1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Bank Bhd's net profit surged to RM833.19 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM649.95 million in the same period last year, attributable to higher total income and lower expected credit losses (ECL).
1y ago
SHAH ALAM, Nov 28 (Bernama) -- The SA Sentral and Section 13 development plan, set to be implemented over the next seven years starting next year, will cover 58.6 hectares (145 acres) and aims to transform the area into a modern, dynamic, and competitive integrated hub in the country.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- High-quality corporate reporting could play a role within the MADANI Economy framework, where Malaysia aims to 'raise the ceiling' by expanding the economic pie, fostering broader participation and increasing the complexity of our economy.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- BMW Group Malaysia has launched Phase 2 of its regional parts and distribution centre, significantly expanding the cutting-edge facility located at the Free Industrial Zone in Senai International Airport.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) – Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.
1y ago
PADANG BESAR, Nov 28 (Bernama) -- Mutiara Perlis Sdn Bhd's wholly-owned subsidiary Inland Port Perlis Sdn Bhd (IPPSB), the developer of the advanced logistics hub Perlis Inland Port (PIP), has signed a memorandum of understanding (MoU) with Penang Port Sdn Bhd (PPSB) and a memorandum of collaboration (MoC) with the Asosiasi Depo Kontainer Indonesia (ASDEKI).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59 million (US$1=RM4.4325) senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).
1y ago
KUALA LUMPUR, Nov 27 (Bernama) – Malaysia is seen leveraging its role as ASEAN Chair in 2025 to maintain its economic stability and position itself as a key regional player amid global economic uncertainties stemming from US President-elect Donald Trump’s policies.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023.
1y ago
GEORGE TOWN, Nov 25 (Bernama) -- The launch of the direct flight between Chennai and Penang will open up new opportunities for Penang’s tourism industry, thus enhancing the sector's resilience against risks and boosting the state's competitiveness in the global tourism market.
1y ago
LABUAN, Nov 24 (Bernama) -- Entrepreneurs participating in the inaugural Labuan Connect! programme on Saturday expressed their enthusiasm, describing it as a valuable platform for increasing income and building stronger connections with the Malaysian National News Agency (Bernama).