Hibiscus Petroleum Posts Lower 1Q Net Profit Of RM75.60 Mln

KUALA LUMPUR, Nov 19 (Bernama) -- Hibiscus Petroleum Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2024, slipped to RM75.60 million from RM154.30 million posted in the same quarter last year. 

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Healthy Pipeline Of Applications For BKIP 3 From Potential Investors - InvestPenang

GEORGE TOWN, Nov 17 (Bernama) -- Batu Kawan Industrial Park 3 (BKIP 3) is seeing a healthy pipeline of applications from interested investors, according to InvestPenang.

AAX’s Maiden Flight To Nairobi Hits 90 Pct Passenger Load Factor 

NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.

Digital Transformation Fuels Growth, Resilience For Malaysian SMEs

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian small and medium enterprises (SMEs) are using digital solutions to navigate market disruptions and expand their reach, according to market observers.

APEC 2024 Theme Aligns With ASEAN's 2025 Theme Of Inclusivity & Sustainability -- Tengku Zafrul

KUALA LUMPUR, Nov 14 (Bernama) -- The theme of the 31st Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week (AELW) 2024, “Empower, Include, Grow”, aligns with ASEAN's 2025 theme of "Inclusivity and Sustainability" which Malaysia will chair next year.

Labuan’s IDAC on Track To Achieve US$1 Bln In Shariah-compliant digital Assets

LABUAN, Nov 8 (Bernama) -- Labuan’s Islamic Digital Asset Centre (IDAC), launched in 2022, has marked major milestones, with digital assets now collectively valued at US$820 million.

JS-SEZ On Track To Be Signed On Dec 9 - Onn Hafiz

KULAI, Nov 7 (Bernama) -- The joint agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to be signed on Dec 9, 2024, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.

Proton October Sales Up 13.6 Pct, YTD Hits 125,557 Units

KUALA LUMPUR, Nov 5 (Bernama) -- Proton Holdings Bhd reported sales of 12,799 units for domestic and export markets in October, a 13.6 per cent increase over the previous month’s 11,269 units, raising its year-to-date (YTD) sales volume to 125,557 units.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

Malaysia On Track To Become Third Largest Data Centre Hub In Asia - HLIB

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia is on track to become the third-largest data centre market in Asia, after Japan and India with key sector beneficiaries being utilities, renewable energy (RE), property, and telecommunication, among others, said Hong Leong Investment Bank Bhd (HLIB).