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Asia Vision Capital Partners JYSigma To Enhance Regional Private Equity Real Estate Funds Business

JOHOR BAHRU, June 9 (Bernama) -- Venture capital company Asia Vision Capital Sdn Bhd (AVC) has teamed up with JYSigma Business Consultancy (JBC) to enhance investor engagement for its private equity real estate funds in the region.

e-invoice System Postponed After Considering Business Owners' Concerns - Lim

GEORGE TOWN, June 8 (Bernama) – The government has postponed the implementation of the e-invoice system after weighing the concerns of business owners, particularly the micro, small, and medium enterprises (MSMEs), said Deputy Finance Minister Lim Hui Ying.

IOIPG's Acquisition Of Scottsdale Properties A Strategic, Value-accretive Move - HLIB

KUALA LUMPUR, June 5 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) proposed acquisition of Scottsdale Properties Pte Ltd is viewed as a strategic and value-accretive move, Hong Leong Investment Bank (HLIB) said. 

Unison’s Stingless Bee Innovation Positions Malaysia For Expo 2025 Spotlight

KUALA LUMPUR, June 4 (Bernama) -- Unison Technology & Manufacturing (M) PLT is introducing modular hive systems and training initiatives to strengthen stingless bee farming and rural livelihoods in Malaysia in line with the country’s participation in Expo 2025 Osaka.

EPF Records Total Investment Income Of RM18.31 Bln For 1Q 2025

KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.

Thailand’s Asian Re Credit Ratings Upgraded - AM Best

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the long-term issuer credit rating to “bbb” (Good) from “bbb-” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).

Penang FAMA Roadshow Helps Bumiputera Entrepreneurs Expand Market Reach

KOTA BHARU, May 30 (Bernama) -- The Federal Agricultural Marketing Authority (FAMA) is offering Bumiputera entrepreneurs opportunities to participate in the Jelajah FAMA Pulau Pinang programme as a means to increase their income.

Mah Sing Posts Higher Net Profit Of RM66.04 Mln In 1Q 2025, On Track For Full-Year Sales Target

KUALA LUMPUR, May 30 (Bernama) -- Mah Sing Group Bhd's net profit increased to RM66.04 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.05 million in 1Q 2024, supported by an increase in the property development segment. 

CIMB Records RM1.97 Bln Net Profit In 1Q FY2025

KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

BNM: Malaysia's International Reserves Assets At US$118.70 Bln As Of End-April

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).

IOI Properties' 3Q 2025 Net Profit Drops To RM 76.13 Mln

KUALA LUMPUR, May 28 (Bernama) -- IOI Properties Group Bhd’s net profit for the third quarter ended March 31, 2025 (3Q 2025), dropped to RM76.13 million from RM220.21 million in the same quarter last year.