1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Cement Bhd reported a higher net profit for the first quarter ended Sept 30, 2024 (1Q FY2025), increasing to RM139.44 million, compared to RM96.10 million in the same period in 2023.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Mechanical and electrical (M&E) engineering service provider CBH Engineering Holding Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.
1y ago
KUALA LUMPUR, Nov 23 (Bernama) -- Google has applauded Malaysia’s approach to building artificial intelligence (AI) infrastructure under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, with the technology giant investing US$2 billion in the country.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) increased to RM46.47 million from RM35.01 million in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 20 (Bernama) -- IAQ Solutions Sdn Bhd received the ‘Builder of the Year’ Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024, in recognition of the Robert Bosch testing manufacturing plant project.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia closed lower today dragged by continued selling in selected heavyweights, led by the financial services and utilities sectors, amid a mixed performance in regional peers.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Binastra Corporation Bhd’s shares on Bursa Malaysia rose by two sen to RM1.55 per share after its wholly owned subsidiary, Binastra Builders Sdn Bhd secured a contract from Exsim Jalil Link Sdn Bhd.