| LATEST NEWS | BAP distribution to 5.2 million students, involving an allocation of RM800 million, expected to be completed this week - Fadhlina | MCMC mulls suing X following Grok's failure to comply with national security laws - Fahmi | MPOB will introduce an official Used Cooking Oil reference price in the first quarter of 2026 - Noraini Ahmad | The average crude palm oil price increased by 2.7 pct to RM4,292 per tonne in 2025 from RM4,179 in 2024 - Noraini Ahmad | Export revenue for palm oil and palm-based products is expected to exceed RM100 bln, with crude palm oil production approaching 20 mln tonnes - Noraini Ahmad | |
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.
KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.
KUALA LUMPUR, May 28 (Bernama) -- AmBank Group, through AmBank Islamic Bhd, has approved RM70 million to Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd (FSSB), to part-finance the construction of a 29.99 MegaWatt ground-mounted photovoltaic solar power plant in Kedah.
KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.
KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).
KUALA LUMPUR, May 27 (Bernama) -- IGB Bhd posted a lower net profit of RM89.07 million in the first quarter of its financial year ended Dec 31, 2025 (1Q 2025), compared to RM185.34 million in the same period a year ago.
KUALA LUMPUR, May 27 (Bernama) -- Khairul Azwan Harun has ended his service as the chairman of the Halal Development Corporation (HDC) Bhd, effective May 17, according to the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, May 27 (Bernama) -- The Asian Productivity Organization (APO) concluded its 67th Governing Body Meeting (GBM) in Jakarta on a high note, setting the course for the organisation's future through key leadership changes and strategic discussions.
KUALA LUMPUR, May 27 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit for the first quarter ended March 31, 2025 (1Q FY2025) declined to RM94.54 million from RM102.3 million recorded in the same period last year.
KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s economy is expected to maintain its growth trajectory, albeit at a more moderate pace, supported by solid economic fundamentals, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, May 24 (Bernama) -- The inaugural ASEAN Women Economic Summit 2025 (AWES 2025) marks a pivotal step in Southeast Asia’s pursuit of inclusive economic growth, with a focus on ensuring that every woman in the region plays a role in driving progress and energising ASEAN’s future.
KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.
