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F&N's Net Profit For 1Q 2025 Slips To RM169.018 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the first quarter ended Dec 31, 2024 (1Q 2025) slipped to RM169.018 million from RM170.737 million recorded in 1Q 2024.

Govt’s Two Pct Contribution For Foreign Workers Balances Welfare And Business -- FMM

KUALA LUMPUR, Feb 3 (Bernama) -- The government's proposal to implement a mandatory Employees Provident Fund (EPF) contribution rate of two per cent for foreign workers from the initially proposed 12 per cent reflects an effort to balance worker welfare and business sustainability, said the Federation of Malaysian Manufacturers (FMM).

Salcon Partners TNB For 7MW Solar Energy Project In Perak

KUALA LUMPUR, Feb 3 (Bernama) -- Salcon Bhd’s indirect unit Mentari Kamuning Sdn Bhd (MKSB) has signed a new enhanced dispatch agreement (NEDA) connection agreement with Tenaga Nasional Bhd (TNB).  

Zycus To Transform Procurement Industry With Groundbreaking Platform Launch 

KUALA LUMPUR, Feb 3 (Bernama) -- Zycus, the global leader in procurement technology, is set to transform the procurement industry with the launch of its groundbreaking Merlin Agentic AI Platform on Feb 11.

Hindustan Zinc Clocks Q3 With Highest Ever Revenue, Profit And Metal Production

KUALA LUMPUR, Feb 3 (Bernama) -- India-based Hindustan Zinc Limited (HZL), the integrated zinc and silver producer, has recorded its highest-ever nine months mined and refined metal production at 784 karat (kt) and 783 kt, respectively.

Americhem's R&D Centre In India To Enhance Colour Development, Customer Support

KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.

Rubber Market To Be Balanced Next Week, Amid Rainfall, CNY Supply Disruptions

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.

Malakoff Completes Acquisition Of ZEC Solar, TJZ Suria

KUALA LUMPUR, Jan 31 (Bernama) -- Malakoff Corporation Bhd has completed its acquisition of ZEC Solar Sdn Bhd and TJZ Suria Sdn Bhd.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

KLIA Aerotrain Saga: A Disappointing Delay

By Kisho Kumari Sucedaram

KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.