Bursa Malaysia Ends Mixed

By Siti Radziah Hamzah

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

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.

Keyfield International Cautiously Optimistic For FY2025 Amid Macroeconomic Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.

Anwar-Putin Camaraderie Seen As Strategic, Mutually Rewarding In A Polarised Global Landscape

By M. Saraswathi

KUALA LUMPUR, May 17 (Bernama) -- Datuk Seri Anwar Ibrahim’s just-ended official visit to Russia, with the highlight being the obviously cordial welcome accorded by President Vladimir Putin to the Prime Minister, certainly sends a powerful message and shows commitment at the highest levels to strengthen bilateral ties between Malaysia and Russia.

Hextar's Associate Company Wins RM427.50 Mln Contract

KUALA LUMPUR, May 16 (Bernama) -- Hextar Capital Bhd’s (HCB) associate company Transgrid Ventures Sdn Bhd (TGV) has won a RM427.50 million Tenaga Nasional Bhd (TNB) contract to establish a transmission main intake (PMU) 500/275 kilovolt (kV) gas-insulated substation (GIS) in Gurun East, Kedah.

Pekat Group Subsidiary Bags RM135.24 Mln Contract From TNB

KUALA LUMPUR, May 16 (Bernama) -- Pekat Group Bhd’s indirect 60 per cent-owned subsidiary, EPE Switchgear (M) Sdn Bhd, has received a letter of award from Tenaga Nasional Bhd for the supply, installation, testing, and commissioning of distribution networks with a contract value at RM135.24 million.

MCi Debuts Track Platform In Qatar, Marking Middle East Entry

KUALA LUMPUR, May 16 (Bernama) -- Management Controls Inc (MCi), the leader in contractor data and cost management, has expanded its global presence with the launch of its Track Platform in Qatar.

Malaysian Economy Expands 4.4 Pct In 1Q, Anchored By Household Spending

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.

PM Anwar Says Tatarstan Has Enormous Potential, Ready To Develop Ties With It

KAZAN (Tatarstan) May 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the Republic of Tatarstan has enormous potential and that Malaysia is ready to discuss trade and economic issues with it, such as Islamic banking and the halal industry in Kazan, the capital of the republic.

First World Gas Conference In China To Spotlight Energy Future 

KUALA LUMPUR, May 15 (Bernama) -- The 29th World Gas Conference (WGC2025) will take place from May 19 to 23 at the National Convention Center in Beijing, marking the first time the flagship event is hosted in China since its inception in 1931, underscoring China’s rising influence in global energy dialogue.

UOB Malaysia Partners With Bursa Malaysia To Support SMEs Sustainability Efforts

KUALA LUMPUR, May 15 (Bernama) -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has partnered with Bursa Malaysia Bhd to support small and medium enterprises (SMEs) in adopting sustainable practices and advancing their decarbonisation journey.