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Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.

Global Passenger Demand Up 7.1 Pct In October 2024 - IATA

KUALA LUMPUR, Dec 4 (Bernama) -- Total global passenger demand, measured in revenue passenger kilometres, was up 7.1 per cent in October 2024 compared to the same month last year, said the International Air Transport Association (IATA).

NIQ CMO Outlook Report: AI Reshaping Marketing Strategies For 2025

KUALA LUMPUR, Dec 4 (Bernama) -- NIQ, a consumer intelligence company, has recently released its annual CMO Outlook report, shedding light on the evolving priorities and concerns of senior marketing leaders around the world.

VS Industry Net Profit Declines To RM30.6 Mln In 1Q FY2025

KUALA LUMPUR, Dec 3 (Bernama) -- VS Industry Bhd, an integrated electronics manufacturing services provider, posted a lower net profit of RM30.6 million in the first quarter ended Oct 31, 2024 (1Q FY2025), as compared with RM48.98 million registered in the same period a year ago.

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.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

Capitaland Malaysia Trust To Acquire Elmina Logistics Hub For RM180 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire a freehold automated logistics property from PTT Logistics Hub 1 Sdn Bhd for RM180 million.

FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.

Sapura Energy Chairman, Group CEO To Step Down

KUALA LUMPUR, Nov 29 (Bernama) -- Sapura Energy Bhd’s chairman, Datuk Mohammad Azlan Abdullah, and group chief executive officer (CEO) Datuk Mohd Anuar Taib, will be leaving their positions in the fourth quarter of the current financial year ending Jan 31, 2025 (4Q FY2025).

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

TNB Net Profit Almost Doubles To RM1.58 Bln In 3Q Amid Higher Electricity Sales

KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.