FGV Holdings Posts Higher Net Profit Of RM137 Mln In 2Q 2025

KUALA LUMPUR, Aug 27 (Bernama) -- FGV Holdings Bhd posted a higher net profit of RM136.88 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM86.38 million in the same period a year ago. 

Frontline International Taps Longtime Executive Zack Palazzo As VP Of Sales And Finance

KUALA LUMPUR, Aug 27 (Bernama) -- Frontline International, a leader in smart oil management systems for restaurants and commercial kitchens, has promoted Zack Palazzo to vice president (VP) of sales and finance, marking a strategic move to reinforce its growth and financial leadership.

FGV Delisting Gives Felda Greater Latitude To Focus On Settlers' Returns, Shareholder Value

KUALA LUMPUR, Aug 27 (Bernama) – FGV Holdings Bhd will be delisted from Bursa Malaysia tomorrow, a move that will give greater latitude to one of the world’s largest crude palm oil producers to strategise and focus mainly on providing greater returns to settlers and value to shareholders.

AirAsia X Net Profit Soars To RM35.22 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago. 

Thai Cabinet Approves 2026 Budget Of US$5.65 Mln For Malaysia-Thailand Joint Authority

BANGKOK, Aug 26 (Bernama) -- Thailand’s Cabinet on Tuesday approved the 2026 budget and annual operational plan for the Malaysia-Thailand Joint Authority (MTJA) amounting to about US$5.65 million (US$1=RM4.20).

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

TH Plantations Net Profit Rises To RM11.79 Mln In Second Quarter

KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.

Zetrix AI Net Profit Rises To RM199.14 Mln In 2Q

KUALA LUMPUR, Aug 22 (Bernama) -- Zetrix AI Bhd’s net profit increased to RM199.14 million in the second quarter ended June 30, 2025 (2Q 2025) from RM165.42 million in the previous corresponding quarter, mainly due to web3 application service fees on the Zetrix blockchain platform. 

EPB Group Announces Partnerships With Shenzhen Honglin, Nidec

GEORGE TOWN, Aug 21 (Bernama) -- EPB Group Bhd, a one-stop food processing and packaging machinery solutions provider, has announced its partnership with Shenzhen Honglin Machinery Equipment Co Ltd to drive automation and market expansion across Southeast Asia 

Maxis Posts Higher Net Profit Of RM398 Mln In 2Q 2025

KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.

Malaysia’s Global Business Services Sector Leverage AI To Provide Higher Value Services

By Wong Cheng Hau

KUALA LUMPUR, Aug 21 (Bernama) -- About 40 per cent of the 120,000 jobs in Malaysia’s global business services (GBS) sector will be using artificial intelligence (AI) to move towards higher-value services.