FBM KLCI Extends Losing Streak For 5th Straight Session

By Siti Radziah Hamzah

KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

Tyler Jones Joins Duck Creek Technologies As Chief Marketing Officer

KUALA LUMPUR, May 20 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Tyler Jones as Chief Marketing Officer (CMO).

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

PIKOM Digital Excellence Awards 2025 Nominations Begin Now

KUALA LUMPUR, May 9 (Bernama) -- The National Tech Association of Malaysia (PIKOM) has officially opened nominations for the PIKOM Digital Excellence Awards (PDEA) 2025.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.

ACCIM Sees Cordial Talks As Key To Fair, Balanced Malaysia-US Trade Deal

KUALA LUMPUR, May 5 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) believes that continued cordial negotiations between the Malaysian and United States (US) governments can lead to a fair and balanced trade deal.

Japan To Lead High-Powered Delegation To Malaysia Next Week To Deepen Green Energy Cooperation

KUALA LUMPUR, May 2 (Bernama) -- Japan will lead a high-powered delegation to Malaysia next week to discuss deepening cooperation in the Asia Zero Emission Community (AZEC) to achieve decarbonisation, economic growth and energy security.

New Penang-Chengdu Direct Flight Strengthens Economic, Cultural Exchange -- Wong

GEORGE TOWN, May 1 (Bernama) -- Penang has welcomed the inaugural Sichuan Airlines direct flight from Chengdu, marking a significant step forward in strengthening economic cooperation and cultural exchange between Malaysia and China.

CPO Futures End Lower On Output Concerns, Weak Exports

By Abdul Hamid A Rahman

KUALA LUMPUR, April 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday, weighed down by expectations of rising production and subdued export demand that could lift domestic stock levels, said palm oil trader David Ng.

BNM Imposes Penalties Totalling RM35,000 On Merchantrade Asia, JAGS Money

KUALA LUMPUR, April 30 (Bernama) -- Bank Negara Malaysia (BNM) imposed a total of RM35,000 in administrative monetary penalties (AMP) on Merchantrade Asia Sdn Bhd and JAGS Money Sdn Bhd.