Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides  a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Local Institutions Net RM817.4 Million In 19th Week Of Buying – MIDF

KUALA LUMPUR, March 3 (Bernama) -- Local institutions remained a pillar of support in Bursa Malaysia, marking their nineteenth consecutive week of net buying with a substantial RM817.4 million inflow into domestic equities, up from RM316.3 million the previous week.  

High EPF Dividend Boosts Confidence In Malaysia's Market, Investment – Economists

KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.  

SC And MCMC To Combat Online Scams Via Enhanced Regulatory Oversight

KUALA LUMPUR, March 1 (Bernama) -- The Securities Commission Malaysia (SC) and Malaysian Communications and Multimedia Commission (MCMC) have agreed to step up cooperation to combat the growing threat of online scams.

TNB: Powering Malaysia’s Future, Channelling 60 Pct Of Profits To The Rakyat

KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.

Bursa Malaysia Ends Lower On Weaker Sentiment Following Trump's Tariff Announcement

By Karina Imran

KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.

Xsolla Partners With Pocket Gamer Connects To Empower Mobile Game Developers 

KUALA LUMPUR, Feb 28 (Bernama) -- Global video game commerce company Xsolla is deepening its commitment to mobile game developers through a strategic partnership with Pocket Gamer Connects (PGC) in 2025.

Berjaya Corp Net Loss Narrows To RM88.68 Mln In 2Q FY2025

KUALA LUMPUR, Feb 27 (Bernama) -- Berjaya Corporation Bhd’s net loss for the second quarter (2Q) of the financial year ended Dec 31, 2024 (FY2025), narrowed to RM88.68 million from RM120.77 million last year.

Bursa Malaysia Closes Lower On Risk-off Sentiment

By Karina Imran

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close lower on Thursday as investors adopted a risk-off stance amid growing external uncertainties, said an analyst. 

Mavenir, OXIO Empowering Next-Generation Of MVNOs

KUALA LUMPUR, Feb 27 (Bernama) -- Mavenir has been selected by OXIO, a Telecom-as-a-Service (TaaS) company, for Packet Core, Integrated Management System (IMS) and next-generation messaging solutions to support borderless Mobile Virtual Network Operators (MVNOs) and embedded connectivity use cases on a global scale.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Tomei's Net Profit For FY2024 Higher At RM59.5 Mln As More People View Gold As Secure Investment Asset

KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.