Govt Pledges To Keep Health Inflation Moderate, Sarawak At 1.5 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings

KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).

KPKS Perak Visits China To Advance SME Technology

GUANGZHOU (China), Nov 25 (Bernama) -- The Kinta Small and Medium Business Sustainability Association (KPKS) Perak has led a delegation to China to strengthen ties and explore collaboration opportunities with the country’s small and medium-sized enterprises (SMEs).

CPO Futures Set To Trade With Bullish Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, driven by potential bargain-buying activity after the recent selldown, a dealer said.

Ringgit Retreats After Three Days Of Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.

Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q

KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.

Affin Bank 3Q Net Profit Rises To RM145.82 Mln

KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.

Oriental Holdings 3Q Net Profit Falls 70.1 Pct To RM88.87 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Oriental Holdings Bhd has recorded a 70.1 per cent lower net profit to RM88.87 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM297.42 million in the same period last year.

Sunway Construction’s Net Profit Rises To RM46.47 Mln In 3Q 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) increased to RM46.47 million from RM35.01 million in the same quarter last year.

Can-One Posts Net Loss Of RM100.53 Mln In 3Q

KUALA LUMPUR, Nov 21 (Bernama) — Can-One Bhd posted a net loss of RM100.53 million in the third quarter of financial year 2024 (3Q FY2024) against a net loss of RM23.11 million in 3Q FY2023.

Petron Malaysia Records Sharp Fall In 3Q Net Profit

KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.

DRB-Hicom Posts RM282.56 Mln Pre-tax Profit For First Nine Months Of FY2024

KUALA LUMPUR, Nov 21 (Bernama) -- DRB-Hicom Bhd posted a pre-tax profit of RM282.56 million for the first nine months ended Sept 30, 2024 (9M FY2024) supported by stable revenue of RM12.23 billion, reflecting a marginal increase of 1.2 per cent compared to the same corresponding period last year.