ASEAN Currencies Seen Strengthening This Year As US Dollar Weakens

KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.

Master Tec Initiates Listing Transfer To Main Market Of Bursa Malaysia

KUALA LUMPUR, May 30 (Bernama) -- Master Tec Group Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia in less than two years after the company's debut on the ACE Market in January 2024. 

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

IHH Healthcare Shares Down After Posting Lower First Quarter Net Profit

KUALA LUMPUR, May 30 (Bernama) -- IHH Healthcare Bhd shares fell in the mid-morning trading session after the hospital operator posted a lower net profit in the first quarter of its 2025 financial year (1Q FY2025).

KPJ Healthcare Posts RM57.1 Mln Net Profit In 1Q FY2025

KUALA LUMPUR, May 29 (Bernama) -- KPJ Healthcare Bhd's net profit decreased to RM57.1 million in the first quarter of the financial year ending Dec 31, 2025 (1Q FY2025), down from RM71.4 million in 1Q FY2024.

ASEAN Green Initiatives Can Generate Additional US$300 Bln By 2030 - Tengku Zafrul

KUALA LUMPUR, May 29 (Bernama) -- ASEAN could generate an additional US$300 billion annually in green revenues and unlock up to US$1.5 trillion in new value by 2030 with advancing green investments and cross-border collaboration in regional power grids, carbon markets, and clean energy incentives  (US$1=RM4.23).

Ekuinas Committed Direct Investments Rose To RM4.9 Bln In FY2024

KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.

JCorp Actively Redefining Johor’s Economic Architecture

By Mohd Khairi Idham Amran

JOHOR BAHRU, May 29 (Bernama) -- Johor Corporation (JCorp) is actively redefining Johor’s economic architecture beyond traditional sectors by shaping the next wave of industry platforms, from advanced manufacturing and food tech to digital infrastructure, circular economy systems and artificial intelligence (AI)-enabled agriculture.

Genting Plantations Posts Higher 1Q Net Profit Of RM61.25 Mln

KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.

Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

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.