Nestle Shares Soar Despite Reporting Lower 1Q Net Profit
KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
| LATEST NEWS | Sum Technology debuts at 40 sen on the Bursa ACE Market, a 12-sen premium to its 28-sen IPO price, with 36.59 mln shares traded | |
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Nestlé’s 1Q 2025 Net Profit Falls To RM161.34 Mln, Revenue Slips To RM1.77 Bln
KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
Malaysia Inflation May Rebound After March Slowdown -- Moody's Analytics
SINGAPORE, April 24 (Bernama) -- Malaysia's headline inflation is expected to tick up in the latter half of the year, following its lowest reading in more than four years in March, according to Moody’s Analytics.
IMF Cuts Malaysia 2025 GDP To 4.1 Pct On Regional Slowdown
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
US Tariff Does Not Significantly Disrupt Palm Oil Export Commodity Prices - Deputy Minister
TAWAU, April 10 (Bernama) -- The new tariff rates proposed by the United States for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.
BNM: Inflation Likely To Trend At Manageable Level Of 2.0-3.5 Percent In 2025
KUALA LUMPUR, March 24 (Bernama) -- Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM).
SME Bank Projects Malaysia’s Growth At 4.5-5.0 Pct For 2025
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
OPR Decision Expected, Current Policy Stance Supports Economic Growth - MIDF, RHB IB
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.00 per cent during the March 2025 monetary policy meeting is broadly expected, emphasising the current conducive policy stance to sustain economic growth.
OPR Aligns With Malaysia's Economic Prospects — BNM Governor
KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:
BNM Maintains OPR At 3.0 Pct
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
CPO Futures Expected To Trade Between RM4,000-RM4,600 A Tonne Until March 31 - Industry Expert
KUALA LUMPUR, Feb 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) is expected to trade between RM4,000 per tonne and RM4,600 per tonne from now until March 31, 2025.
Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.