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Scientex's FY2024 Net Profit Rises To RM545.21 Mln, Declares 6 Sen Dividend

KUALA LUMPUR, Sept 24 (Bernama) -- Scientex Bhd’s net profit for the financial year ended July 31, 2024 (FY2024) surged by 24.4 per cent to RM545.21 million from RM438.14 million a year ago.

Affin Bank Upbeat On Malaysian Economy Amidst Low Global Recession Possibility

GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.

Worldcoin Introduces Proof Of Personhood Pilot In Malaysia

KUALA LUMPUR, Sept 24 (Bernama) -- The Worldcoin Foundation is expanding the availability of proof of personhood services to include a pilot or a beta testing phase in Malaysia.

Unmasking Skin Lifting Treatments With Merz Aesthetics Ultherapy PRIME

KUALA LUMPUR, Sept 24 (Bernama) -- Merz Aesthetics, a medical aesthetics business, has launched Ultherapy PRIME, a non-invasive, FDA-cleared medical aesthetics treatment that provides a truly personalised and long-lasting lift of the skin in one session with zero downtime.

ASEAN Data Centre Market Can Reach US$11 Bln By 2028 - Maybank IB

KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.

Investors Eye Budget 2025 For Family Office Framework In Malaysia - OCBC

KUALA LUMPUR, Sept 24 (Bernama) -- Investors are keenly awaiting Budget 2025, scheduled for Oct 18, for announcements on the regulatory framework for establishing family offices in Malaysia, said OCBC Global Markets Research.

MRC Projects Exports Of Rubber, Related Products To Exceed RM30 Bln

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports could exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).

Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.

Bursa Malaysia: Invest Malaysia To Attract Over 500 Delegates, AUM Over RM56.7 Trillion

KUALA LUMPUR, Sept 23 (Bernama) -- Invest Malaysia 2024 is expected to attract over 500 delegates, including foreign fixed income, equity, and private equity investors, with a combined asset under management (AUM) of over RM56.7 trillion.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

Akwel Anticipates Minor Sales Drop For Current Fiscal Year

KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)

Mary Kay Now In Kyrgyzstan, Enriching Beauty And Empowerment Globally

KUALA LUMPUR, Sept 23 (Bernama) -- Mary Kay Inc, a global leader in skin care and cosmetics, announced its expansion into Kyrgyzstan, marking a significant milestone in its ongoing international growth strategy.