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IOIPG's Acquisition Of Scottsdale Properties A Strategic, Value-accretive Move - HLIB

KUALA LUMPUR, June 5 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) proposed acquisition of Scottsdale Properties Pte Ltd is viewed as a strategic and value-accretive move, Hong Leong Investment Bank (HLIB) said. 

AM Best Maintains Stable Outlook For South Korea’s Non-life Insurance Amid Regulatory Pressures

KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.

Perodua Demand Supports MBMR Outlook - Analysts

KUALA LUMPUR, May 28 (Bernama) -- MBM Resources Bhd (MBMR) is expected to chart steady earnings this year backed by resilient Perodua demand, despite a soft start to the first quarter (1Q) 2025.

PEOPLElogy Eyes Expansion Into Sabah, Sarawak And Southeast Asian Region By 2026

KUALA LUMPUR, May 20 (Bernama) -- PEOPLElogy Bhd aims to expand its integrated people development solutions across Sabah, Sarawak and the Southeast Asian region by 2026.

Manulife Launches New Medical Plan Giving Full Healthcare Coverage

KUALA LUMPUR, May 20 (Bernama) -- Life insurer Manulife Insurance Bhd has introduced a new medical plan, Manulife Health Saver Enrich (MHSE), aimed at providing end-to-end healthcare coverage from prevention to recovery.

CPO Futures End Higher, Tracking Gains In Soybean Oil Market

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the uptrend in the soybean oil market, said palm oil trader David Ng.

Two Or Fewer Fed Fund Rate Cuts In 2025, Ringgit To Stay 4.4-4.5 To US Dollar By December

KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.

Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results

KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Affin Launches New Privileges For Premier Cardholders

SHAH ALAM, April 30 (Bernama) -- Affin Group today unveiled exclusive new privileges for its Affin Premier cardholders, offering a first-class golfing experience in a modern and relaxed environment in collaboration with La Casa Leal restaurant.