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Evercore Appoints Ben Hart As Senior Managing Director, Head Of Asia PCA

KUALA LUMPUR, Feb 24 (Bernama) -- Evercore, a global independent investment banking advisory firm, has appointed Ben Hart as senior managing director and head of its Asia Private Capital Advisory (PCA) division.

Petronas Dagangan FY2025 Net Profit Rises To RM1.10 Bln, Declares 112 Sen Total Dividend

KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit for the financial year ended Dec 31, 2025 (FY2025) edged up to RM1.10 billion from RM1.09 billion a year earlier.

Uni-Fuels Expands Into Thailand With Bangkok Office

KUALA LUMPUR, Feb 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels (Thailand) Co Ltd (Uni-Fuels Thailand), strengthening its global supply and operations network.

Tropicana, Signature, EDCA Energy In Tie-up To Enhance Sustainable Home Ownership

PETALING JAYA, Feb 24 (Bernama) -- Tropicana Corporation Bhd inked a strategic partnership with Signature Distribution Sdn Bhd and EDCA Sdn Bhd (EDCA Energy) to advance sustainable practices and green building excellence and enhance home ownership experience at Avisa Residences.

AG Report: 24 Subsidiaries of Five Federal Agencies Record Losses For Three Consecutive Years

KUALA LUMPUR, Feb 23 (Bernama) --  A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.

Various Measures To Improve Revenue Are Being Implemented -- MOF

KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).

EPIC OG, Begas Energy Ink Deal For Sabah Terminal Project

KOTA KINABALU, Feb 23 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a company linked to the Terengganu government, has established a strategic partnership with Begas Energy Sdn Bhd, based in Sabah, through its subsidiary, EPIC OG Sdn Bhd.

Bursa Malaysia Ends Higher, Extends Gains On Improving Sentiment After US Tariff Update

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 23 (Bernama) -- Bursa Malaysia ended the first trading day of the week higher, maintaining its momentum from last week amid improving investor sentiment following the latest United States tariff announcements.

Audit Shows 145 Govt-owned Firms Paid Dividends Totalling RM77.74 Bln In 2023

KUALA LUMPUR, Feb 23 (Bernama) -- A total of 145 companies limited by shares (CLBS) had made a total dividend payment of RM77.735 billion to shareholders in 2023.

APAC Companies Recognised In Best Places To Work Certification 2025

KUALA LUMPUR, Feb 23 (Bernama) -- The Best Places to Work Certification Program has recognised 15 companies across the Asia-Pacific (APAC) region for their workplace cultures, strong employee engagement, and innovative human resources (HR) practices.

Maybank’s 4Q 2025 Earnings To Rise 11.9 Pct on Stronger Non-Interest Income - CIMB Securities 

KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Securities Sdn Bhd expects Malayan Banking Bhd’s (Maybank) core net profit for the fourth quarter of 2025 (4Q 2025) to rise 11.9 per cent year-on-year, driven by a more favourable outlook for non-interest income (NOII).

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year.