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KUALA LUMPUR, May 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) today confirmed that its subsidiary, PETRONAS Carigali Sdn Bhd (PCSB), received notices on April 30, 2025, from the Sarawak Ministry of Utility and Telecommunication concerning gas processing and distribution.
KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.
From Kisho Kumari Sucedaram
BEIJING, May 2 (Bernama) -- The volume of China’s durian imports from Malaysia is expected to increase by between 15 and 20 per cent this year, driven by sustained consumer demand despite recent weather-related challenges in Malaysia, according to the Malaysia Chamber of Commerce and Industry in China (MayCham).
KUALA LUMPUR, April 30 (Bernama) -- Malaysia's halal product exports reached RM61.79 billion in 2024, marking a 15 per cent increase from RM53.72 billion recorded in the same period of 2023, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 30 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) has emerged as a key enabler of the nation’s innovation and digital transformation agenda, with more than RM13 billion channelled into over 1,000 high-impact, technology-driven projects.
KUALA LUMPUR, April 30 (Bernama) -- Denodo, a leader in data management, announced that Chinese automotive manufacturer Seres is using the Denodo Platform to accelerate, simplify, and expand access to operational data, including data from smart factories, as well as data for application development.
KUALA LUMPUR, April 30 (Bernama) -- Today marked the end of Nik Mohamed Din Nik Musa’s tenure as Labuan Financial Services Authority (Labuan FSA) director-general, leaving behind a legacy defined by resilience, regulatory transformation, and strategic recalibration during one of the most difficult chapters in Labuan’s financial history.
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, April 29 (Bernama) -- Kelantan’s transformation into an emerging industrial hub continues to gain momentum as the East Coast Economic Region Development Council (ECERDC) secures RM1.21 billion in realised investments, driven primarily by the manufacturing sector.
KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.
KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.
