Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Fadillah To Lead Malaysia At APEC Energy Ministers Meeting In Busan

From Harizah Hanim Mohamed

BUSAN, Aug 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof will lead Malaysia’s delegation to the 15th APEC Energy Ministers Meeting (APEC EMM15) in Busan, South Korea, reaffirming the country’s commitment to net-zero greenhouse gas emissions by 2050 and its role in regional energy cooperation.

Oriental Holdings Posts Net Loss Of RM59.67 Mln In 2Q

KUALA LUMPUR, Aug 21 (Bernama) -- Oriental Holdings Bhd recorded a net loss of RM59.67 million in the second quarter ended June 30, 2025 (2Q 2025) from a net profit of RM38.19 million in 2Q 2024.

Bursa Malaysia Outperforms Regional Peers, Ends Week At Intraday High

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment.

Bursa Malaysia Edges Up In Morning Session Amid Regional Gains

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia ended the morning session slightly higher on Thursday, reflecting resilience amid upbeat regional performance, despite pressure from escalating global trade tensions.

Dialight Set To Inaugurate Penang Facility, Powering APAC Growth

KUALA LUMPUR, Aug 5 (Bernama) -- Dialight, a global leader in industrial LED lighting and opto-electronic LED technology, has announced the official inauguration of its new manufacturing facility in Penang, taking place on Aug 12.

Malaysia's Successful Tariff Negotiation Seen As Strategic Step Forward -- Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.

PT Bank CIMB Niaga Reports Consolidated Pre-Tax Profit Of IDR4.4 Trillion In 1H2025

KUALA LUMPUR, July 30 (Bernama) -- PT Bank CIMB Niaga Tbk has reported an unaudited consolidated pre-tax profit of IDR4.4 trillion in the first half of 2025 ended June 30, 2025 (1H2025), translating to an earnings per share of IDR137.43

Bursa Pares Gains To Close Lower On Cautious Sentiment Ahead Of US Tariff Deadline

By Danni Haizal Danial Donald

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared earlier gains to close lower on Monday, as investors adopted a more cautious posture ahead of the US tariff negotiation deadline on Aug 1.

220 Felda Entrepreneurs To Join Mega 3D Carnival

KUALA LUMPUR, July 26 (Bernama) -- A total of 220 entrepreneurs from the Federal Land Development Authority (Felda) will take part in the Mega 3 Dimensional Carnival (MK3D) from July 30 to August 3 at the Malaysia International Trade and Exhibition Centre (MITEC) here.

Eton Solutions, Asas Capital Launch Middle East’s First "Family Office As A Service" Platform

KUALA LUMPUR, July 23 (Bernama) -- Eton Solutions, a global WealthTech leader, has partnered exclusively with United Arab Emirates (UAE)-based Asas Capital to launch the Middle East’s first “Family Office as a Service” platform.