KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP).
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
KUALA LUMPUR, May 25 (Bernama) -- Malaysia could lose up to four per cent of the export value of its solar panels if the United States (US) proceeds with its proposed tariffs on solar panel product imports, according to industry observers.
KUALA LUMPUR, May 22 (Bernama) -- ASEAN must take bold steps to address key trade challenges through enforceable agreements on reducing non-tariff barriers, expanding mutual recognition arrangements, and further operationalising the ASEAN Single Window for micro, small and medium enterprises (MSMEs).
SINGAPORE, May 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is creating targeted incentives aimed at further boosting the growth of the local semiconductor industry, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.
KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.
By Siti Radziah Hamzah
KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.
KUALA LUMPUR, May 14 (Bernama) -- Sunway Real Estate Investment Trust (REIT) recorded a higher net profit of RM104.32 million for the first quarter of 2025 (1Q 2025) ended March 31, 2025, compared to RM86.98 million in the same quarter a year ago.
By Naveen Prabu Kuppusamy
KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.
