Airwallex Singapore Revenue Soars 153 Pct, Grows Team And Office Space 

KUALA LUMPUR, April 10 (Bernama) -- Airwallex, a global payments and financial platform, announced impressive growth in its Singapore operations for fiscal year 2024, with revenue surging by 153 per cent year-over-year.

Moody’s: Malaysia Among Countries That May Gain Market Share As US Tariffs Shift APAC Trade

KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

AEON Credit Posts Lower Net Profit Of RM370.61 Mln In FY2025

KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024. 

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.

PHB Group Declares 2.50 Sen Interim Income Distribution For AHB

KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.

UOB Malaysia Named Malaysia's Best Bank By Global Finance

KUALA LUMPUR, April 8 (Bernama) -- UOB Malaysia has been named Malaysia's Best Bank at the 32nd annual World's Best Bank Awards 2025 - Asia Pacific by Global Finance magazine.

Gold Futures Close Lower

By Zufazlin Baharuddin

KUALA LUMPUR, April 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, with bulls remaining on the sidelines amid a risk-off mood, fuelled by concerns over a potential global trade war.

TM To Rebuild Network Infrastructure Affected By Putra Heights Fire Incident

KUALA LUMPUR, April 4 (Bernama) -- Telekom Malaysia Bhd (TM) announced that its technical teams are ready and committed to restoring services and rebuilding any affected network infrastructure in stages, depending on the severity of the damage affected by the pipeline burst in Putra Heights.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.