Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

Malaysia To Emerge As Top Destination For Medical Tourism -- IHH Healthcare

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has bright prospects in medical tourism, driven by its highly trained doctors, excellent facilities and competitive currency, said IHH Healthcare Bhd.

TNB Delivers Operational Excellence While Strengthening Its Impact On Communities

KUALA LUMPUR, May 27 (Bernama) -- As Malaysia advances its ambition to become a regional digital hub, Tenaga Nasional Bhd (TNB) continues to power critical infrastructure for the sector.

Quadria Capital Closes US$1.07 Bln Fund To Drive Healthcare Investments In Asia

KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)

Malaysian Cocoa Board To Enhance Cocoa Industry's Competitiveness Via R&D

KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.

Sabah's Strategic Ascent: Becoming A Beacon Of Economic Power, Sustainable Growth

By Siti Radziah Hamzah

KUALA LUMPUR, May 25 (Bernama) -- Amid global economic shifts, Sabah is making deliberate, calculated moves to position itself not just as a regional player, but as a formidable force in global trade and sustainability.

Ekuinas Announces Appointment Of Aliff Omar As New CEO

KUALA LUMPUR, May 23 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has announced the appointment of Aliff Omar Mohamad Omar as its chief executive officer (CEO), effective today.

TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

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.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

PNB Pays Out RM14.5 Bln In Income And Bonus Distribution For FY2024

KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.