MSM Returns To Black With RM31.25 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 24 (Bernama) -- MSM Malaysia Holdings Bhd (MSM) has returned to the black in the financial year ended Dec 31, 2024 (FY2024), recording a net profit of RM31.25 million compared to a net loss of RM49.88 million in FY2023.

Bursa Malaysia Lower At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by persistent selling amid mixed performance from regional peers, tracking the selloff in Wall Street. 

Bursa Malaysia Opens Lower, Tracking Wall Street's Slump

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia trended lower in early trading, tracking Wall Street’s decline as traders weighed on the latest batch of data suggesting the United States (US) economic growth was weakening, said an analyst. 

12th Working Group-ASEAN Economic Community Meeting Concludes After 2 Days

KOTA TINGGI, Feb 23 (Bernama) -- The 12th Working Group-ASEAN Economic Community (WG-AEC) Meeting concluded today after convening for two days at the Desaru Coast Conference Centre, near here.

Chery To Build Smart Auto Industrial Park In Hulu Selangor

SHAH ALAM, Feb 23 (Bernama) -- Legenda Beringin Holding Sdn Bhd and Chery Corporate Malaysia Sdn Bhd signed an agreement to develop the Chery Smart Auto Industrial Park at Beringin High Tech Auto (Beringin HTA) Valley, Hulu Selangor today.

Strengthen Regional Ties, Boost Investment To Counter US Tariff Impact, ESCAP Chief Tells ASEAN

KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.

12th Working Group-ASEAN Economic Community Meeting Starts Ahead Of 31st AEM Retreat

KOTA TINGGI, Feb 22 (Bernama) -- The 12th Working Group-ASEAN Economic Community (WG-AEC) Meeting kickstarted today ahead of the 31st ASEAN Economic Ministers (AEM) Retreat, which is scheduled to take place on Feb 28.

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

ESCAP: ASEAN Must Prioritise Sustainable Investment, Narrow Development Gaps Among Member States

By Nur Athirah Mohd Shaharuddin & Nabilah Saleh

KUALA LUMPUR, Feb 20 (Bernama) -- The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has emphasised the need for ASEAN to adopt sustainable and inclusive investment strategies as key drivers of economic resilience and growth.

Historic Launch Of Saudi Riyal Symbol Strengthens National Currency Identity

KUALA LUMPUR, Feb 21 (Bernama) -- The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has approved the Saudi riyal symbol, a historic move that will reinforce the Saudi currency's identity.

Rubber Market Ends Mixed Amid Tariff Concerns And Oil Price Decline

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 21 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking declines in regional rubber futures markets amid rising concerns over the US trade tariff decision, said a dealer.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd.