Ingredion Boosts Forecast As Profit Climbs, Sales Slip

KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)

MICCI Backs MITI's Appointment As Sole Issuer Of NPCO For US-bound Exports

KUALA LUMPUR, May 6 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) fully supports the government’s decision to appoint the Ministry of Investment, Trade and Industry (MITI) as the sole issuer of non-preferential certificates of origin (NPCO) for exports to the United States, effective today.

Zahid: NGCC Underscores Malaysia’s Commitment To Global Competitiveness

KUALA LUMPUR, May 6 (Bernama) -- The establishment of the National Geo-Economic Command Centre (NGCC) clearly demonstrates the government's commitment to safeguarding national interests and ensuring that Malaysia remains competitive on the global stage.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Malaysia's GDP To Moderate At 4.0 Pct In 2025 - MIDF Amanah

KUALA LUMPUR, May 2 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of 4.0 per cent in 2025, compared to 5.1 per cent in 2024.

Perma-Pipe FY24 Sales Up, Backlog Doubles To US$138 Mln

KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)

ECWI Up After Ending Agreement Limiting Its Role In Malaysian Property Sector

KUALA LUMPUR, May 2 (Bernama) -- Eco World International Bhd’s (ECWI) share price rose in the morning trading session after the company’s proposal to end a collaboration it entered into with Eco World Development Group Bhd (EcoWorld Malaysia) to explore property investment and development opportunities in Malaysia.

RISDA Finds New Source of Wealth For The Country, Eyes Launch By Early 2026

By Nadia Jumri

KUALA LUMPUR, May 1 (Bernama) -- The Rubber Industry Smallholders Development Authority (RISDA) is finalising a preliminary study on the development of biofuel products based on scrap rubber, with a target to announce its effectiveness for widespread use by early 2026. 

RISDA Finds New Source of Wealth For The Country, Eyes Launch By Early 2026

KUALA LUMPUR, May 1 (Bernama) -- The Rubber Industry Smallholders Development Authority (RISDA) is finalising a preliminary study on the development of biofuel products based on scrap rubber, with a target to announce its effectiveness for widespread use by early 2026. 

BNM: Malaysia’s Official Reserves Assets At US$117.49 Bln As Of End-March 2025

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).

Manufacturing Sector Powers Kelantan’s Economic Progress As ECERDC Spurs RM1.21 Bln In Investments

KUALA LUMPUR, April 29 (Bernama) -- Kelantan’s transformation into an emerging industrial hub continues to gain momentum as the East Coast Economic Region Development Council (ECERDC) secures RM1.21 billion in realised investments, driven primarily by the manufacturing sector.

Bursa Malaysia’s Net Profit For 1Q 2025 Falls To RM68.42 Mln

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.