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Northport Announces Leadership Appointments, Including Fakhrul Azhar as CEO

KUALA LUMPUR, Dec 2 (Bernama) -- Northport (Malaysia) Bhd has announced the appointment of three senior leaders, including Fakhrul Azhar Tajudin as its new chief executive officer (CEO), effective Dec 1, 2024.

I-Nation Global Summit 2024 To Propel ASEAN's Technological Growth 

KUALA LUMPUR, Dec 2 (Bernama) -- The I-Nation Global Summit 2024 serves as a significant platform to bring together diverse sectors and stakeholders in driving collaboration and cross-border partnerships that will accelerate the technological progress in ASEAN.

AEON Launches #AEONResponsible Suppliers Programme, To Boost ESG Practices

KUALA LUMPUR, Dec 2 (Bernama) -- AEON Co (M) Bhd has launched the #AEONResponsible Suppliers Programme to empower supplier to enhance their environmental, social, and governance (ESG) practices through resources, capacity-building, and financial incentives.

Brazil, Malaysia To Set Up Joint Development On IC Design In 2025

By Rohani Mohd Ibrahim

KUALA LUMPUR, Dec 1 (Bernama) -- Brazil and Malaysia’s collaboration in the semiconductor industry will involve the development of joint initiatives in integrated circuit (IC) design next year, according to sources from the Brazilian Embassy in Malaysia.

Malaysia, Indonesia Push For Stronger Cooperation In Palm Oil Industry

By Mohd Iswandi Kasan Anuar

JAKARTA, Nov 29 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.

Public Bank 3Q Net Profit Rises To RM1.91 Bln

KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

BNM Urges Insurers, Takaful Operators To Review Repricing Strategies For More Reasonable Implementation

KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation. 

TNB Net Profit Almost Doubles To RM1.58 Bln In 3Q Amid Higher Electricity Sales

KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.

MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030

PETALING JAYA, Nov 27 (Bernama) --  The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).

KPJ Healthcare 3Q Net Profit Stands At RM86.02 Mln

KUALA LUMPUR, Nov 25 (Bernama) -- KPJ Healthcare Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) stood at RM86.02 million compared with RM91.74 million posted in 3Q 2023.