EcoWorld Posts Higher Net Profit Of RM438.07 Mln In FY2025

KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.

IATA: Weaker Dollar To Boost Airlines' Profitability In 2026

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA). 

Chin Hin Acquires RM91 Mln Puncak Jalil Land For Landed Housing Project

KUALA LUMPUR, Nov 26 (Bernama) -- Chin Hin Group Property Bhd (CHGP), through its subsidiary Chin Hin Property (KL) Sdn Bhd (CHPKL), has acquired two parcels of 99-year leasehold land in Taman Puncak Jalil, Selangor, for RM91 million to undertake a landed residential development.

Mah Sing To Buy 1.129-Hectare Land In Setapak For RM44.50 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.

Sime Darby Property On Track To Achieve Sales Target Of RM3.6 Bln, GDV Of RM4 Bln In FY2025

KUALA LUMPUR, Nov 20 (Bernama) -- Sime Darby Property Bhd is on track to achieve sales target of RM3.6 billion and gross development value (GDV) launches worth RM4 billion for the financial year 2025 (FY2025).

ABB Powers Next-Gen AI Data Centre At North Dakota’s Polaris Forge 2

KUALA LUMPUR, Nov 14 (Bernama) -- ABB has expanded its partnership with Applied Digital to supply advanced medium-voltage power systems for the company’s second AI Factory campus in North Dakota, United States (US).

MoF Yet To Finalise Involvement Of Local Firm In Train Set Rental Project

KUALA LUMPUR, Nov 12 (Bernama) -- The involvement of any local company in the train set rental project with a company from China has not yet been finalised, said the Ministry of Finance (MoF).

Ramssol Enters Indonesia EV Market Through Bike Leasing Partnership

KUALA LUMPUR, Nov 10 (Bernama) -- Ramssol Group Bhd’s indirect subsidiary, PT Rider Gate Indonesia, has signed a cooperation agreement with PT Smoot Motor Indonesia and PT Swap Energi Indonesia to launch an integrated electric vehicle (EV) bike leasing ecosystem in Indonesia.

AKWEL Reports Lower Revenue, Expects Further Decline In 2026

KUALA LUMPUR, Nov 7 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, reported consolidated revenue of 730.7 million euros for the first nine months of 2025, down 3.6 per cent from a year earlier. (1 Euro = RM4.82)

Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.

Malaysia, China In Talks On Forming SPV To Undertake Rail Industry Project

KUALA LUMPUR, Nov 5 (Bernama) -- Bilateral discussions are ongoing between Malaysia and China to form a special-purpose vehicle (SPV) responsible for undertaking the rail industry empowerment programme via a passenger train leasing arrangement, the Transport Ministry said.

Monash University Campus To Strengthen TRX As World-class Financial Centre

KUALA LUMPUR, Nov 3 (Bernama) -- TRX City Sdn Bhd aims to nurture global talent within Malaysia’s premier financial hub through its collaboration with Monash University Malaysia to develop a new campus at the Tun Razak Exchange (TRX).