11m ago
KUALA LUMPUR, May 6 (Bernama) -- Malaysia's rubber glove market share in the United States is expected to increase to 55 per cent, despite facing a 10 per cent tariff hike and reciprocal tariffs imposed by the US on Malaysia.
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KUALA LUMPUR, May 6 – The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position.
11m ago
KUALA LUMPUR, May 6 – The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position.
11m ago
KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
11m ago
KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,200 per tonne in 2025 due to a high price premium enjoyed by palm oil over soyabean oil in the first quarter of 2025 (1Q 2025), said Kenanga Investment Bank Bhd (Kenanga Research).
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KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
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KUALA LUMPUR, April 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has facilitated RM1 billion in committed investments in Terengganu as of the first quarter of 2025 (1Q 2025).
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KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.
11m ago
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.
11m ago
KUALA LUMPUR, April 23 (Bernama) -- IGB Real Estate Investment Trust (REIT) posted a higher net profit of RM106.58 million for the first quarter ended March 31, 2025 (1Q 2025) from RM99.61 million in 1Q 2024.
11m ago
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 18 (Bernama) -- The ringgit eased against the US dollar at the close today following the announcement of a lower-than-expected gross domestic product (GDP) growth estimate for Malaysia for the first quarter (1Q) of 2025, said an analyst.