Nestlé’s 1Q 2025 Net Profit Falls To RM161.34 Mln, Revenue Slips To RM1.77 Bln

KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.

Malaysia-Maldives Strengthen Economic Ties, Eye Investment Opportunities

PUTRAJAYA, April 28 (Bernama) -- The Maldives is eager to tap into Malaysia's investment potential, particularly in key growth sectors, according to Maldives President Dr Mohamed Muizzu, who arrived in Malaysia today for a four-day official visit.

Ringgit Set To Hover Between RM4.37 And RM4.38 Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Ringgit Opens Marginally Higher As US Dollar Weakens On Fed Rate Cut Hopes

KUALA LUMPUR, April 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, as the greenback reacted to growing prospects of a lower US Federal Reserve interest rate.

RHB: US Tariffs Prompt Manufacturing Shift, Rushed Orders In Malaysia's Tech Sector

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s technology (tech) sector should benefit from a surge in rushed orders and the intensified reallocation of manufacturing activities to ASEAN following the United States (US) tariff imposition, said RHB Investment Bank Bhd.

Rubber Market Ends Lower Tracking Weaker Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 22 (Bernama) -- The Malaysian rubber market ended lower today tracking the weaker regional rubber futures markets and a stronger ringgit versus the US dollar, said a dealer. 

OCBC Cuts Malaysia’s 2025 GDP Forecast To 4.3 Pct

KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook. 

CGS International Revises Malaysia 2025 GDP Growth To 4.2 Pct

KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.

EcoWorld Up 4 Pct On PD Industrial Park Development

KUALA LUMPUR, April 21 (Bernama) -- Share prices of Eco World Development Group Bhd (EcoWorld) rose in early trade on Monday after signing a tripartite agreement with SD Guthrie Bhd and NS Corporation to transform 483.59 hectares in Bukit Pelandok, Port Dickson, into an integrated industrial park.

FBM KLCI Set To Test 1,500-level Next Week On Improved Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, April 19 (Bernama) -- Key market index FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to continue testing the 1,500-point psychological level next week, with a sustained breakout likely to boost investor confidence and attract foreign inflows.

HLIB Bullish On MNH DC Prospects, Lifts Target To RM1.74

KUALA LUMPUR, April 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive on the outlook for MN Holdings Bhd (MNH), citing its strong exposure to high-growth sectors such as solar and data centres (DC).

Bursa Malaysia Ends Lower On Profit-taking, Trade Tariff Concerns

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs.