1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd has posted a higher net profit of RM189.91 million in the second quarter of its financial year ending March 2025 (2Q FY2025) compared to RM185.33 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd posted a higher net profit of RM2.03 billion in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM1.85 billion in the same period last year.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) – There are untapped business opportunities that Malaysia can explore with Russian businesses, particularly amid concerns about rising tariffs, offering both countries a chance to grow trade volumes and strengthen economic ties.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- A total of 20 companies have been granted nearly RM1.5 million through the Indian Business Accelerator Programme (I-BAP), an SME Corporation Malaysia (SME Corp) initiative designed to support small businesses owned by Indian entrepreneurs in Malaysia.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The government has urged local manufacturing companies to take heed of the final destination of goods exported to foreign countries to avoid being affected by the sanctions imposed by the United States (US) on Russia.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.