17d ago
KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.
17d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.
17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- PJBumi Bhd’s wholly owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd, has secured a RM23.46 million design-and-build contract for an industrial development in Sungai Petani, Kedah.
17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Southern Score Builders Bhd announced that its 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, today accepted a letter of award (LoA) from a local construction company to undertake sub-contract works for a data centre project worth RM87.8 million.
18d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Higher dividend payouts and return on equity (ROE) improvements will be key catalysts to the banking sector going into 2026.
18d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia’s technology (tech) sector continued its strong momentum in 2025, powered by rapid advances in artificial intelligence (AI) and a boom in data centre investments, amid intensifying strategic competition between the United States and China.
19d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)
20d ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
21d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 6 (Bernama) -- Bursa Malaysia is expected to be in a data-dependent mode as markets position ahead of the Federal Open Market Committee (FOMC) meeting on Dec 9-10, said IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
22d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Two research firms expect order flows at VS Industry Bhd to improve over the coming quarters despite a weaker first-quarter performance, while another has maintained a cautious view due to softer customer demand and margin pressure.
22d ago
KUALA LUMPUR, Dec 5 (Bernama) -- MBSB Investment Bank Bhd has maintained a “Buy” rating on Mr DIY Group (M) Bhd, citing the retailer’s dominant scale, predictable growth, and structural cost and margin advantages that support steady earnings expansion.
24d ago
KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.