ASEAN Must Enhance Internal Cohesion, Diversify Partnerships Amid Global Challenges

KOTA TINGGI, Feb 28 (Bernama) -- ASEAN needs to enhance internal cohesion and diversify its external partnerships to face global economic headwinds, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

LyondellBasell, Sipchem Secure Feedstock Allocation For Joint Saudi Project 

KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.

Mah Sing's Net Profit Rises To RM240.75 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.

Mavenir Powers O2 Telefónica's Transition To Cloud-Native IMS

KUALA LUMPUR, Feb 27 (Bernama) -- Mavenir has announced the extension of its long-term partnership with Telefónica, signing a new five-year contract to transition O2 Telefónica Germany from Mavenir’s virtualised IMS (vIMS) to Cloud-Native IMS solution.

IOI Properties 2Q Net Profit Slips To RM94.78 Mln

KUALA LUMPUR, Feb 26 (Bernama) --  IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Gambus Replica, Kain Benang Johor Presented As Souvenirs For ASEAN Delegates

JOHOR BAHRU, Feb 26 (Bernama) -- Delegates at the 31st ASEAN Economic Ministers’ Retreat (AEM), in Desaru, Kota Tinggi, will receive exclusive souvenirs featuring a replica of gambus, a traditional musical instrument, and Kain Benang Johor fabric.

EPF 2024 Dividend Rate To Range From 6.0 Pct-6.2 Pct - Analyst

By Karina Imran

KUALA LUMPUR, Feb 26 (Bernama) -- The Employees Provident Fund (EPF) is projected to announce a dividend rate of between 6.0 per cent and 6.2 per cent for 2024, supported by robust global and domestic economic conditions, said an analyst. 

HLTF-EI Discusses End-term Review Of AEC Blueprint 2025 -- MITI Sec-gen

KOTA TINGGI, Feb 25 (Bernama) -- The End-Term Review of the ASEAN Economic Community (AEC) Blueprint 2025 was among the matters discussed at the The 47th High-Level Task Force on ASEAN Economic Integration (HLTF-EI).

Bintulu Port Holdings Pays Tribute To Media For Highlighting Achievements

KUCHING, Feb 24 (Bernama) -- Bintulu Port Holdings Berhad (BPHB) paid tribute to the media, which had been giving their unwavering support and cooperation in promoting its initiatives and highlighting its achievements throughout last year.

Malaysia Must Accelerate Productivity Growth To Keep Pace With Peers – Tengku Zafrul

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s productivity has shown growth, but not at a fast enough pace, especially when compared to other economies that were once at a similar level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

EPF Buys MAHB Shares At RM11 To Ensure Higher Relisting Price – Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- The Employees Provident Fund’s (EPF) move to buy Malaysia Airports Holdings Bhd’s (MAHB) shares at RM11 per unit is aimed at positioning the company for a future relisting at a higher valuation.