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TIV For Automotive Sector Down 40 Pct To 48,875 Units In January 2025 - MAA

KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia turned lower at midday due to selling in selected heavyweights, led by the financial services, plantation and utilities counters. 

Govt, BNM Continue To Strengthen Trade And Investment Mechanisms In Local Currency

KUALA LUMPUR, Feb 27 (Bernama) – The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.

GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts

KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.

Petronas-Petrovietnam Cooperation Expected To Be Formalised In May -- PM Anwar

HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

Malaysia’s Economy Shows Promising Growth, LI Rises 3.1 Pct In Dec 2024

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia’s economy is expected to continue promising progress in the near term with the leading index (LI) accelerated to 3.1 per cent year-on-year (y-o-y) in Dec 2024 compared to 0.4 per cent in December 2023.

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

Bursa Malaysia Ends Morning Trading Session In Positive Territory 

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the morning trading session in positive territory, buoyed by improved sentiment and buying in selected heavyweights. 

Petronas, Petrovietnam To Boost Energy, RE Cooperation In Vietnam - PM Anwar

KUALA LUMPUR, Feb 26 (Bernama) – Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) will expedite cooperation in Vietnam’s energy sector, encompassing upstream and downstream activities, gas, and renewable energy (RE), said Prime Minister Datuk Seri Anwar Ibrahim.

Anaqua Acquired By Nordic Capital To Boost IP Management Growth

KUALA LUMPUR, Feb 26 (Bernama) -- Anaqua has announced that Nordic Capital, a technology & payments private equity investor, has acquired a controlling interest in the company from Astorg.