Oriental Interest's Net Profit Rises To RM45.484 Mln In 3Q
KUALA LUMPUR, July 24 (Bernama) -- Oriental Interest Bhd’s net profit rose to RM45.484 million for its third quarter ended May 31, 2025 (3QF2025), from RM25.233 million a year earlier.
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Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package
KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).
Govt Has Secured More Than RM63 bln Investments Through NSS As Of March 2025
PETALING JAYA, July 24 (Bernama) -- The government has secured more than RM63 billion of investments under the National Semiconductor Strategy (NSS) as of March this year, with RM5 billion from domestic sources and RM58 billion from foreign sources, said Prime Minister Datuk Seri Anwar Ibrahim.
Dobot Malaysia Targets RM3 Mln Revenue After Local Expansion
SUBANG JAYA, July 24 (Bernama) -- Dobot Malaysia Sdn Bhd is eyeing RM3 million in revenue this year following the expansion of its footprint in Malaysia.
Malaysia Urges ASEAN Unity To Build Integrated Semiconductor Supply Chain
KUALA LUMPUR, July 24 (Bernama) -- Malaysia is ready to collaborate with ASEAN partners and beyond through joint investments, research partnerships and knowledge sharing to turn regional ambitions into reality, said Investment, Trade and Industry Ministry Deputy Minister Liew Chin Tong.
RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks
KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.
Wasco Empowers SMEs On ESG Readiness Ahead Of NSRF Rollout
KUALA LUMPUR, July 23 (Bernama) -- Wasco Bhd is taking early steps to support small and medium-sized enterprises (SMEs) in its supply chain as Malaysia prepares for mandatory environmental, social and governance (ESG) disclosures under the National Sustainability Reporting Framework (NSRF).
Latest Fiscal Support Measures Positive For Consumer Sector -- CIMB Securities
KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd.
Rising Costs, Regulation Fuel Strategic Consolidation In Malaysia’s Data Centre Market - JLL
KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s rapidly growing data centre sector is now entering a consolidation phase, a natural progression observed in more mature markets, according to global commercial real estate firm JLL.
HLIB, RHB Maintain 'buy' Ratings On Pavilion REIT
KUALA LUMPUR, July 23 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) and RHB Investment Bank Bhd have reiterated their “Buy” calls on Pavilion Real Estate Investment Trust (REIT) following its second quarter ended June 30, 2025 (2Q25) results.
Datavault AI Joins Forces With Burke Products In Major Defence Tech Alliance
KUALA LUMPUR, July 23 (Bernama) -- Datavault AI Inc, has announced a strategic partnership with Burke Products (Burke), a minority-owned Tier 1 supplier to Lockheed Martin, Raytheon Technologies, the United States (US) Department of Defense, and allied international forces.
Maybank IB: Construction, Healthcare, O&G Among 2Q25 Bright Spots
KUALA LUMPUR, July 23 (Bernama) -- While most sectors are expected to deliver flattish earnings in the second quarter of 2025 (2Q25), Maybank Investment Bank Bhd (Maybank IB) said it anticipates positive momentum in the construction, healthcare, property, oil and gas (O&G), and utilities sectors.