Delay Proposed 30 Pct Port Tariff Hikes -- FMM

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.

Paramount Corp Eyes RM1.5 Bln Property Sales In 2025

KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.

Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

Wasco Delivers Best Financial Performance In FY2024, Declares 2 Sen Dividend

KUALA LUMPUR, March 1 (Bernama) -- Energy solution provider Wasco Bhd delivered its best annual financial performance in the year ended Dec 31, 2024 (FY2024) with a 41.2 per cent jump in net profit to RM153.04 million.

TNB: Powering Malaysia’s Future, Channelling 60 Pct Of Profits To The Rakyat

KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

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.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

Petronas Committed To Maintaining Dividend Payment Of RM32 Bln This Year - Amir Hamzah 

KAJANG, Feb 26 (Bernama) -- Petroliam Nasional Bhd (Petronas) will remain committed to paying a dividend of RM32 billion to the government this year, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Petronas Waiting For Details On Cooperation With Petros

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on the scope of cooperation between the national oil firm and Petroleum Sarawak Bhd (Petros).

First LNG Shipment From Canada In July - Petronas

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) has announced that its first liquefied natural gas (LNG) shipment from its joint venture, LNG Canada, is now expected to occur in July 2025.

Petronas Evaluating Rightsizing Efforts

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.