Wasco Posts RM11.10 Mln Net Profit In 1Q
KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.
KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.
KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.
KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.
KUALA LUMPUR, May 19 (Bernama) -- Petronas Gas Bhd (PGB) posted a lower net profit of RM438.68 million in the first quarter (1Q) ended March 31, 2026, down from RM468.79 million in the same period last year, in line with lower gross profit, coupled with lower profit generated from fund investments.
KUALA LUMPUR, May 18 (Bernama) -- Sunway Construction Group Bhd's net profit for the first quarter ended March 31, 2026 (1Q FY2026) surged by 56 per cent to RM118.41 million compared with RM75.71 million in the same quarter last year, underpinned by higher contributions from all operating segments.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 18 (Bernama) -- Bursa Malaysia ended at its intraday low on Monday, in line with the broader regional risk-off tone as selling pressure spread across key index heavyweights, dragging all major indices into negative territory amid cautious regional sentiment and softer global risk appetite.
KUALA LUMPUR, May 18 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its 2026 gross domestic product growth forecast at 4.6 per cent year-on-year (y-o-y), with domestic demand still anchoring the expansion.
KUALA LUMPUR, May 18 (Bernama) -- Malaysia is well-positioned to benefit from the ongoing global supply chain restructuring as multinational corporations continue diversifying operations beyond China and Taiwan amid persistent geopolitical tensions, according to Apex Securities Bhd.
From Nor Baizura Basri
KAZAN (Russia), May 17 (Bernama) -- Bauman Street in Kazan, known as the city’s main pedestrian and social hub, was bustling with activity as friends and families spent time together, with buskers adding to the lively atmosphere.
KUALA LUMPUR, May 16 (Bernama) -- The MADANI government’s microfinancing initiatives strengthen Malaysia’s economic resilience during periods of geopolitical uncertainty by preserving liquidity and supporting domestic economic activity, particularly among small and medium-sized enterprises (SMEs).
KUALA LUMPUR, May 15 (Bernama) -- Bank Negara Malaysia (BNM) has already priced in potential scenarios from the ongoing West Asia conflict into its 2026 growth and inflation forecasts, Governor Datuk Seri Abdul Rasheed Ghaffour said today.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict.