1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is expected to sustain strong passenger traffic growth in 2024-2025, supported by rising demand from key markets such as China, India, and Southeast Asia.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd, en route to a listing on Bursa Malaysia’s Ace Market on Dec 19, 2024, aims to raise RM19.79 million through its initial public offering (IPO).
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia is currently leading the region's initial public offering (IPO) market, with increasing participation from both institutional and retail investors, reflecting growing interest in capital markets.
1y ago
KUALA LUMPUR, Nov 24 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has successfully assisted 612,692 entrepreneurs with financing worth RM6.45 billion from January to September 2024.
1y ago
LABUAN, Nov 23 (Bernama) -- The entrepreneurial spirit in Labuan is flourishing as local food businesses continue to dominate, thanks to support from the National Information Dissemination Centre (NADI).
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Solarvest Holdings Bhd’s wholly-owned subsidiary Atlantic Blue Sdn Bhd has bagged a conditional letter of award involving design, engineering, procurement, construction and commissioning (EPCC contract) from SM01 Sdn Bhd worth RM142 million.
1y ago
KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia Bhd is optimistic about the outlook for 2025, citing a robust pipeline of initial public offerings (IPOs) and an active capital market, said chairman Tan Sri Abdul Wahid Omar.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.