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Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

From Passionate Hobby To Career: Logeswaran To Continue Growing Ornamental Fish Business

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 29 (Bernama) -- A passion for keeping ornamental fish, which began at the age of 10, served as the starting point for the success of Logeswaran Arumugam, 38, who now runs a modern and exclusive aquarium under his company, SLF Pearl Capital Sdn Bhd.

Peak Reinsurance North America Assigned Credit Ratings By AM Best

KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).

Malaysia, Laos Forge Strategic Rail-Sea Trade Link

PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.

Eco-Shop Positive About Performance Despite Price Hike

KUALA LUMPUR, May 23 (Bernama) -- Household retailer Eco-Shop Marketing Bhd remains optimistic about its performance despite hiking up product prices to RM2.60 from RM2.40 last month. 

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.  

Petronas To Continue Its Function, Activities In Line With Petroleum Development Act 1974

PUTRAJAYA, May 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) will continue to fulfil its function, activities, responsibilities and obligations as mandated under the Petroleum Development Act 1974 (PDA 1974) and related regulations.

Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB

KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.

Tyler Jones Joins Duck Creek Technologies As Chief Marketing Officer

KUALA LUMPUR, May 20 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Tyler Jones as Chief Marketing Officer (CMO).

Capillary To Expand Global Loyalty Footprint With Kognitiv Deal 

KUALA LUMPUR, May 15 (Bernama) -- Capillary Technologies, an artificial intelligence (AI)-powered loyalty management firm, has acquired Kognitiv, a provider of omnichannel loyalty solutions, in a move to strengthen its global footprint and expand its presence in the North American market.

Consumers Demand Flawless Digital Experiences As Frustration Grows, Conviva Report Finds

KUALA LUMPUR, May 15 (Bernama) -- A global study by real-time performance analytics firm Conviva has found that businesses failing to deliver seamless digital experiences risk losing customers, revenue, and brand credibility.