Nestle Malaysia's Net Profit Falls To RM415.62 Mln In FY2024

KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.

18 PEDs Endorsement, AEC Plan Review Among 31st AEM Highlights – MITI

By Norsyafawati Ab Wahab and Mohd Khairi Idham Amran

KOTA TINGGI, Feb 25 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat, set for Friday in Desaru, is expected to see all member states endorsing the 18 Priority Economic Deliverables (PEDs) and reviewing progress on the ASEAN Economic Community (AEC) Strategic Plan 2026-2030.  

MAVCOM-CAAM Merger Progressing Well, Timeline Yet To Be Set – Hasbi

KUALA LUMPUR, Feb 25 (Bernama) -- The merger of the Malaysian Aviation Commission (MAVCOM) and the Civil Aviation Authority of Malaysia (CAAM) is progressing well, though no specific timeline has been set, Deputy Transport Minister Datuk Hasbi Habibollah said.  

Timor-Leste Will Be 'Very Good New Member' Of ASEAN -- MITI Sec-Gen

By Mohd Khairi Idham Amran and Norsyafawati Ab Wahab

KOTA TINGGI, Feb 25 (Bernama) -- As Malaysia takes on the ASEAN chairmanship in 2025, it is confident that Timor-Leste will be a "very good new member" to the regional bloc, said the secretary-general of the Ministry of Investment, Trade and Industry (MITI) Datuk Hairil Yahri Yaacob.

Bursa Malaysia Derivatives Hits All-time High Of 22.75 Mln Contracts In 2024 -- Abdul Wahid

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.  

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

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.

Southern Cable Secures Contracts Worth RM403.6 Mln From TNB

KUALA LUMPUR, Feb 19 (Bernama) -- Southern Cable Group Bhd's unit Southern Cable Sdn Bhd has secured contracts totalling RM403.6 million from Tenaga Nasional Bhd (TNB) to supply underground cables and conductors for one year from February 2025. 

Over 24,000 Taxpayers In Malaysia Have Used e-Invoicing System

TELUK INTAN, Feb 18 (Bernama) -- A total of 24,700 taxpayers have used the e-invoicing system, with about 173 million e-invoices having been issued as of Feb 13.

Teo Seng Capital FY2024 Net Profit Rises To RM183.36 Mln

KUALA LUMPUR, Feb 17 (Bernama) -- Teo Seng Capital Bhd posted a higher net profit of RM183.36 million for the financial year ended Dec 31, 2024 (FY2024), up from RM155.80 million a year earlier.  

Malaysia Can Drive ASEAN-China Synergies In Achieving Asian Century - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) — Malaysia could drive ASEAN-China synergies to achieve the Asian Century, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Kinergy Advancement Partners PKNPK To Develop 29 RE Projects In Perak

KUALA LUMPUR, Feb 17 (Bernama) -- Kinergy Advancement Bhd’s (KAB) wholly owned subsidiary KAB Energy Holdings Sdn Bhd (KABEH) is collaborating with Perbadanan Kemajuan Negeri Perak (PKNPk) for the development of 29 potential renewable energy (RE) projects in Perak with a total capacity of over 1,800 megawatts (MW).