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Affin Bank 3Q Net Profit Rises To RM145.82 Mln

KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.

Bursa Malaysia Ends At Intraday Low, In Sync With Regional Downtrend

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.

Boomi Unveils 2024 APJ Customer Innovation Award Winners At Sydney Tour

KUALA LUMPUR, Nov 21 (Bernama) -- Boomi, the intelligent integration and automation leader, has announced the winners of its 2024 Asia Pacific and Japan (APJ) Customer Innovation Awards, recognised at its 2024 Boomi World Tour stop in Sydney.

Sapangar Bay Port Trade Hub To Positively Impact Sabah's Economy

KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.

China's Strong Industry-driven Ecosystem Draws Malaysian Businesses Seeking Expansion

By Anas Abu Hassan

KUALA LUMPUR, Nov 21 (Bernama) -- A strong industry-driven ecosystem in China is one of the key factors attracting Malaysian businesses to enter the Chinese market as part of their expansion strategy.

E&O Launches RM60 Bln Masterplan For Andaman Island Development Project

GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.

Viasfood Unveils Two Dipping Sauces, Ready For Local And International Markets

By Zarul Effendi Razali

DUBAI, Nov 19 (Bernama) -- Viasfood Sdn Bhd, Pahang-based food manufacturer service provider, has unveiled two dipping sauces, Musang King Sauce and Black Chili Paste, for both local and international markets.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Malaysia-Brazil Partnership Holds Huge Promise For E&E, Semiconductor Industry - PM Anwar

RIO DE JANEIRO (Brazil), Nov 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has urged the electrical and electronics (E&E) and semiconductor industries of Malaysia and Brazil to leverage each other’s strengths and enhance collaboration, particularly given the increasing prominence of the Global South.

Yayasan Bank Rakyat Bags 'Community Initiative' Award At ACES 2024

BANGKOK, Nov 15 (Bernama) -- Yayasan Bank Rakyat (YBR) received the ‘Community Initiative’ award at the Asia Corporate Excellence & Sustainability (ACES) 2024 here on Thursday in recognition of its efforts to improve the socioeconomic status of Malaysians.

AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re 

KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent). 

Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global

KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global.