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KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.
KOTA TINGGI, Feb 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has deployed 27 units of the Proton e.MAS 7, Malaysia’s first national electric vehicle (EV) as the official transport for the 31st ASEAN Economic Ministers’ (AEM) Retreat in Desaru.
KUALA LUMPUR, Feb 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) is expected to trade between RM4,000 per tonne and RM4,600 per tonne from now until March 31, 2025.
KUALA LUMPUR, Feb 26 (Bernama) -- The commercial aviation industry delivered an improved overall performance on safety in 2024 including showing improvements on the five-year average, but it took a step back from an exceptional performance in 2023, according to the International Air Transport Association (IATA).
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
KUALA LUMPUR, Feb 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reaffirmed its commitment to restructuring Malaysia’s steel industry to enhance sustainability, recognising it as a strategic sector for the country.
By Ahmad Erwan Othman and Norsyafawati Ab Wahab
KOTA TINGGI, Feb 26 (Bernama) -- Malaysia, as the chair of ASEAN 2025, needs to promote the establishment of cross-border economic zones among members to enhance economic potential among their neighbouring countries, similar to the Johor-Singapore Special Economic Zone (JS-SEZ) model.
KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, 26 Feb (Bernama) -- Malaysia remains a top destination for European and US investors even though the country has joined BRICS as a partner country.
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.
By Norsyafawati Ab Wahab and Mohd Khairi Idham Amran
KOTA TINGGI, Feb 25 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat, set for Friday in Desaru, is expected to see all member states endorsing the 18 Priority Economic Deliverables (PEDs) and reviewing progress on the ASEAN Economic Community (AEC) Strategic Plan 2026-2030.
