1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
1y ago
PUTRAJAYA, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is taking proactive steps to strengthen investors' confidence, including reviewing the Industrial Coordination Act (ICA) 1975.
1y ago
HANOI, Feb 25 (Bernama) -- Bilateral trade between Malaysia and Vietnam last year jumped 4.4 per cent to US$18.14 billion (RM83.11 billion) from US$17.38 billion recorded in 2023, indicating improved trade activities between the two ASEAN member countries.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia and China will further strengthen collaboration in palm oil supply chains, technological innovation, and market expansion this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
1y ago
KUALA LUMPUR, Feb 21 (Bernama) --Investment banks expect Malaysia’s Overnight Policy Rate (OPR) to remain stable at 3.00 per cent in 2025.
1y ago
KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.
1y ago
KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.