1y ago
KUALA LUMPUR, May 21 (Bernama) -- Pos Malaysia Bhd recorded a net loss of RM41.5 million for the first quarter ended March 31, 2025 (1Q 2025), widening from a net loss of RM19.6 million in the same quarter last year, weighed down by lower contributions from its postal and logistics segments.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.
1y ago
GEORGE TOWN, May 21 (Bernama) -- Bukit Kayu Hitam ICD Sdn Bhd (BKH ICD) and Penang Port Sdn Bhd have signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at enhancing the efficiency and connectivity of Northern Malaysia's trade ecosystem.
1y ago
By Kisho Kumari Sucedaram
BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric
1y ago
PORT KLANG, May 20 (Bernama) -- Port Klang Free Zone (PKFZ), Malaysia’s premier integrated commercial and industrial free zone, unveiled the PKFZ 2.0 masterplan today, a bold new vision for a future-ready and smart zone.
1y ago
LANGKAWI, May 20 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT) has launched four strategic industry reports aimed at guiding policymakers, investors, and industry players in identifying opportunities, risks, and mitigation strategies.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended lower on Monday, mirroring the lacklustre performance across Asia as weak Chinese economic data and the recent downgrade of the United States’ sovereign credit rating weighed on regional market sentiment.
1y ago
KUALA LUMPUR, May 19 (Bernama) -- Nippon Express Holdings Inc has acquired a 20 per cent stake in Cold Chain Bangladesh Limited (CCBL), a domestic logistics company based in Dhaka, through its subsidiary Nippon Express (South Asia & Oceania) Pte Ltd.
1y ago
KUALA LUMPUR, May 19 (Bernama) -- The 2025 Vietnam ESG Investor Conference recently concluded with over 500 attendees, including investors, government officials, business leaders, small and medium enterprises (SMEs), multinationals, academics, and media, gathering to explore trade, investment, and sustainable growth.
1y ago
KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s strong electrical and electronics (E&E) sector positions the nation to lead the electric vehicle (EV) and battery component manufacturing sector to support the growing demands of the regional mobility ecosystem in ASEAN.
1y ago
KUALA LUMPUR, May 19 (Bernama) -- Malayan Banking Bhd (Maybank) has signed a letter of intent (LOI) with the Ministry of Economy to support the Johor-Singapore Special Economic Zone (JS-SEZ) and facilitate up to RM2.35 billion in client investments over the next three to 10 years.