Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln

KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.

IGB REIT's Shares Up After Posting Positive 2Q Results

KUALA LUMPUR, July 30 (Bernama) -- IGB Real Estate Investment Trust’s (IGB REIT) shares rose in early trade on Wednesday after posting stronger earnings for the second quarter (2Q) ended June 30, 2025.

MOF Attributes EPF Income Drop To Softer Equity Market Performance

KUALA LUMPUR, July 29 (Bernama) -- The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year.

IGB REIT Net Profit Rises To RM92.51 Mln In Second Quarter On Higher Rental Income

KUALA LUMPUR, July 29 (Bernama) -- IGB Real Estate Investment Trust’s net profit rose to RM92.51 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM81.55 million in the same period a year ago.

Maxim Confirms All Its Active Drivers Hold Valid EVP

KUALA LUMPUR, July 29 (Bernama) -- Maxim Malaysia said it has ensured that all its active partner-drivers possess valid e-hailing vehicle permits (EVP) and have the opportunity to obtain insurance through the company’s partners.

Govt's RM100 Cash Aid To Spur Spending, Benefit Small Traders - Consultant

KUALA LUMPUR, July 29 (Bernama) -- The government’s RM100 one-off cash assistance is expected to generate a significant ripple effect for local economies, particularly benefiting small traders, wet market operators and neighbourhood retailers across the country.

BMI Maintains Positive Outlook For Consumer Spending In Malaysia Over 2025, 2026

KUALA LUMPUR, July 29 (Bernama) -- BMI, a Fitch solutions company, has maintained its broadly positive outlook for consumer spending in Malaysia over 2025, with the country’s healthy macroeconomic outlook driving real-term growth in household incomes. 

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

Multitude Of Positive Factors Entrench Malaysia’s Economy On Growth Trajectory – BNM Governor

By Karina Imran

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.

TNB Shares Slip At Mid-morning After RM840.1 Mln IRB Tax Notice

KUALA LUMPUR, July 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares slip at mid-morning trading after receiving a notice seeking an additional RM840.1 million in assessment for 2022 from the Inland Revenue Board (IRB).

Citadel Trustee, Chester Group Tie Up To Transform Malaysia’s Real Estate Management

KUALA LUMPUR, July 25 (Bernama) -- Citadel Trustee Bhd and Chester Group are set to introduce a pioneering real estate management platform to deliver robust growth, capital preservation, and multi-generational wealth planning, following a strategic partnership that was inked today.