MISC’s Net Profit Slips To RM1.19 Bln In FY2024 From RM2.12 Bln In FY2023

KUALA LUMPUR, Feb 21 (Bernama) -- MISC Bhd’s net profit for the financial year ended Dec 31, 2024 (FY2024) declined to RM1.19 billion from RM2.12 billion registered in 2023.

MAHB Share Sale Will Not Affect National Security - MOT

KUALA LUMPUR, 21 Feb (Bernama) -- The Transport Ministry (MOT) views the sale of shares in Malaysia Airports Holdings Bhd (MAHB) as not affecting security, based on the commitment and cooperation between the Civil Aviation Authority of Malaysia (CAAM), MAHB, and the Royal Malaysian Police (PDRM) to ensure that security aspects are at the highest level.

Fortrea Sponsors SCRS Collaborate Forward To Revolutionise Clinical Research Practices

KUALA LUMPUR, Feb 21 (Bernama) -- Fortrea, a global contract research organisation (CRO), has announced its sponsorship of the Society for Clinical Research Sites (SCRS) Collaborate Forward working group.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd. 

IATA Approves Malaysia Aviation Group To Certify Dangerous Goods Training

KUALA LUMPUR, Feb 21 (Bernama) -- The International Air Transport Association (IATA) Competency‐Based Training and Assessment (CBTA) Center has accredited and approved Malaysia Aviation Group’s (MAG) training arm MAB Academy to certify Dangerous Goods Regulations (DGR) courses.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

KLCCD Outlines Plans For Unique, Inclusive, And Sustainable Bandar Malaysia Project - MoF

KUALA LUMPUR, Feb 20 (Bernama) — The developer behind the Bandar Malaysia project, KLCC Development Sdn Bhd (KLCCD), which is a wholly-owned subsidiary of KLCC (Holdings) Sdn Bhd (KLCCH), has outlined plans to create a unique, inclusive, and sustainable development, according to the Ministry of Finance (MoF).

Govt Forecasts Moderate Inflation Increase Of 2.0-3.5 Pct In 2025 -- MOF

KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).

Sunway Construction's FY2024 Net Profit Surges To RM186.9 Mln On Strong Project Progress

KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.

Malaysia Must Accelerate Productivity Growth To Keep Pace With Peers – Tengku Zafrul

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s productivity has shown growth, but not at a fast enough pace, especially when compared to other economies that were once at a similar level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

YTL Corp Posts RM580 Mln Net Profit In 2Q

KUALA LUMPUR, Feb 20 (Bernama) -- YTL Corporation Bhd’s (YTL Corp) net profit declined slightly to RM580 million in the second quarter (2Q) ended Dec 31, 2024, from RM589.22 million a year earlier due to a weaker performance by the utilities segment.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.