EON Bhd Targets To Sell More Than 12,000 Vehicles In 2025

SHAH ALAM, Aug 8 (Bernama) – Edaran Otomobil Nasional (EON) Bhd has targeted to sell more than 12,000 vehicles this year.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Bursa Malaysia Opens Higher, Tracks Regional Gains

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia rebounded from Monday’s losses to open higher on Tuesday, tracking regional gains as investors remained optimistic about a potential United States Federal Reserve (Fed) interest rate cut next month.

Bursa Malaysia To Trade Higher Next Week On US Rate Cut, Upcoming 13MP Debate

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.

Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln

KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.

13MP Will Reinforce National Efforts To Develop High-Value Economic Sectors - Alliance Bank

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is optimistic that the 13th Malaysia Plan (13MP), to be tabled on Thursday, will reinforce national efforts to develop high-value economic sectors and provide a conducive environment for the banking sector's expansion.

Alliance Bank Cautiously Optimistic On FY2026 Performance - Group CEO

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is cautiously optimistic of its financial performance ending March 31, 2026 (FY2026) amid economic headwinds, said group chief executive officer Kellee Kam.

Bursa Malaysia Shares Slip In Early Trade Due To Lower 2Q Performance

KUALA LUMPUR, July 30 (Bernama) -- Stock exchange company Bursa Malaysia Bhd shares slip in early trade following a lower business performance recorded in the second quarter ended June 30, 2025 (2Q 2025).

IGB REIT Net Profit Rises To RM92.51 Mln In Second Quarter On Higher Rental Income

KUALA LUMPUR, July 29 (Bernama) -- IGB Real Estate Investment Trust’s net profit rose to RM92.51 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM81.55 million in the same period a year ago.

Revised GDP Growth Forecast Reflects Malaysia’s Economic Realities -- Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, July 28 (Bernama) – The revised projection for Malaysia’s GDP growth in 2025 by Bank Negara Malaysia (BNM) is a realistic forecast that aligns with the economy’s underlying growth potential, said economist Professor Geoffrey Williams.

Pet Food Supply In Malaysia Stable Despite Thai-Cambodia Tensions

KUALA LUMPUR, July 28 (Bernama) -- The ongoing tension between Thailand and Cambodia is unlikely to disrupt the supply of tuna-based pet food in Malaysia for now, although some industry players have raised concerns over rising costs and potential logistical challenges if the situation escalates.

Oriental Interest's Net Profit Rises To RM45.484 Mln In 3Q

KUALA LUMPUR, July 24 (Bernama) -- Oriental Interest Bhd’s net profit rose to RM45.484 million for its third quarter ended May 31, 2025 (3QF2025), from RM25.233 million a year earlier.