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Value Of Malaysian Business Ventures In Vietnam Exceeds US$13 Bln -- PM Anwar

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian business ventures in Vietnam have exceeded US$13 billion (US$1=RM4.47) in value, according to Prime Minister Datuk Seri Anwar Ibrahim.

Selangor Records Rm639.2 Bln In Total Trade Value From January To September - Exco

SHAH ALAM, Nov 21 (Bernama) -- Selangor recorded a total trade value of RM639.2 billion, accounting for 29.9 per cent of the country’s total trade, from January to September 2024.

Sime Darby Property Aims For Balanced Sales Contribution From Industrial, Residential Segments

KUALA LUMPUR, Nov 21 (Bernama) -- Sime Darby Property Bhd (SDP) aims to achieve a more balanced sales contribution between its industrial and residential high-rise segments, said group managing director Datuk Seri Azmir Merican.

Three Construction Players Win Best Project Awards At MCIEA 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.

MYEG 3Q Net Profit Jumps 62.5 Pct To RM195 Mln On Higher Fees, Investments

KUALA LUMPUR, Nov 20 (Bernama) -- MY E.G. Services Bhd’s (MYEG) net profit soared 62.5 per cent to RM195.05 million in the third quarter (3Q) ended Sept 30, 2024, from RM120 million in the same period last year, driven by higher service fees and investment gains.

Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

Analysts Remain Bullish On Dialog, Keeping It At 'Buy'

KUALA LUMPUR, Nov 20 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “buy” call for Dialog Group Bhd, with an unchanged target price of RM3, forecasting the group’s performance for financial year 2025 to remain stable, driven by sustained contributions from the upstream and midstream segments.

LSH Chairman Conferred Prominent Player Award At MCIEA 2024

KUALA LUMPUR, Nov 20 (Bernama) – Lim Seong Hai (LSH) Capital Bhd chairman Tan Sri Lim Keng Cheng was conferred the Prominent Player Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024, recognising his transformative contributions and visionary leadership in the construction industry.

Dialog Posts Higher Net Profit Of RM150.97 Mln In 1Q

KUALA LUMPUR, Nov 19 (Bernama) -- Dialog Group Bhd posted a higher net profit of RM150.97 million for the first quarter ended Sept 30, 2024 (1Q FY2025) compared to a net profit of RM132.17 million in the same quarter last year. 

Finance Bill 2024 To Amend Six Acts Tabled For First Reading

KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

Malaysia-Brazil Partnership Instrumental For Yinson’s Success

RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.