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.

Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

Main Market Debutant Pantech Global Eyes Expansion In North Africa, South America

KUALA LUMPUR, March 3 (Bernama) -- Pantech Global Bhd is accelerating its international expansion, targeting high-growth markets in North Africa and South America after listing on the Main Market of Bursa Malaysia today.

KPJ Healthcare Posts Higher FY2024 Net Profit Of RM353.81 Mln On Cost Cuts, Efficiency

KUALA LUMPUR, March 1 (Bernama) -- KPJ Healthcare Bhd posted a net profit of RM353.81 million for financial year 2024 (FY2024), up from RM263.40 million a year earlier, driven by cost optimisation, operational efficiency and patient-centric investments.

Uncertainty Over Trump’s Policies Seen Continuing To Support Gold Futures

By Siti Noor Afera Abu

KUALA LUMPUR, March 1 (Bernama) --  The gold futures market on Bursa Malaysia Derivatives is expected to trade in cautious mode next week but well supported, taking its cue from US COMEX gold futures.

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

MIHAS Expands Global Footprint With Shanghai Edition Following Dubai Success

KUALA LUMPUR, Feb 27 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will host the second international edition of the Malaysia International Halal Showcase (MIHAS) in Shanghai, China. 

RHB Bank Eyes Strong FY2025, Banking On Up To 7 Pct Loan Growth

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.

Mah Sing's Net Profit Rises To RM240.75 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.

Mavenir Powers O2 Telefónica's Transition To Cloud-Native IMS

KUALA LUMPUR, Feb 27 (Bernama) -- Mavenir has announced the extension of its long-term partnership with Telefónica, signing a new five-year contract to transition O2 Telefónica Germany from Mavenir’s virtualised IMS (vIMS) to Cloud-Native IMS solution.

RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.