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Glomac's 1Q Net Profit Rises To RM7.28 Mln

KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

KUALA LUMPUR, Sept 20 (Bernama) --  Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

News In Brief: Sept 19, 2024

News In Brief: Sept 19, 2024

MIHAS 2024 Knowledge Hub Session Offers SMEs Strategies For Export Growth

KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.

Capital A Rises In Early Trade On Network Expansion Plans In Indonesia

KUALA LUMPUR, Sept 20 (Bernama) -- Capital A Bhd rose in early trade today following plans to expand its network in Indonesia, particularly in East Nusa Tenggara. 

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking a rally on Wall Street overnight. 

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Eco World 3Q Net Profit Rises To RM80.44 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2024 (3Q 2024) increased to RM80.44 million from RM66.33 million last year.

Air Passenger Traffic Up 12.7 Pct To 8.7 Mln In August 2024 - MAVCOM

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysian airports served 8.7 million air passengers in August, a 12.7 per cent growth from the 7.7 million passengers recorded in August 2023, reflecting continued robust growth across both international and domestic sectors.

Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan

CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.