Petronas Gas Posts Higher 1Q Profit, Declares 16 Sen Dividend
KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd’s net profit for the first quarter of 2025 (1Q 2025) rose to RM468.80 million from RM456.65 million a year earlier.
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Malaysia, Laos Forge Strategic Rail-Sea Trade Link
PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.
Falcon Secures Toll Group Deal For Global Flight Support, UAE Hangar Services
KUALA LUMPUR, May 23 (Bernama) -- Falcon, part of Alex Group Investment, has signed a three-year agreement with Toll Group to deliver hangar services in the United Arab Emirates (UAE) and global flight support for its government and defence operations.
Philadelphia Insurance Companies Wins Duck Creek Award For Digital Innovation In P&C Insurance
KUALA LUMPUR, May 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has honoured Philadelphia Insurance Companies (PHLY) with its 2025 Standard of Excellence Customer Award at Formation ’25, held in Orlando, Florida.
TH Plantations Posts Lower 1Q Net Profit Of RM12.85 Mln
KUALA LUMPUR, May 23 (Bernama) -- TH Plantations Bhd’s (THP) net profit slid to RM12.85 million in the first quarter ended March 31, 2025 (1Q 2025) from RM13.04 million in the same quarter last year.
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.
SAMENTA: ASEAN Must Address Trade Barriers To Aid MSMEs
KUALA LUMPUR, May 22 (Bernama) -- ASEAN must take bold steps to address key trade challenges through enforceable agreements on reducing non-tariff barriers, expanding mutual recognition arrangements, and further operationalising the ASEAN Single Window for micro, small and medium enterprises (MSMEs).
Netherlands' Neways Opens Manufacturing Facility In Selangor, Reaffirms Growth Commitment
KUALA LUMPUR, May 22 (Bernama) -- Netherlands-based Neways Electronics has opened a state-of-the-art manufacturing facility in Selangor, reaffirming its growth strategy and positioning the company to meet growing regional demand while enhancing its global manufacturing footprint.
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.
Uzma Secures Remote Sensing Satellite Development Project
KUALA LUMPUR, May 22 (Bernama) -- Energy and technology company Uzma Bhd said it has secured Malaysia’s Pembangunan Satelit Penderiaan Jauh Negara (PSPJN) remote sensing satellite development project.
EPF: External Fund Managers Contribute 24 Pct To 2024 Income
KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.
FCCI Wins Duck Creek 2025 Standard Of Excellence Customer Award For E&S Rollout
KUALA LUMPUR, May 22 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has named FCCI Insurance Group (FCCI) a recipient of its 2025 Standard of Excellence Customer Award at its Formation ’25 conference in Orlando, Florida.