Top Glove Net Loss Narrows To RM61.81 Mln In FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.

RHB Bank Net Interest Margin Seen Higher In Third Quarter

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI). 

Skyworld Partners With PR1MA To Build Affordable Homes In Brickfields

KUALA LUMPUR, Oct 9 (Bernama) -- Skyworld Development Bhd’s wholly-owned subsidiary, Aspirasi Cekap Sdn Bhd (ACSB), has entered into a joint development agreement with PR1MA Corporation Malaysia to build affordable homes.

HRD Corp's Enhanced Allowable Cost Matrix To Boost Competitiveness, Productivity - FMM

KUALA LUMPUR, Oct 9 (Bernama) -- The enhancement of the Human Resource Development Corporation’s (HRD Corp) Allowable Cost Matrix (ACM) will significantly boost the competitiveness and productivity of Malaysian industries, said the Federation of Malaysian Manufacturers (FMM).

Petron: No Disruption To Petroleum Products Supply Amid Refinery Maintenance

KUALA LUMPUR, Oct 9 (Bernama) -- Petron Malaysia Refining and Marketing Bhd's (Petron Malaysia) refinery at Port Dickson, Negeri Sembilan, will undergo a maintenance shutdown for eight weeks to facilitate repairs to its furnaces.

Youth Hoping For Increase In PTPK Fund, Early Childhood Education Centers In 2025 Budget

By Afifitri Muhammad

KUALA LUMPUR, Oct 9 (Bernama) -- An increase in the Skill Development Fund Corporation (PTPK) and a rise in the number of government-supervised early childhood education centres are among the key expectations of the youth in the country for Budget 2025 to be tabled in Parliament this Oct 18.

ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

ice’s Network Slicing For Norwegian Armed Forces Powered By Mavenir 5G Core 

KUALA LUMPUR, Oct 8 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, has delivered the full 5G core network for ice to enable a network slicing service.

Arthur D. Little Hires Franco Santucci To Lead New Team, Expanding Australian Office

KUALA LUMPUR, Oct 8 (Bernama) -- Arthur D. Little (ADL) has announced an expansion of its Australian office, with the appointment of Franco Santucci as Partner and Andrew Sampson as Principal.

PR1MA, CelcomDigi Team Up To Transform Homes With Smart City Solutions

KUALA LUMPUR, Oct 7 (Bernama) -- PR1MA Corporation Malaysia (PR1MA) has partnered with CelcomDigi Bhd to transform PR1MA homes and commercial developments with smart city solutions.