AMMB Net Profit Rises To RM516 Mln In 1Q 2025
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago.
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Research Firms Raise Malaysia's 2025 GDP Growth Forecast To 4.2-4.3 Pct
KUALA LUMPUR, Aug 18 (Bernama) -- Research firms have raised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent and 4.3 per cent following its expansion by 4.4 per cent in the second quarter of 2025 (2Q 2025).
Felcra Posts RM178 Mln Profit, To Disburse Rm101 Mln As First Interim Distributable Income
PASIR SALAK, Aug 17 (Bernama) -- Felcra Bhd has recorded a profit of RM178 million for up to April 2025, showing an increase compared to the previous year.
Penang Showcasing Investment Opportunities At Global Tamil Entrepreneurs And Professionals Summit
BUTTERWORTH, Aug 15 (Bernama) -- The 15th Global Summit of Tamil Entrepreneurs and Professionals, which is held in Penang, provides a significant opportunity to promote the state as a strategic investment destination and serve as a platform for connecting entrepreneurs.
RHB IB Keeps Malaysia’s 2025 GDP Growth Forecast At 4.2 Pct, With Upside To 4.4 Pct
KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.
SBC Medical Posts US$43 Mln Q2 Revenue, Net Income Falls 87 Pct
KUALA LUMPUR, Aug 15 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported second-quarter (Q2) revenue of US$43 million, an 18 per cent year-over-year (YoY) decline, as the company continues to realign its business around higher-margin services and scalable growth. (US$1=RM4.21)
AKPK Offers Free Financial Advisory Service For MHIT Policyholders Facing Premium Hikes
KUALA LUMPUR, Aug 15 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has introduced a free financial management service to assist policyholders affected by premium increases for their medical and health insurance and takaful (MHIT) plans.
Malaysia's Economy Grows 4.4 Pct In 2Q 2025, Driven By Robust Domestic Demand
KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, driven by robust domestic demand as household spending was higher.
MBSB IB Maintains Positive Call On Insurance Sector Despite Healthcare Inflation
KUALA LUMPUR, Aug 15 (Bernama) -- MBSB Investment Bank (MBSB IB) has maintained its “positive” recommendation on the insurance sector, citing attractive valuations and high dividend yields despite persistent healthcare inflation and delays in healthcare cost-control reforms.
Positive Outlook For Mr D.I.Y., Company On Track To Hit 2025 Store Target
KUALA LUMPUR, Aug 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects MR D.I.Y. Group (M) Bhd’s outlook to remain positive with expectations for earnings tailwinds from the appreciation in the ringgit versus the yuan.
HSBC Malaysia Unveils Enhanced Premier Service For Affluent Market
KUALA LUMPUR, Aug 13 (Bernama) -- HSBC Malaysia has launched its all-new HSBC Premier service, designed for affluent and high-net-worth customers with an expanded suite of wealth, health, travel and international banking solutions.
Pepper Prices On Continuous Uptrend This Year - Chan Foong Hin
TAWAU, Aug 12 (Bernama) -- The local pepper industry recorded continuous price increases in the first seven months of this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.