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RHBIB Remains Upbeat On Binastra Corp's Prospect

KUALA LUMPUR, June 20 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat on Binastra Corporation Bhd's prospects, projecting earnings to grow at a compound annual growth rate (CAGR) of 132 per cent for three financial years (FYs) between 2025 and 2028.

Binastra Records 43 Pct Revenue Growth,; Order Book At RM4.1 Bln In 1Q

KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.

Construction Sector 2Q Earnings Keep Upward Momentum - CIMB Securities

KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.

Malaysia To Consider Adopting Nuclear Energy To Accelerate Net Zero Target 2050 -- PETRA

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has to relook the whole energy triangle, including the possibility of adopting nuclear energy, in order to achieve its net-zero carbon emissions target by 2050, said Deputy Minister of the Energy Transition and Water Transformation Ministry (PETRA), Akmal Nasrullah Mohd Nasir.

Taiwan’s Non-life Premiums Rise On Improved Underwriting Practices - AM Best

KUALA LUMPUR, June 16 (Bernama) -- Global credit rating agency, AM Best in its new report, has unveiled that Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5 per cent to reach TWD 278.5 billion (US$9.2 billion). (US$1=RM4.23)

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

Economic News Reporting Skills Pivotal As Tariffs Dominate Global Headlines

KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.

Extended SST Timely And Essential To Beef Up Economic Resilience

A Commentary By Nurul Hanis Izmir

PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.

Papa Johns Launches Croissant Pizza With Artistic KidSuper Hot Bag

KUALA LUMPUR, June 12 (Bernama) -- Papa Johns is redefining pizza innovation with the global release of its latest culinary creation, the all-new Croissant Pizza, delivered in a custom-made hot bag to a select number of customers.

Local Agricultural Produce Not Subject To Sales Tax, Says MOF

KUALA LUMPUR, June 11 (Bernama) -- The Ministry of Finance (MOF) has clarified that agricultural produce grown in Malaysia are not subject to sales tax under the expanded Sales and Service Tax (SST).

World Bank Revises Malaysia's 2025 GDP Growth Forecast To 3.9 Pct

KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s gross domestic product (GDP) growth forecast for 2025 has been revised to 3.9 per cent, a 0.6 percentage-point downgrade from January 2025’s projection, according to the World Bank’s Global Economic Prospects report.

Energy Asia 2025 Set To Draw 4,000 Global Delegates

KUALA LUMPUR, June 10 (Bernama) -- Energy Asia 2025 is set to attract more than 4,000 international delegates when it returns for its second edition from June 16 to 18, at the Kuala Lumpur Convention Centre.