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Snowflake Sees Malaysia As Top Destination, Important ASEAN Economy For Expansion

From Nor Baizura Basri

SAN FRANCISCO, June 2 (Bernama) -- Snowflake, a global cloud computing company, views Malaysia as one of its top priority markets and among the most important economies in ASEAN for expanding operations, especially amid rising interest from the world’s top companies looking to invest in open data and data centres in the country.

Axiata Appoints Didi Syafruddin As Independent Non-Executive Director

KUALA LUMPUR, May 30 (Bernama) -- Axiata Group Bhd has appointed Didi Syafruddin Yahya as an independent non-executive director, effective June 1, 2025. 

Ibraco's Commercial Precinct NorthBank Central Almost Fully Taken Up

KUCHING, May 30 (Bernama) -- NorthBank Central, the commercial heart of flagship township The NorthBank here is nearing full acquisition, which marks a major milestone in the company’s vision for an integrated, future-ready township, property developer Ibraco Bhd said.

KPJ Healthcare Posts RM57.1 Mln Net Profit In 1Q FY2025

KUALA LUMPUR, May 29 (Bernama) -- KPJ Healthcare Bhd's net profit decreased to RM57.1 million in the first quarter of the financial year ending Dec 31, 2025 (1Q FY2025), down from RM71.4 million in 1Q FY2024.

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

ACE Market-Bound ASM Automation Aims To Raise RM21.82 Mln From IPO

KUALA LUMPUR, May 29 (Bernama) -- Automation machinery solutions specialist ASM Automation Group Bhd aims to raise RM 21.82 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia Securities Bhd on July 2, 2025.

AICB Reaffirms Role In Shaping Future-Ready Bankers

KUALA LUMPUR, May 29 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed the growing importance of nurturing future-ready and ethical banking and finance professionals, amid rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating pace of digital transformation and fintech.

Samaiden Signs Long-Term Lease For Solar Project In Kelantan

KUALA LUMPUR, May 28 (Bernama)— Samaiden Group Bhd’s (Samaiden) wholly-owned unit, Samaiden Legasi Timur Sdn Bhd (SLTSB), has signed a long-term lease agreement with Perbadanan Kemajuan Iktisad Negeri Kelantan (PKINK) for the development of a large-scale solar photovoltaic (LSS) power plant under Malaysia’s LSS5 programme.

Timor-Leste PM’s Visit To Weststar Signals Stronger Bilateral Ties In Aviation, Energy

KUALA LUMPUR, May 28 (Bernama) -- The official visit by Timor-Leste Prime Minister Kay Rala Xanana Gusmao to Weststar Group’s headquarters reflects the shared commitment of both Weststar Group and the Timor-Leste government to strengthening bilateral cooperation in aviation, energy support services, and economic development.

E&O's FY2025 Net Profit Surges To RM168.65 Million

KUALA LUMPUR, May 28 (Bernama) -- Eastern and Oriental Bhd’s (E&O) net profit jumped to RM168.64 million in the financial year ended March 31, 2025 (FY2025) from the previous financial year’s RM133.60 million.

Microsoft To Accelerate AI Innovation Through BINA AI Initiative

KUALA LUMPUR, May 28 (Bernama) -- Microsoft unveiled the BINA AI Malaysia, an initiative to support the country’s next phase of artificial intelligence (AI) transformation.

AmBank Approves RM70 Mln Financing For Sunview’s Solar Project In Kedah

KUALA LUMPUR, May 28 (Bernama) -- AmBank Group, through AmBank Islamic Bhd, has approved RM70 million to Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd (FSSB), to part-finance the construction of a 29.99 MegaWatt ground-mounted photovoltaic solar power plant in Kedah.