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Putra Heights Fire: Massimo Temporarily Halts Bread Production

KUALA LUMPUR, April 3 (Bernama) -- The Italian Baker Sdn Bhd, producer of Massimo bread loaves, has announced a temporary disruption in the production of its bakery products due to the gas pipeline blaze in Putra Heights, which had affected the LNG supply to its factory.

IRB Allows DRB-HICOM’s Appeal Against Additional Tax From Unit's Sale

KUALA LUMPUR, March 21 (Bernama) -- The Inland Revenue Board of Malaysia (IRB) has allowed DRB-HICOM Bhd‘s appeal against the notice of additional assessment that the gain from the disposal of a subsidiary is not subject to tax under Section 4(a) of the Income Tax Act 1967.

Malaysia To Fortify Position As Centre Of Competitive Trade, Finance And Technology -- PM Anwar

KUALA LUMPUR, March 14 (Bernama) -- Malaysia will fortify its position as a centre of competitive trade, finance, and technology amid global changes, says Prime Minister Datuk Seri Anwar Ibrahim.

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Bursa Malaysia Opens Lower, Key Index Slips Below 1,500

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.  

PDB To Reply To Bursa's Show-cause Notice With Strong Growth Prospects

KUALA LUMPUR, March 10 (Bernama) -- Pertama Digital Bhd (PDB) has undergone substantial progress in recent months, from securing key funding to executing strategic acquisitions and collaborations that position the company for long-term growth.

Bumi Armada Bags Two Contracts Worth Rm578.4 Mln

KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC). 

Malaysian Banks To See Moderate Profit Growth In 2025 On Steady Loan Expansion -- RAM Ratings

KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.

Sunway Construction Secures RM1.5 Bln Contract For RTS TOD Works In Bukit Chagar

KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.

XOX Appointment Of Kenneth Vun As Managing Director Marks Company's Transformative Phase

KUALA LUMPUR, March 3 (Bernama) -- XOX Bhd has appointed Datuk Kenneth Vun as its new managing director, marking a new era of growth and innovation.

Audit Flags SME Corp For Overspending Development Grants

KUALA LUMPUR, Feb 24 (Bernama) -- SME Corporation Malaysia (SME Corp) spent development grants beyond its allocated funds, resulting in a RM7.96 million debit balance.

GDA To Compulsorily Acquire Remaining MAHB Shares At RM11 Apiece

KUALA LUMPUR, Feb 14 (Bernama) --  Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.