Nestle Shares Soar Despite Reporting Lower 1Q Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.

Nestlé’s 1Q 2025 Net Profit Falls To RM161.34 Mln, Revenue Slips To RM1.77 Bln

KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.

Automotive Sector TIV Rises 12 Pct To 72,704 Units In March 2025

KUALA LUMPUR, April 22 (Bernama) -- The Malaysian Automotive Association (MAA) reported that the automotive sector’s total industry volume (TIV) rose by 12 per cent month-on-month in March 2025 to  72,704 units compared to 65,061 units in February.

Khazanah Redirects Raya Meals To Communities In Need Following Open House Cancellation

KUALA LUMPUR, April 19 (Bernama) -- Khazanah Nasional Bhd has redistributed food originally prepared for its Hari Raya Aidilfitri Open House to support nearly 3,000 individuals in need, following the cancellation of the event as a mark of respect for the passing of former Prime Minister Tun Abdullah Ahmad Badawi.

Megah Port Management Spreads Festive Cheer At Aidilfitri Open House

LABUAN, April 12 (Bernama) -- Labuan container port operator, Megah Port Management Sdn Bhd (MPM), hosted its annual Hari Raya Aidilfitri open house at the Labuan Liberty Port, bringing together over 1,000 guests from various economic sectors and backgrounds.​

Malaysia's Wholesale And Retail Trade Records RM148.3 Bln In Sales In February 2025

KUALA LUMPUR, April 11 (Bernama) -- Malaysia’s wholesale and retail trade sector recorded total sales of RM148.3 billion in February 2025, marking a year-on-year (y-o-y) growth of 5.1 per cent, said the Department of Statistics Malaysia (DOSM).

National Scam Response Efforts Show Promising Start In Malaysia

By Siti Baaqiah Mamat

KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.

PAC To Hold Five More Closed-door Proceedings On Insurance Hikes, Hospital Fees

By Zufazlin Baharuddin

KUALA LUMPUR, April 4 (Bernama) -- The Public Accounts Committee (PAC) will conduct five more closed proceedings this month regarding the increase in health insurance premiums, private hospital charges, and the impact on public health before preparing a comprehensive report for presentation during the parliamentary session in June.

Banking Sector Poised For Strong Loan Growth On Infra Projects, JS-SEZ, Renewable Energy Investments – MIDF

KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.

Palm Oil Prices To Stabilise In Near Term Amid Rising Demand From India - MPOC

KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

World Backup Day: Safeguard Your Data From Festive Season Cyber Threats - Fortinet

By Anas Abu Hassan

KUALA LUMPUR, March 31 (Bernama) -- Businesses and consumers in Malaysia are warned of heightened cybersecurity risks amid a surge in online scams and cyber threats, especially during the festive Hari Raya season, global cybersecurity firm Fortinet said.