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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.

Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook

KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

Property Market Hits Decade-High Record In 2024 – Amir Hamzah

KAJANG, Feb 26 (Bernama) -- The property market recorded an outstanding performance in 2024, with both transaction volume and value reaching the highest levels in a decade, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KAYTUS V3 Server Sets SPEC CPU 2017 Records With 70 Pct Performance Boost

KUALA LUMPUR, Feb 25 (Bernama) -- KAYTUS, an end-to-end artificial intelligence (AI) and liquid cooling solutions provider, has announced its dual-socket V3 series server, KR1280V3, has secured top rankings in the latest SPEC CPU 2017 benchmark results published by the internationally recognised Standard Performance Evaluation Corporation (SPEC).

Bintulu Port Holdings Pays Tribute To Media For Highlighting Achievements

KUCHING, Feb 24 (Bernama) -- Bintulu Port Holdings Berhad (BPHB) paid tribute to the media, which had been giving their unwavering support and cooperation in promoting its initiatives and highlighting its achievements throughout last year.

IILM: US$710 Mln Short-term Sukuk Oversubscribed By 2.15 Times

KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.

Greatech Technology's Net Profit Improves To RM154.99 Mln In FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Greatech Technology Bhd's net profit rose marginally to RM154.99 million in the financial year ended Dec 31, 2024 (FY2024) from RM154.36 million in FY2023.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

XPENG Makes UK Debut With Pre-Sale Launch Of First Right-Hand Drive SUV

KUALA LUMPUR, Feb 13 (Bernama) -- Chinese high-tech automotive company, XPENG has officially entered the United Kingdom (UK) market, announcing the pre-sale of its first right-hand drive model, the XPENG G6.

Mavenir To Power EOLO’s Groundbreaking 5G FWA Network In Italy

KUALA LUMPUR, Feb 12 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected by telecommunications operator EOLO, Italy’s largest fixed wireless access (FWA) broadband provider, to supply the 5G SA Core for its groundbreaking Gbps FWA network.

Perodua Raises Capex To RM1.6 Bln In 2025, Focuses on Expansion

KUALA LUMPUR, Feb 7 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is increasing its capital expenditure (capex) to RM1.6 billion this year, with the biggest chunk reserved for plant improvements, raising stamping capacity, new model development and tooling.