9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.
9m ago
KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024.
9m ago
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia rebounded from yesterday’s broad-based sell-off to open higher on Tuesday, lifted by bargain-hunting activity despite Wall Street’s flat overnight performance, an analyst said.
9m ago
KUALA LUMPUR, April 7 (Bernama) -- The implementation of tariffs by the United States (US) is expected to have a direct impact on Malaysia’s gross domestic product (GDP), thus presenting challenges to the country's economic growth for this year and possibly for years to come.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 5 (Bernama) -- The ringgit is projected to trade between 4.41 and 4.42 against the US dollar next week, according to an analyst.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)
9m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Bursa Malaysia was lower in the morning session, taking its cue from Wall Street’s weaker overnight performance and selloff that followed US President Donald Trump’s reciprocal tariff plans announcement.
9m ago
KUALA LUMPUR, April 3 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to engage with the United States to seek a reconsideration of the newly imposed 24 per cent tariff on Malaysian exports.
9m ago
KUALA LUMPUR, April 3 (Bernama) -- As Malaysian manufacturers undergo digital transformation, safeguarding operations, data, and supply chains from rising threats becomes crucial, requiring swift action to bolster cybersecurity defences.
9m ago
KUALA LUMPUR, April 2 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.