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PKNS Unveils SA Sentral Development Plan

SHAH ALAM, Nov 28 (Bernama) -- The SA Sentral and Section 13 development plan, set to be implemented over the next seven years starting next year, will cover 58.6 hectares (145 acres) and aims to transform the area into a modern, dynamic, and competitive integrated hub in the country.

BMW Launches Phase 2 Of Regional Parts And Distribution Center In Senai

KUALA LUMPUR, Nov 28 (Bernama) -- BMW Group Malaysia has launched Phase 2 of its regional parts and distribution centre, significantly expanding the cutting-edge facility located at the Free Industrial Zone in Senai International Airport.

IHH Healthcare Posts Higher Net Profit Of RM534.0 Mln In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- IHH Healthcare Bhd's net profit grew to RM534.0 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM532.0 million in the same period last year, buoyed by sustained demand for quality healthcare services and growth in revenue intensity.

LIAM CEO Mark O’Dell Honoured With Lifetime Achievement Award

KUALA LUMPUR, Nov 28 (Bernama) -- Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell has been awarded the prestigious Lifetime Achievement Award at the 28th Asia Insurance Industry Awards 2024. 

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

CIMB Posts Higher Net Profit Of RM2.03 Bln In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd posted a higher net profit of RM2.03 billion in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM1.85 billion in the same period last year.

Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.

Bank Islam Offers Financial Assistance To Flood Victims

KUALA LUMPUR, Nov 28 (Bernama) -- Bank Islam Malaysia Bhd has announced the recommencement of the Prihatin Programme for Flood to support eligible financing customers affected by recent floods.

Ringgit-Ruble Transactions, Trade Agreement Can Strengthen Malaysia-Russia Economic Ties:

KUALA LUMPUR, Nov 28 (Bernama) – There are untapped business opportunities that Malaysia can explore with Russian businesses, particularly amid concerns about rising tariffs, offering both countries a chance to grow trade volumes and strengthen economic ties.

Kuskop: 20 Companies Receive I-BAP Grants Worth Nearly RM1.5 Mln

KUALA LUMPUR, Nov 27 (Bernama) -- A total of 20 companies have been granted nearly RM1.5 million through the Indian Business Accelerator Programme (I-BAP), an SME Corporation Malaysia (SME Corp) initiative designed to support small businesses owned by Indian entrepreneurs in Malaysia.

TII's Open-Source AI Summit Highlights Key Discussions On The Future Of AI 

KUALA LUMPUR, Nov 27 (Bernama) -- The Open-Source AI Summit Abu Dhabi has kicked off with critical dialogues that will shape the global artificial intelligence (AI) agenda, for two days beginning Nov 26, at the St. Regis Saadiyat Island.

PetGas 3Q Net Profit Jumps To RM493.67 Mln, Declares 18 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Gas Bhd's (PetGas) net profit climbed to RM493.67 million in the third quarter ended Sept 30, 2024 (3Q FY2024), up from RM468.46 million in the same period last year.