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AKWEL 2024 Profit, Revenue Decline Amid Inflationary Pressures

KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)

Bank Rakyat Offers Up To Six-Month Payment Deferment To Putra Heights Blaze Victims

KUALA LUMPUR, April 3 (Bernama) -- Bank Rakyat offers special assistance to defer monthly installment payments to individuals and business customers affected by the recent gas pipeline fire incident in Putra Heights. 

MTA, Takaful Operators Mobilise Aid For Putra Heights Explosion Victims

KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) together with its member takaful operators stand united in support of Putra Heights explosion victims by mobilising emergency support for affected communities.

Hairdressing Empire In The Making: Nimroc Eyes 100 Branches In Five Years

By Norsyafawati Ab Wahab

KUALA LUMPUR, April 1 (Bernama) -- Men’s hairdressing brand Nimroc Holdings Sdn Bhd, which has grown from a small night-market business into a chain of 19 barber shops nationwide, aims to have 100 branches within the next five years.

Bank Muamalat Allocates Over RM500,000 For Ramadan CSR Initiatives

KUALA LUMPUR, March 28 (Bernama) -- Bank Muamalat Malaysia Bhd has allocated over RM500,000 for corporate social responsibility (CSR) initiatives throughout Ramadan this year.  

MAHB To Pursue More Long-haul Flights From Europe This Year 

PERTH, March 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is setting its sights on increasing long-haul flights, particularly from among European carriers, as Malaysia seeks to strengthen its global connectivity. 

Allianz Life Strengthens Gender Equality Efforts With #SheSecures

KUALA LUMPUR, March 27 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) is strengthening its commitment to empowering and uplifting women by broadening its reach in Malaysia through its exclusive women’s programme #SheSecures.

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Mongolian Mining Hits Record US$1.0399 Bln Revenue For  FY2024

KUALA LUMPUR, March 25 (Bernama) -- Mongolian Mining Corporation (MMC) reported its financial results for the year ending Dec 31, 2024 (FY2024) with record-high revenue of US$1.0399 billion, slightly up from US$1.038 billion in 2023. (US$1=RM4.43)

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

BNPL And Debt: Between Convenience And Concern

PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.

Bintulu Port Holdings Pays RM3.6 Mln Zakat To Tabung Baitulmal Sarawak

KUCHING, March 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) paid RM3.6 million zakat for 2024 to Tabung Baitulmal Sarawak (TBS), which is its highest zakat contribution to date.