TM's 3Q Net Profit Declines To RM465.03 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023. 

Malayan Cement's Net Profit Rises To RM139.44 Mln In 1Q FY2025

KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Cement Bhd reported a higher net profit for the first quarter ended Sept 30, 2024 (1Q FY2025), increasing to RM139.44 million, compared to RM96.10 million in the same period in 2023.

Rubber Market Ends Higher On Regional Futures Uptrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by the uptrend in the regional rubber futures markets and steady crude oil prices, a dealer said.

Hyundai To Invest RM2.16 Bln In Malaysia Through Strategic Partnership With INOKOM

From Mohd Shukri Ishak

SEOUL, Nov 26 (Bernama) -- Hyundai Motor will start a strategic partnership with INOKOM for the automotive assembly of several new models in Malaysia next year through an investment worth RM2.16 billion.

NIKE Names Treasure Heinle As Chief Human Resources Officer

KUALA LUMPUR, Nov 26 (Bernama) -- NIKE Inc has announced changes to its Senior Leadership Team (SLT) with Chief Talent Officer, Treasure Heinle becoming the company’s new Executive Vice President and Chief Human Resources Officer (CHRO).

Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023. 

MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.

Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom

KUALA LUMPUR, Nov 25  (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

Govt Pledges To Keep Health Inflation Moderate, Sarawak At 1.5 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Bursa Malaysia Boosted By RM250.6 Mln Investments From Local Institutions Last Week

KUALA LUMPUR, Nov 25 (Bernama) -- Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week

Sarawak Set To Finalise MASwings Acquisition By Next Month - Abang Johari

KUCHING, Nov 24 (Bernama) -- Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, said Premier Tan Sri Abang Johari Tun Openg.