Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Malaysia Airlines Resumes Direct Flight From Kuala Lumpur To Brisbane

KUALA LUMPUR, Nov 30 (Bernama) -- Malaysia Airlines Bhd has resumed its direct flights from KL International Airport (KUL) to Brisbane Airport (BNE), with the inaugural flight MH135 departing Kuala Lumpur on Nov 29, reinstating this key connection to meet growing travel demand.

SMJ Energy Acquires 20 Pct Stake In North Sabah Production Sharing Contract

KOTA KINABALU, Nov 29 (Bernama) -- Sabah is poised to secure a bigger share in oil and gas resources following state-owned SMJ Energy's (SMJE) acquisition of a 20 per cent non-operating participating interest in the North Sabah enhanced oil recovery production sharing contract (EOR PSC).

RKB Initiative Transforms SME Experience By Cutting Red Tape, Boosting Efficiency

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s Bureaucratic Red Tape Reform (RKB) initiative is changing the narrative for many small and medium enterprises (SMEs), especially those in the aerospace industry, who previously had to deal with bureaucratic obstacles that felt like navigating a maze, including lengthy approvals, repeated paperwork, and unpredictable delays.

Moody’s Upgrades Malaysia’s Power Sector Outlook To Positive

KUALA LUMPUR, Nov 28 (Bernama) -- Moody’s Ratings has revised its outlook on Malaysia’s A3-rated power sector to positive from stable, citing the implementation of a new tariff mechanism that enables more timely and effective fuel cost adjustments.

CIMB Group 3Q Net Profit Rises To RM2.08 Bln, Declares Special Dividend Of Seven Sen

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.

More Bumiputera Businesses Should Tap Into High-value Sectors, Says Deputy Minister

KUALA LUMPUR, Nov 27 (Bernama) -- The government hopes to see greater participation from the Bumiputera business community in high-value sectors such as digital technology and green innovation.

YTL Corp, YTL Power, Malayan Cement Rake In Higher Net Profit In 1Q FY2026

KUALA LUMPUR, Nov 27 (Bernama) -- YTL Corporation Bhd's (YTL Corp) net profit rose to RM346.48 million in the first quarter ended Sept 30, 2025 (1Q FY2026) from RM333.71 million in the same period a year ago.

Hong Leong Bank 1Q Net Profit Up Slightly To RM1.09 Bln

KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.

EPIC Group Scores At HRD Awards 2025, Platinum Recognition At IMPEC 2025

KUALA LUMPUR, Nov 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) celebrated another remarkable achievement last night, securing three accolades at the HRD Awards 2025 Gala Dinner in recognition of its progressive human capital development initiatives.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Proton Sourced RM3.2 Bln Worth Of Parts, Components From Local Vendors This Year – Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Proton Holdings Bhd sourced RM3.2 billion worth of parts and components from local vendors this year alone, underscoring its commitment to a localised supply chain that will continue to grow in scale and value.