1y ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
1y ago
GEORGE TOWN, May 7 (Bernama) -- Digital Penang Sdn Bhd and Sisters Inspire Sdn Bhd's fintech solutions provider unit, FinHero, have signed a memorandum of understanding (MoU) to expand access to financing for Penang’s micro, small and medium-sized enterprises (MSMEs).
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday, reversing earlier gains as concerns over rising output and high domestic stock levels weighed on market sentiment.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by weaker soybean oil prices on the Chicago Board of Trade (CBOT) and concerns over rising production in the coming weeks, said palm oil trader David Ng.
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Fraser & Neave Holdings Bhd (F&N) is set to commence operations at its refurbished Butterworth plant to ease production capacity constraints currently faced at its Shah Alam and Bentong facilities.
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).
1y ago
KUALA LUMPUR, April 24 (Bernama) -- The timeline for completion of the Aerotrain project at KL International Airport (KLIA) is completely unrelated to the recent privatisation of Malaysia Airports Holdings Bhd (MAHB), said its chairman Dr Nungsari Ahmad Radhi.
1y ago
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian construction sector is largely insulated from the direct impact of Liberation Day, which brought tariffs to over 180 trading partners, with reciprocal rates ranging between 10 and 49 per cent across ASEAN.
1y ago
KUALA LUMPUR, April 16 (Bernama) -- XPENG, a high-tech smart mobility company, has unveiled its upgraded AI Tech Tree strategy and introduced its 2025 X9 flagship vehicle, marking a significant leap toward a smarter, artificial intelligence (AI)-driven mobility future.
1y ago
KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd is accelerating its diversification efforts, with plans to launch an in-house electric vehicle (EV) charger brand by the second quarter of 2025 (2Q2025), while also preparing to transition from a trading-based business to a lubricant manufacturer.
1y ago
KOTA KINABALU, April 12 (Bernama) -- Sabah Housing and Urban Development Authority (LPPB) today raised concerns over surging prices of construction materials such as cement, bricks, fertilisers and timber, which have recorded significant increases since January.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.