ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.
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Top Glove Returns To The Black, Posting A Net Profit Of RM5.47 Mln In 1Q FY2025
KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.
Banking Sector Thriving In 2024, Sees Major Acquisitions
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
MRI-Simmons Joins Truthset Data Collective To Reaffirm Data Accuracy, Transparency
KUALA LUMPUR, Dec 18 (Bernama) -- MRI-Simmons, a provider of insights on the American consumer, has joined the Truthset Data Collective, a group of data providers uniting to ensure the highest degree of accuracy and quality for the marketing industry.
Hong Kong-Taipei Is 2024 World's Busiest International Airline Route, says OAG
KUALA LUMPUR, Dec 18 (Bernama) -- The Hong Kong (HKG) to Taipei (TPE) route has been revealed as the world’s busiest international route in 2024, according to a latest analysis by OAG.
TEMENOS SELECTED TO MODERNISE AHAM CAPITAL'S FUND ACCOUNTING PLATFORM IN MALAYSIA
KUALA LUMPUR, Dec 18 (Bernama) -- Temenos, an open platform for banking, announced that AHAM Capital has selected its Multifonds Global Accounting, delivered as Software as a Service (SaaS) to drive scalable automation and future growth in the Malaysian market.
EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership
KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.
AM Best Affirms Petrolimex Insurance Ratings With Stable Outlook
KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).
BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
Bursa Malaysia Marginally Lower At Midday
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia ended the morning session slightly lower due to profit-taking in industrial products, services as well as consumer products stocks, along with mixed performances from regional peers.
Koprojaya Focusing On Strategic Investments To Sustain Its Future
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 3 (Bernama) -- Koperasi Profesional Putrajaya Bhd (Koprojaya), a cooperative for young civil servants, is focusing on strategic investments to sustain its future, as well as providing investment benefits and attractive business opportunities to its members.
Malaysia To Use Soft Power Diplomacy Amid Possible Economic Changes With Trump's Return
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.