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By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
KUALA LUMPUR, May 23 (Bernama) -- A prominent Malaysian private sector official has urged ASEAN to prioritise strategies and policies that address the challenges facing micro, small and medium enterprises (MSMEs), to ensure the regional economy fully benefits from their potential.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.
KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.
KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 22 (Bernama) -- The ringgit ended lower against the US dollar today due to a stronger US Dollar Index (DXY) after the Moody’s Ratings downgrade.
KUALA LUMPUR, May 20 (Bernama) -- Citadel Trustee Bhd, through its private wealth planning trust Citadel Dynasty Trust (CDT), expects to achieve its asset under management (AUM) target of RM10 billion within five years of the trust’s launch.
KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback depreciated due to weaker United States (US) economic data recorded, an analyst said.
KUALA LUMPUR, May 21 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has forged strategic partnerships with the National Aerospace Industry Corporation Malaysia (NAICO) and PWN Excellence Sdn Bhd (PWNE).
