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Synology Targets Stronger Brand Presence Among Malaysian Businesses

From Rosemarie Khoo Mohd Sani

TAIPEI, May 21 (Bernama) -- Synology Inc, a Taiwan-based data management technology provider, is ramping up efforts to increase its brand presence among businesses in Malaysia, which currently account for nearly 70 per cent of its overall customer base.

FBM KLCI Extends Losing Streak For 5th Straight Session

By Siti Radziah Hamzah

KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia remained lower at the end of the morning trading session, despite the mostly higher regional market performance, as market undertone remains cautious.

Bursa Malaysia Opens Mixed

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight. 

MYEG 1Q 2025 Net Profit Rises To RM181.64 Mln

KUALA LUMPUR, May 20 (Bernama) -- MY E.G. Services Bhd (MYEG) recorded a higher net profit of RM181.64 million for the first quarter ended March 31, 2025 (1Q 2025) compared to RM155.95 million in the previous corresponding period.

RHB Bank Cautious About Malaysia’s Export Outlook Despite April Surge

KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.

Ringgit Opens Slightly Lower Against Greenback Ahead Of Fed Rate Decision

KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened marginally lower against the US dollar on Tuesday as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.

Johor Plantations Posts Higher Net Profit Of RM75.93 Mln In 1Q 2025

KUALA LUMPUR, May 19 (Bernama) -- Johor Plantations Group Bhd (JPG) posted a higher net profit of RM75.93 million in the first quarter (1Q) ended March 31, 2025, compared to RM49.97 million in the same period last year.

Bursa Malaysia Ends Lower In Line With Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended lower on Monday, mirroring the lacklustre performance across Asia as weak Chinese economic data and the recent downgrade of the United States’ sovereign credit rating weighed on regional market sentiment.

Affin Bank 1Q Net Profit Rises To RM124.09 Mln, Revenue Jumps To RM543.93 Mln

KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.