SP Setia's 2Q FY2025 Net Profit Drops To RM99.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- SP Setia Bhd's second quarter (2Q) net profit ended June 30, 2025 (FY2025) dropped to RM99.8 million from RM295.03 million in the same quarter a year ago.

Cypark Secures Islamic Financing Facilities Of Up To RM1.3 Bln From MBSB Bank

KUALA LUMPUR, Aug 19 (Bernama) -- Cypark Resources Bhd (Cypark) and its wholly-owned subsidiary Cypark Smart Technology Sdn Bhd have secured Islamic financing facilities worth up to RM1.3 billion from MBSB Bank Bhd.

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

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. 

MITI Hopes For Greater Support For Industry-based SMEs In Budget 2026 -- Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is hopeful that small and medium enterprises (SMEs) will be appropriately supported to better prepare them for export and enter new markets, as part of its Budget 2026 wishlist.

Malaysia To Push For Substantial Conclusion Of DEFA Negotiations At AEM Meeting – Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 18 (Bernama) -- Malaysia will push for a “substantial conclusion” of the ASEAN Digital Economy Framework Agreement (DEFA) at the ASEAN Economic Ministers’ (AEM) Meeting from Sept 24 to 26 in Kuala Lumpur, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Agrobank's iTEKAD Empowers Agropreneurs Through MD2 Pineapple Farming

KANGAR, Aug 17 (Bernama) -- Agrobank remains committed to empowering the asnaf (tithe recipients)  and B40 groups through the disbursement of iTEKAD grants amounting to RM100,000 to 20 selected agropreneurs for the implementation of the MD2 pineapple planting project in Chuping near Padang Besar yesterday.  

Adoption Of Digital Platforms Helped Sustain, Expand Microfinance Activities Since COVID-19 – Yunus

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 17 (Bernama) — The adoption of digital platforms has not only sustained but also expanded microfinance operations since the COVID-19 pandemic, said Grameen Bank founder Prof Dr Muhammad Yunus. 

ASEAN Poised To Lead Global South In Low-carbon, Sustainable Growth -- Tengku Zafrul

SUBANG JAYA, Aug 16 (Bernama) -- ASEAN can set the benchmark for sustainable growth in the Global South if  policies, businesses, and people are aligned towards a low-carbon future, said the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia's Household Debt Manageable At 84.3 Pct Of GDP -- BNM Governor

KUALA LUMPUR, Aug 15 (Bernama) -- Malaysia’s household debt stands at about 84.3 per cent of gross domestic product (GDP), a level deemed appropriate for the country’s economic conditions, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Net Fund Of RM42.17 Bln Disbursed To 1MDB Up To July 2025 For Debt Repayments, Company Commitments

KUALA LUMPUR, Aug 13 (Bernama) -- A total net fund of RM42.17 billion has been channeled to 1Malaysia Development Bhd (1MDB) to finance its debt repayments and meet its commitments as of July 31, 2025, the Finance Ministry (MoF) said.

SME Bank Empowers 5,735 Entrepreneurs In 1H 2025, Up 158 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- Small Medium Enterprise Development Bank Malaysia (SME Bank) has empowered 5,735 entrepreneurs in the first half of 2025 (1H 2025), an increase of 158 per cent against the 2,225 entrepreneurs recorded in 1H 2024.