Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook

KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.

Bursa Malaysia Opens Lower Amid Wall Street Mixed Performance

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower this morning amid Wall Street’s mixed performance overnight, said an analyst.  

LRT3 Scheduled To Begin Operation On Sept 30 -- Mot

KUALA LUMPUR, Feb 27 (Bernama) -- The Light Rail Transit Line 3 (LRT3) in the Klang Valley is scheduled to start operation on Sept 30, 2025, after the project’s hand-over to Prasarana Malaysia Bhd by the turnkey contractor on July 31.

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Synchronoss To Discuss Q4, Full Year 2024 Financial Results On Conference Call

KUALA LUMPUR, Feb 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) announced it will hold a conference call on March 11 to discuss its financial results for the fourth quarter (Q4) and full year ended Dec 31, 2024.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

Mavenir, Aira Technologies Partner To Enhance 5G Spectral Efficiency And Throughput

KUALA LUMPUR, Feb 26 (Bernama) -- Mavenir and Aira Technologies, a pioneer in artificial intelligence (AI)-driven network automation, have successfully demonstrated a high-fidelity MIMO channel estimation and prediction solution.

Affin Bank's Profit Up 26.7 Pct In 2024 Amid Higher Income, Write-back Of Impairment Losses

KUALA LUMPUR, Feb 25 (Bernama) -- Affin Bank Bhd’s net profit increased 26.7 per cent to RM509.70 million for the financial year ended Dec 31, 2024 (FY2024) from RM402.19 million in the preceding year due to a higher income as well as higher write-back of credit impairment losses by RM229.6 million.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

HLTF-EI Discusses End-term Review Of AEC Blueprint 2025 -- MITI Sec-gen

KOTA TINGGI, Feb 25 (Bernama) -- The End-Term Review of the ASEAN Economic Community (AEC) Blueprint 2025 was among the matters discussed at the The 47th High-Level Task Force on ASEAN Economic Integration (HLTF-EI).

KAYTUS V3 Server Sets SPEC CPU 2017 Records With 70 Pct Performance Boost

KUALA LUMPUR, Feb 25 (Bernama) -- KAYTUS, an end-to-end artificial intelligence (AI) and liquid cooling solutions provider, has announced its dual-socket V3 series server, KR1280V3, has secured top rankings in the latest SPEC CPU 2017 benchmark results published by the internationally recognised Standard Performance Evaluation Corporation (SPEC).