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KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.
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KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended the morning session lower, in line with regional peers on caution over US tariffs.
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KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.
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KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).
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KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
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KUALA LUMPUR, Feb 18 (Bernama) -- Malaysia will continue to take proactive steps to ensure the country’s economic and trade interests remain strong on the global stage, according to the Ministry of Foreign Affairs.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 17 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, pressured by weaker signals from regional futures markets amid ongoing concerns over increased United States (US) trade tariffs, said a dealer.
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KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs.
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KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.
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By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
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PUTRAJAYA, Feb 14 (Bernama) -- Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.
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By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.