11m ago
KUALA LUMPUR, April 3 (Bernama) -- Giesecke+Devrient (G+D), a SecurityTech company, reported a record-breaking 3.132 billion euros in revenue for the 2024 fiscal year, surpassing its strong performance in 2023 despite challenging economic conditions. (1 Euro = RM4.85)
1y ago
KUALA LUMPUR, March 26 (Bernama) -- The Alliance Bank MSME Business Outlook Report 2025 revealed that 79 per cent of Malaysian micro, small, and medium enterprises (MSMEs) anticipate revenue growth in 2025, driven by strong domestic demand and accelerated digital adoption.
1y ago
BANGKOK, March 25 (Bernama) -- Amata Corporation PCL, Thailand's leading industrial estate developer, expects a 15 per cent increase in industrial land sales in 2025, driven by its new project in Laos and sustained investor demand in Thailand and Vietnam.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Boost Bank has partnered with CGC Digital, a financial technology (fintech) subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to provide RM130 million in financing solutions for eligible underserved micro, small and medium enterprises (MSMEs).
1y ago
KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
1y ago
KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.