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AEON Credit Posts Lower Net Profit Of RM370.61 Mln In FY2025

KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024. 

BNM: Export-oriented ASEAN SMEs Stand To Lose US$237.5 Bln In Revenue Without Sustainable Practices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.

Panasonic Estimates 3 Pct Revenue Loss From Gas Supply Disruption Due To Putra Heights Fire

KUALA LUMPUR, April 8 (Bernama) -- Panasonic Manufacturing Malaysia Bhd (PMMA) said that the gas supply disruption resulting from the Putra Heights fire is expected to impact the production of its fan and electric iron products, resulting in an estimated loss of revenue of approximately three per cent.

Local Rubber Market Ends Lower Again In Tandem With Regional Peers

KUALA LUMPUR, April 8 (Bernama) -- The Malaysian rubber market continued to close lower on Tuesday, tracking its regional peers’ downward momentum, as global sentiment was ruled by worries over the United States (US) tariff decision and escalating trade war, a dealer said.

FBM KLCI Ends Almost Flat On Cautious Sentiment

By Anas Abu Hassan

KUALA LUMPUR, April 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) erased earlier gains to close marginally lower on Tuesday as mild bargain hunting activities were offset by cautious mode over ongoing global uncertainties.

Malaysia To Send Officials To Washington To Discuss Tariffs End April

By M.Saraswathi and Zufazlin Baharuddin

KUALA LUMPUR, April 8 (Bernama) -- Putrajaya will be despatching its officials to Washington to begin the process of dialogue with the United States on the 24 per cent reciprocal tariffs imposed on Malaysia,  Prime Minister, Datuk Seri Anwar Ibrahim said today.

Cargill Snags Five 2025 Edison Awards For Innovations In Food And Agriculture

KUALA LUMPUR, April 8 (Bernama) -- Cargill has received five prestigious Edison Awards for its groundbreaking advancements in food and agriculture.

China, Japan, South Korea Meet In Kuala Lumpur, Likely To Discuss US Tariffs, Countermeasures

KUALA LUMPUR, April 8 (Bernama) -- China, Japan and South Korea, which have signalled alliances since the announcement of sweeping US tariffs, held their second trilateral meeting in just eight days after their first engagement this year, reflecting the urgency as Washington’s move has caused ripple effects globally.

Local Rubber Market Ends Lower In Line With Regional Peers

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, dragged down by the losses in the regional rubber markets and decline in benchmark crude oil prices, a dealer sai

Malaysia Seeks US Clarity On 24 Pct Tariff -- Tengku Zafrul

KUALA LUMPUR, April 7 (Bernama) -- Malaysia is seeking clarification from the United States (US) over the 24 per cent retaliatory tariff announced by US President Donald Trump, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Anwar’s Call For No Retaliatory Tariff A Wise Move -- Rais Hussin

KUALA LUMPUR, April 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for no retaliatory tariff following the United States (US) new tariff hike may prove as a wiser move, said EMIR Research founder Datuk Dr Rais Hussin.

US Tariffs Expected To Have Direct Impact On Malaysia's GDP -- Tengku Zafrul

KUALA LUMPUR, April 7 (Bernama) -- The implementation of tariffs by the United States (US) is expected to have a direct impact on Malaysia’s gross domestic product (GDP), thus presenting challenges to the country's economic growth for this year and possibly for years to come.