Top Glove Net Loss Narrows To RM61.81 Mln In FY2024
KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.
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RHB Bank Net Interest Margin Seen Higher In Third Quarter
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.
Leader Energy Secures Over US$100 Mln Investment From CAF II
KUALA LUMPUR, Oct 9 (Bernama) -- Telecommunication and power manufacturer, Leader Energy Group Bhd has secured over US$100 million (US$1=RM4.28) investment from China-ASEAN Investment Cooperation Fund II (CAF II).
3REN Bhd Expands Operations, R&D And Market Presence With Upcoming IPO - MTDC
KUALA LUMPUR, Oct 9 (Bernama) -- 3REN Bhd’s initial public offering (IPO) will enable the group to expand its operations, enhance its research and development capabilities, and strengthen its presence in key markets, said Malaysian Technology Development Corporation (MTDC).
Malaysia’s Strategy As ASEAN Chair In 2025 Is For Grouping To Bolster Regional Value Chains
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 9 (Bernama) -- Malaysia has outlined three strategies for ASEAN when it takes over the grouping’s chairmanship in 2025, including bolstering regional value chains and regulatory cooperation.
ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.
ITMAX Shares Up After Securing Smart Parking Operation Contract
KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.
Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO
KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.
Malaysia Will Voice Its Views Without Fear Or Favour Despite Superpower Membership In BRICS
By Siti Radziah Hamzah and Anas Abu Hassan
KUALA LUMPUR, Oct 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim says Malaysia will continue to voice its views on global issues strongly and without fear or favour if and when it joins the BRICS group of emerging economies whose founding members include Russia and China.
ASEAN Should Focus On High-impact 'quick Wins' To Provide Tangible Business Values - Tengku Zafrul
From Rosmalis Anuar
VIENTIANE, Oct 7 (Bernama) — ASEAN should focus on high-impact “quick wins” that are practical and capable of providing immediate and tangible business value to enhance the visibility of the grouping to its immediate stakeholders.
PR1MA, CelcomDigi Team Up To Transform Homes With Smart City Solutions
KUALA LUMPUR, Oct 7 (Bernama) -- PR1MA Corporation Malaysia (PR1MA) has partnered with CelcomDigi Bhd to transform PR1MA homes and commercial developments with smart city solutions.
Pestech Proposes Restricted Share Issuance To Dhaya Maju Worth RM160 Mln
KUALA LUMPUR, Oct 4 (Bernama) -- Pestech International Bhd (Pestech) has entered into a conditional subscription agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed restricted issuance of the company's shares worth RM160 million.