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Maybank Asset Management Partners With Fidelity International To Launch Multi-Asset Fund

KUALA LUMPUR, Nov 29 (Bernama) -- Maybank Asset Management Sdn Bhd (MAM Malaysia) has launched the MAMG Alpha Capital & Income Opportunities Fund to enhance diversification and deliver both income and capital growth. 

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.

Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.

AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.

TM Seen As Among Beneficiaries Of Booming It Market

KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.

MAHB To Sustain Strong Passenger Growth In 2024-2025 -- Analysts

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is expected to sustain strong passenger traffic growth in 2024-2025, supported by rising demand from key markets such as China, India, and Southeast Asia.

MBSB Posts Higher 3Q Net Profit Of RM122.08 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a higher net profit of RM122.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM32.84 million in the same period last year.

“Abraj Omar”: Luxurious Sanctuary Fusing Refinement, Spirituality In The Heart Of Makkah

KUALA LUMPUR, Nov 26 (Bernama) -- Alesayi Holding, represented by its real estate sector, has launched its luxurious project, "Abraj Omar Hotel & Residences by MGallery", a development redefining upscale hospitality located just steps away from the Holy Kaaba at Cityscape 2024.

Malaysia-South Korea FTA Will Be Finalised Next Year - PM Anwar 

SEOUL, Nov 25 (Bernama) --  The Malaysia-Korea Free Trade Agreement (FTA) will be finalised next year, with both countries committed to speeding up any stalled negotiations. 

PPP Eases Government Burden, Enhances Efficiency And Productivity

KUALA LUMPUR, Nov 24 (Bernama) -- Public-private partnerships (PPPs) can alleviate the government's burden in national development while enhancing efficiency, productivity and accelerating the country's growth.

Rubber Market To Edge Upward Amid Northeast Monsoon Impact - Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.

Oil And Gas Exploration Vital For Decarbonisation Despite Investment Decline

KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade,  but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.