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.

Perodua Demand Supports MBMR Outlook - Analysts

KUALA LUMPUR, May 28 (Bernama) -- MBM Resources Bhd (MBMR) is expected to chart steady earnings this year backed by resilient Perodua demand, despite a soft start to the first quarter (1Q) 2025.

Bursa Malaysia Ends Lower On Profit-Taking In Financial Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia ended lower as profit-taking in financial services counters weighed on the market, amid cautious sentiment across the regional market.

Accountants Play Critical Role In Improving Companies Sustainablity Practices — Amir Hamzah

KUALA LUMPUR, May 26 (Bernama) — Accountants play a critical role in guiding companies to improve their sustainability practices, particularly in governance by ensuring high-quality, reliable disclosures are aligned with international standards, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

RON95 Subsidy Rationalisation To Be Implemented In Second Half Of 2025 -- Amir Hamzah 

KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Ringgit Strengthens Against Us Dollar Amid Tariff Shock Effects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.

Allianz Malaysia 1Q Net Profit Rises To RM211.69 Mln

KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.

Ringgit Ends Higher Against Greenback Amid Continued Concerns Over US Fiscal Policy

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.

ASEAN Urged To Close MSME Gaps To Unlock Growth

KUALA LUMPUR, May 23 (Bernama) -- A prominent Malaysian private sector official has urged ASEAN to prioritise strategies and policies that address the challenges facing micro, small and medium enterprises (MSMEs), to ensure the regional economy fully benefits from their potential.

Ringgit Opens Higher Against Greenback On Lower US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.

TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.

Malaysia's Fiscal Consolidation Remains On Track With Lower 1Q Deficit

KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.