Labour Productivity Per Hour Up 1.0 Pct In Q1 2025

PUTRAJAYA, May 22 (Bernama) -- Labour productivity per hour worked grew 1.0 per cent in the first quarter of 2025, registering RM42.50 per hour, according to the Labour Productivity Statistics for First Quarter 2025 (Q1 2025) released today.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

IMM Investment Secures Hamilton Lane Backing In Landmark Asia Secondary Deal

KUALA LUMPUR, May 20 (Bernama) -- IMM Investment, a prominent Korean asset manager, and Hamilton Lane, a global private markets firm, announced the completion of a strategic secondary transaction involving the IMM Infra 8th Private Equity Fund.

Maybank Pioneers First Pilot Single Family Office In Forest City

KUALA LUMPUR, May 5 (Bernama) – Malayan Banking Bhd (Maybank), together with its client ONE KL Management Sdn Bhd (ONE KL), has secured the first pilot single family office establishment under the Malaysian Single Family Office scheme in the Forest City Special Financial Zone (FCSFZ).  

Widad's Unit To Dispose Property For RM41.50 Mln

KUALA LUMPUR, April 28 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Builders Sdn Bhd has inked a sale and purchase agreement (SPA) with Richfield Builder (M) Sdn Bhd (RBSB) for the disposal of a property for a total consideration of RM41.50 million.

Firms Must Remain Vigilant To Prevent Cyberattacks

KUALA LUMPUR, April 25 (Bernama) -- Businesses, including brokerage firms, must regularly conduct security assessments and cybersecurity penetration testing to detect potential vulnerabilities and prevent future cyberattacks, said LGMS Bhd executive chairman Fong Choong Fook.

Tariffs: MITI Committed To Finding Best Solution For Malaysia -- Tengku Zafrul

KUALA LUMPUR, April 23 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to seeking the best solution regarding retaliatory tariffs for mutual benefit, said its Minister Tengku Datuk Seri Zafrul Abdul Aziz, who is currently in Washington, United States of America (US).

ACE Market-Bound West River's IPO Oversubscribed By 0.26 Times

KUALA LUMPUR, April 22 (Bernama) -- Mechanical and electrical (M&E) engineering services provider, West River Bhd’s initial public offering (IPO) shares have been oversubscribed by 0.26 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on May 5, 2025.

ACE Market-Bound Fibromat Aims To Raise RM17.8 Mln From IPO

PETALING JAYA, April 11 (Bernama) -- Fibromat (M) Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM17.8 million from its initial public offering (IPO).

12th AFMGM Successfully Concludes, Signalling Continued Unity Among Member Countries

By Zarul Effendi Razali

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

ASEAN Emerges As A Central Player In Global Economy After Overcoming Series Of Adversities - PM Anwar

By Zarul Effendi Razali

KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which has faced a series of global uncertainties, has emerged from a quiet corner of the global economy to become central to it, said Prime Minister Datuk Seri Anwar Ibrahim.