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Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.

MAVCOM Reports 32 Pct Drop In Complaints For 1H2024

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.

Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge

KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia). 

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.

Petronas Secures Third O&G Concession In Abu Dhabi 

KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).

Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying

KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

Govt Steps Up Efforts To Eradicate Hardcore Poverty In Line With Economic Growth - Rafizi

PUTRAJAYA, Sept 30 (Bernama) – The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.

BMI Projects Malaysia’s Deficit To Fall Below 4 Pct In 2025

KUALA LUMPUR, Sept 30 (Bernama) --  BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.

Foreign Investors Turn Net Sellers At RM527 Mln Last Week

KUALA LUMPUR, Sept 30 (Bernama) -- Foreign investors turned net sellers of equities on Bursa Malaysia last week as they took profit after six straight weeks of net buying, according to MIDF Amanah Investment Bank Bhd (MIDF).

DHL Express Announces 6.9 Pct Price Increase For 2025

KUALA LUMPUR, Sept 30 (Bernama) -- International express services provider DHL Express today announced an average price increase of 6.9 per cent for 2025, effective from Jan 1.

Budget 2025: Green Bonds, Tax Rebates Will Help Telecommunication Companies To Move Into Renewable Energy

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 30 (Bernama) -- Introducing competitive green bonds, tax breaks or rebates in the upcoming Budget 2025 may encourage companies, including telecommunication companies, to transition into renewable energy (RE) in their operations.

Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.