Wellous, Korea Ginseng Corporation Ink Partnership To Drive Health, Wellness Growth In Asia

KUALA LUMPUR, Sept 8 (Bernama) -- Wellous Sdn Bhd, owner of Malaysian health brand Wellous, has signed a memorandum of understanding (MoU) with Korea Ginseng Corporation (KGC) to explore joint commercial models and market development for the Jung Kwan Jang brand across selected Asian markets.

WTK Plans To Acquire 3 Companies In RM555 Mln Oil Palm Expansion Plan

KUALA LUMPUR, Sept 4 (Bernama) -- WTK Holdings Bhd and its wholly-owned subsidiary, BioPalm Venture Sdn Bhd, are mulling several acquisitions worth RM555 million.

MSP Sports Capital Exits McLaren Racing After Pivotal Role In F1 Team's Revival

KUALA LUMPUR, Sept 3 (Bernama) -- MSP Sports Capital, a New York-based private investment firm, has confirmed the sale of its equity interest in McLaren Racing, including its Formula 1 (F1) Team, to McLaren Group Limited.

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Fadillah To Lead Malaysia At APEC Energy Ministers Meeting In Busan

From Harizah Hanim Mohamed

BUSAN, Aug 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof will lead Malaysia’s delegation to the 15th APEC Energy Ministers Meeting (APEC EMM15) in Busan, South Korea, reaffirming the country’s commitment to net-zero greenhouse gas emissions by 2050 and its role in regional energy cooperation.

Oriental Holdings Posts Net Loss Of RM59.67 Mln In 2Q

KUALA LUMPUR, Aug 21 (Bernama) -- Oriental Holdings Bhd recorded a net loss of RM59.67 million in the second quarter ended June 30, 2025 (2Q 2025) from a net profit of RM38.19 million in 2Q 2024.

Bursa Malaysia Outperforms Regional Peers, Ends Week At Intraday High

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment.

Bursa Malaysia Edges Up In Morning Session Amid Regional Gains

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia ended the morning session slightly higher on Thursday, reflecting resilience amid upbeat regional performance, despite pressure from escalating global trade tensions.

Dialight Set To Inaugurate Penang Facility, Powering APAC Growth

KUALA LUMPUR, Aug 5 (Bernama) -- Dialight, a global leader in industrial LED lighting and opto-electronic LED technology, has announced the official inauguration of its new manufacturing facility in Penang, taking place on Aug 12.

Malaysia's Successful Tariff Negotiation Seen As Strategic Step Forward -- Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.

PT Bank CIMB Niaga Reports Consolidated Pre-Tax Profit Of IDR4.4 Trillion In 1H2025

KUALA LUMPUR, July 30 (Bernama) -- PT Bank CIMB Niaga Tbk has reported an unaudited consolidated pre-tax profit of IDR4.4 trillion in the first half of 2025 ended June 30, 2025 (1H2025), translating to an earnings per share of IDR137.43