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Allianz Malaysia 1Q Net Profit Rises To RM211.69 Mln

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.

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.

Netherlands' Neways Opens Manufacturing Facility In Selangor, Reaffirms Growth Commitment

KUALA LUMPUR, May 22 (Bernama) -- Netherlands-based Neways Electronics has opened a state-of-the-art manufacturing facility in Selangor, reaffirming its growth strategy and positioning the company to meet growing regional demand while enhancing its global manufacturing footprint.

EPF: External Fund Managers Contribute 24 Pct To 2024 Income

KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.

Airbus Sees Potential Demand For A220 From Local Operators

PUTRAJAYA, May 19 (Bernama) -- European aircraft manufacturer Airbus sees significant potential for the A220 in Malaysia, as it describes the plane as the perfect feeder aircraft on regional services.

Socso Amnesty Programme Saves Industry RM100 Mln In Waived Charges In April - MEF

KUALA LUMPUR, May 17 (Bernama) -- The industry has saved RM100 million through the waiver of compounds and late payment charges under the Social Security Organisation (Socso) Amnesty Programme from April 1-30, 2025, said the Malaysian Employers Federation (MEF).

Rimbunan Hijau Celebrates 50 Years Of Economic Impact And Global Success

SIBU, May 12 (Bernama) -- The Rimbunan Hijau Group (RH) marked its 50th anniversary with a grand celebration at Dataran Tun Tuanku Bujang, commemorating five decades of business growth and contributions to Malaysia’s economy and international presence.

Netherland’s Oryx Stainless Opens New Facility In Johor

JOHOR BAHRU, May 9 (Bernama) – The Oryx Stainless Group, one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, has opened a new facility in Johor.

Malaysian Workforce, Leaders Back AI To Boost Productivity – Microsoft

KUALA LUMPUR, May 8 (Bernama) --  Malaysian workers and business leaders are increasingly aligned in adopting artificial intelligence (AI)-powered tools, also known as intelligent agents, to enhance productivity and manage rising workloads, according to Microsoft’s 2025 Work Trend Index. 

Manufacturing Sector Sales Value Rises 3.7 Pct Y-O-Y At RM164.3 Bln In March 2025 -- DOSM

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s manufacturing sector sales value rose 3.7 per cent year-on-year (y-o-y) at RM164.3 billion in March 2025 as compared to a 4.7 per cent y-o-y growth at RM153.1 billion in February 2025, according to the Department of Statistics Malaysia (DOSM).

AT&S Ready For High-volume Production At RM5 Bln Plant In Kulim

KULIM, May 5 (Bernama) – Austria Technologie & Systemtechnik AG (AT&S), one of the world’s leading manufacturers of high-end integrated circuit (IC) substrates and printed circuit boards, is now ready for high-volume manufacturing at its newly completed campus at Kulim Hi-Tech Park (KHTP), Kedah.

CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln

KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.