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TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.

Ringgit Depreciates Against US Dollar On Stronger US Dollar Index

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- The ringgit ended lower against the US dollar today due to a stronger US Dollar Index (DXY) after the Moody’s Ratings downgrade.

Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity

KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.

Press Metal's 1Q Net Profit Rises 13.2 Pct To RM461.76 Mln

KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.

Anwar Outlines Bold ASEAN Vision With Economic Integration, Regional Power Grid Initiative

PUTRAJAYA, May 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today outlined a bold strategic vision for ASEAN’s next phase of growth, emphasising stronger economic integration, trade expansion and cross-border energy connectivity as key pillars under Malaysia’s ASEAN chairmanship this year.

Synology Targets Stronger Brand Presence Among Malaysian Businesses

From Rosemarie Khoo Mohd Sani

TAIPEI, May 21 (Bernama) -- Synology Inc, a Taiwan-based data management technology provider, is ramping up efforts to increase its brand presence among businesses in Malaysia, which currently account for nearly 70 per cent of its overall customer base.

Petronas Chemicals Shares Slip 4.57 Pct On Weaker 1Q2025 Earnings

KUALA LUMPUR, May 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares slipped by 4.57 per cent in early trading today after reporting weaker earnings for the first quarter ended March 31, 2025 (1Q2025).

Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB

KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.

Ringgit Opens Higher Against Greenback On Weaker US Economic Outlook, Tariff Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.

CPO Futures End Higher On Stronger Export Performance

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, backed by stronger export performance, said palm oil trader David Ng.

Aeon Profit Rises 18 Pct To RM68.1 Mln In 1Q

KUALA LUMPUR, May 20 (Bernama) -- Aeon Co (M) Bhd’s net profit for the first quarter (1Q) of 2025 rose 18 per cent to RM68.10 million from RM57.39 million a year earlier, supported by seasonal spending uplift from the double festive celebrations within the quarter.

Bursa Malaysia Ends Mixed

By Siti Radziah Hamzah

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia closed mixed today amid the absence of fresh leads.