Guan Chong's Net Profit Surges To RM429.2 Mln In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Guan Chong Bhd’s net profit surged to RM429.18 million in the financial year ended Dec 31, 2024 (FY2024) compared with RM100.93 million in the preceding year partly due to higher selling prices of cocoa products.

IOI Properties 2Q Net Profit Slips To RM94.78 Mln

KUALA LUMPUR, Feb 26 (Bernama) --  IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.

Gambus Replica, Kain Benang Johor Presented As Souvenirs For ASEAN Delegates

JOHOR BAHRU, Feb 26 (Bernama) -- Delegates at the 31st ASEAN Economic Ministers’ Retreat (AEM), in Desaru, Kota Tinggi, will receive exclusive souvenirs featuring a replica of gambus, a traditional musical instrument, and Kain Benang Johor fabric.

MAG Adds 200 Flights For Ramadan, Hari Aidilfitri Travel Rush

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Aviation Group (MAG)’s airlines, which operates Malaysia Airlines Bhd and Firefly will be allocating over 200 additional flights during the upcoming Ramadan and Hari Raya Aidilfitri peak travel period to accommodate the expected surge in travel demand.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

ASEAN Must Expand Economic Zones At Member State Borders - Economist

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.

Malaysia's Economy Shows Resilience Amid Global Uncertainty

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.

Seven States Surpass Nation's Manufacturing Industry Capacity Utilisation Of 81.9 Pct In 4Q 2024 - DOSM

KUALA LUMPUR, Feb 25 (Bernama)  -- Seven states surpassed the nation’s manufacturing industry  capacity utilisation of 81.9 per cent in the fourth quarter of 2024 (4Q 2023: 79.9 per cent) with the first three states being Labuan at 97.9 per, followed by Johor (84.8 per cent) and Pahang (84.6 per cent).

MITI Targets 5 Pct Growth In Approved Investments In 2025, Over Last Year's RM378.5 Bln

KUALA LUMPUR, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) targets a five per cent growth in approved investments for Malaysia this year, over RM378.5 billion in 2024, which was the highest ever recorded.

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

Paris Baguette’s Halal Hub Launch In Johor Boosts Malaysia-South Korea Economic Ties - Ambassador

KUALA LUMPUR, Feb 25 (Bernama) -- The opening of Paris Baguette’s halal-certified bakery factory in Johor is seen as a pivotal development in strengthening economic and investment ties between Malaysia and South Korea, according to South Korean Ambassador to Malaysia Yeo Seung Bae.

Singapore-based ST Telemedia Break Ground On First Data Centre In Johor

KUALA LUMPUR, Feb 24 (Bernama) -- Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) today held a groundbreaking ceremony for its first data centre facility in Johor.