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Reinforce Centrality, Focus On Realistic Targets And Delivery, ASEAN-BAC’s Nazir Razak Tells Grouping

KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.

TH Plantations Net Profit Rises To RM75.18 Mln In FY2024, Declares 50 Pct Higher Dividend

KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

Turing Secures US$14 Mln To Expand AI-driven Water Management Solutions

KUALA LUMPUR, Feb 27 (Bernama) -- Turing, a leader in artificial intelligence (AI)-driven water management solutions, has successfully raised US$14 million in a funding round led by Safar Partners. (US$1=RM4.42)

RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.

Nambawan Super Goes Live With SmartStream’s AI-driven Air Solution

KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.

Hytera To Unveil HyTalk PTToC Platform At MWC25, Revolutionising Communication For Critical Industries 

KUALA LUMPUR, Feb 27 (Bernama) -- Hytera Communications, a global leader in professional communications technologies and solutions, will showcase its Push-to-Talk over Cellular (PoC or PTToC) solution, the Hytera HyTalk PoC Platform, at Mobile World Congress 2025 (MWC25) in Barcelona on March 3 to 6.

Autel Energy Unveils High-speed Maxicharger DH480 At EVCharge Live Thailand 2025

KUALA LUMPUR, Feb 27 (Bernama) -- Autel Energy, an electric vehicle (EV) charging solutions provider, is making waves at EVCharge Live Thailand 2025, held on Feb 26 to 27, with the debut of its innovative MaxiCharger DC series.

WCE Holdings Posts Wider Net Loss Of RM88.56 Mln In 3Q

KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.

Anaqua Acquired By Nordic Capital To Boost IP Management Growth

KUALA LUMPUR, Feb 26 (Bernama) -- Anaqua has announced that Nordic Capital, a technology & payments private equity investor, has acquired a controlling interest in the company from Astorg.

Mavenir, Aira Technologies Partner To Enhance 5G Spectral Efficiency And Throughput

KUALA LUMPUR, Feb 26 (Bernama) -- Mavenir and Aira Technologies, a pioneer in artificial intelligence (AI)-driven network automation, have successfully demonstrated a high-fidelity MIMO channel estimation and prediction solution.

TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends 

KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.