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MIDF Leveraging Islamic Finance To Drive Industrial Transformation

KUALA LUMPUR, June 4 (Bernama) -- The Malaysian Industrial Development Finance Bhd (MIDF) is leveraging Islamic finance to accelerate the country’s industrial transformation, particularly in high-growth sectors such as advanced manufacturing, green technology, the digital economy, and halal industries.

Snowflake Can Play An Important Part In ASEAN's DEFA

From Nor Baizura Basri

SAN FRANCISCO, June 4 (Bernama) -- US-based cloud company Snowflake said it could play an important part in the ASEAN Digital Economy Framework Agreement (DEFA) as the bloc’s member countries aim to conclude the negotiations by the end of this year.

EPF Records Total Investment Income Of RM18.31 Bln For 1Q 2025

KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.

Axiata Appoints Didi Syafruddin As Independent Non-Executive Director

KUALA LUMPUR, May 30 (Bernama) -- Axiata Group Bhd has appointed Didi Syafruddin Yahya as an independent non-executive director, effective June 1, 2025. 

CIMB Records RM1.97 Bln Net Profit In 1Q FY2025

KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.

Fadillah To Officiate Malaysia Pavilion Opening At Expo 2025 Osaka

From Karina Imran

OSAKA, May 30 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof is scheduled to officiate the opening ceremony of the Malaysia Pavilion at Expo 2025 Osaka, Japan, tomorrow.

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

IHH Healthcare 1Q Net Profit Falls To RM514 Mln

KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.

AICB Reaffirms Role In Shaping Future-Ready Bankers

KUALA LUMPUR, May 29 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed the growing importance of nurturing future-ready and ethical banking and finance professionals, amid rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating pace of digital transformation and fintech.

MISC Shares Down On Weaker 1Q FY2025 Results

KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter. 

Axiata’s Shares Jump On Strong 1Q Net Profit, HLIB Upgrades To ‘Buy’

KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).

TM Posts Lower 1Q Net Profit Of RM401 Mln But Revenue Edges Up

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year.