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Hong Leong Financial Group 3Q Net Profit Falls To RM714.12 Mln

KUALA LUMPUR, May 28 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the third quarter of its financial year ending June 30, 2025 (3Q FY2025) fell to RM714.12 million compared with RM818.07 million in the same period last year.

Rafizi’s Tenure Defined By Bold Moves To Improve People’s Livelihoods

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli, who became the economy minister in December 2022, part of Prime Minister Datuk Seri Anwar Ibrahim’s Cabinet, is known for a myriad of initiatives to improve people’s livelihoods.

RHB Bank's 1Q Profit Rises To RM750.03 Mln

KUALA LUMPUR, May 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM750.03 million for the first quarter ended March 31, 2025 (1Q 2025) compared with RM730.17 million in the same period last year.

ASEAN, GCC Countries, China Keen To Cooperate With Malaysia In Halal Industry — Tengku Zafrul

KUALA LUMPUR, May 28 (Bernama) — Several ASEAN countries, Gulf Cooperation Council (GCC) countries and China are keen to work with Malaysia to share experiences in the halal industry.

MNRB Holdings FY2025 Net Profit At RM394.20 Mln, Demonstrates Resilience

KUALA LUMPUR, May 27 (Bernama) -- MNRB Holdings Bhd posted a lower net profit of RM394.20 million for the financial year ended March 31, 2025 (FY2025), compared with RM433.54 million recorded in the preceding year.

IGB Posts Lower Net Profit Of RM89.07 Mln In 1Q

KUALA LUMPUR, May 27 (Bernama) -- IGB Bhd posted a lower net profit of RM89.07 million in the first quarter of its financial year ended Dec 31, 2025 (1Q 2025), compared to RM185.34 million in the same period a year ago.

Astral Asia's Unit Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

AC Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

Sentral REIT To Acquire Arcoris Plaza's Assets For RM70 Mln

KUALA LUMPUR, May 27 (Bernama) -- Sentral Real Estate Investment Trust (REIT) Management Sdn Bhd has inked a conditional sale and purchase agreement (SPA) to acquire UEM Sunrise Bhd's asset at Arcoris Plaza Development here for RM70 million.

ASEAN Adopts Ambitious Economic Plan To Make Next Leap, Renews Quest For A Single Market

A Commentary By M.Saraswathi

KUALA LUMPUR, May 26 (Bernama) -- The leaders of Southeast Asia’s 10-member grouping have adopted an ambitious new economic strategy that envisions a developed ASEAN as the epicentre of growth in the larger Asia-Pacific region, elevating its stature to emerge as the world’s fourth-largest economy.

AmBank Group Posts Higher FY2025 Net Profit Of RM2 Bln

KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.