KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)
KUALA LUMPUR, May 27 (Bernama) -- Shareholder activism in Asia has reached unprecedented levels, with over 200 companies targeted in both 2023 and 2024, up significantly from 134 in 2021, according to Diligent Market Intelligence’s newly released Shareholder Activism in Asia 2025 report.
By Karina Imran
KUALA LUMPUR, May 27 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will drive deeper integration and create prosperity across the Southeast Asian economies, while strengthening the bloc’s resilience against external economic pressures, an economist said today.
KUALA LUMPUR, May 27 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit for the first quarter ended March 31, 2025 (1Q FY2025) declined to RM94.54 million from RM102.3 million recorded in the same period last year.
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.
KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.
From Kisho Kumari Sucedaram
BEIJING, May 26 (Bernama) -- The Malaysian Chamber of Commerce and Industry in China (MayCham) is stepping up efforts to strengthen ties with Gulf Cooperation Council (GCC) nations and China, viewing the upcoming ASEAN-GCC-China Summit as a timely platform to position Malaysia as a key investment destination in Southeast Asia.
PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon.
KUALA LUMPUR, May 23 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will outline the framework for the regional economic integration agenda and enhance its agility and resilience against external shocks.
