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AIA Public Takaful Appoints Mohd Asri As CEO, Effective Aug 11

KUALA LUMPUR, Aug 14 (Bernama) -- AIA Public Takaful Bhd has appointed Mohd Asri Omar as its new chief executive officer (CEO), effective Aug 11, 2025.

Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.

Pahang Records RM4 Bln Investments In 1h 2025, Highest Among East Coast States

KUANTAN, July 16 (Bernama) -- The Pahang state government has recorded RM4 billion in realised investments in the first half (1H) of 2025, the highest in the East Coast region, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.

Gov't To Consider Raising I-BAP Allocation Following Overwhelming Response - Ramanan

KUALA LUMPUR, Aug 7 (Bernama) -- The government will consider raising the allocation for the Business Accelerator for Indian-owned companies (I-BAP) to RM10 million in the upcoming Budget following overwhelming response since its launch in October last year.

PTT Synergy To Invest RM2.3 Bln In Smart Warehouses Over Next Two Years

SUNGAI BULOH, Aug 6 (Bernama) -- PTT Synergy Group Bhd has allocated RM2.3 billion in capital expenditure (capex) over the next two years for its automated warehouse business, which will cover the development of four new automated warehouses.

Govt To Announce New Programme To Replace NEM 3.0

KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.

Lotte Chemical Titan Trims 2Q Net Loss To RM173.09 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024. 

AIA Public Takaful Declares Record RM84 Mln Surplus Distribution

KUALA LUMPUR, Aug 4 (Bernama) -- AIA Public Takaful Bhd has declared a record surplus of RM84 million to be distributed to eligible certificate holders for the financial year ended Dec 31, 2024 (FY2024).

Public Mutual Declares Distribution Of Over RM90 Mln For Seven funds

KUALA LUMPUR, July 31 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary Public Mutual has declared distributions amounting to more than RM90 million for seven funds as at July 31, 2025.

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln

KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.

Proceeds Of Import, Export Activities Of Electricity, Re To Benefit The People - PETRA

KUALA LUMPUR, July 30 (Bernama) -- The government is prepared to manage electricity import and export activities as well as renewable energy (RE) trading where the proceeds will be deposited into the Kumpulan Wang Industri Elektrik (KWIE) fund which will benefit the people.