sdn Bhd believes the average gross domestic product (GDP) growth target of 4.5–5.5 per cent under the 13th Malaysia Plan (13MP), along with the fiscal deficit target of three per cent of GDP by 2030, is attainable.

Malaysia’s Manufacturing Sector Edges Towards Stabilisation In July -- S&P Global

KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia’s manufacturing sector showed signs of stabilisation in July, with the pace of moderation easing as demand conditions gradually improved, according to S&P Global.

CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

13MP: Fiscal Consolidation Measures To Reduce Deficit Below 3 Pct, Control Debt

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Dr Falk Pharma, Allianthera Partner To Develop Novel AhR Agonist 

KUALA LUMPUR, July 30 (Bernama) -- Dr Falk Pharma GmbH and Allianthera have announced a strategic agreement to co-develop and commercialise ATB102, an aryl hydrocarbon receptor (AhR) agonist currently in Phase 1 trials in the United States.

Rubber Market Ends Lower Amid Mixed Regional Futures

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian rubber market ended lower today amid a mixed trend in regional rubber futures. 

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Alliance Bank Cautiously Optimistic On FY2026 Performance - Group CEO

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is cautiously optimistic of its financial performance ending March 31, 2026 (FY2026) amid economic headwinds, said group chief executive officer Kellee Kam.

Datavault AI Expands Commercialisation Of Flagship AI Agents Via IBM Collaboration 

KUALA LUMPUR, July 30 (Bernama) -- Datavault AI Inc, a leader in artificial intelligence (AI) data experience, valuation, and monetisation, has announced the expanded commercialisation of its flagship AI agents, DataScore and DataValue, developed in partnership with IBM’s watsonx.ai platform.