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Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

CIMB Securities Overweight On Healthcare Sector Due To Its Defensive Nature

KUALA LUMPUR, June 20 -- CIMB Securities Sdn Bhd has maintained an "Overweight" call on Malaysia’s healthcare sector premised on its defensive nature and resilient demand.

Petronas Should Adapt To New Energy Transition Demands Amid Economic And Geopolitical Uncertainties

By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir

KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.

Construction Sector 2Q Earnings Keep Upward Momentum - CIMB Securities

KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.

Perma-Pipe Q1 Net Income Surges 243 Pct To US$5 Mln

KUALA LUMPUR, June 16 (Bernama) -- Perma-Pipe International Holdings Inc reported a record net income of US$5.0 million for the first quarter (Q1) ended April 30, 2025, marking a 243 per cent increase from US$1.4 million in the same period last year. (US$1=RM4.23)

TNB: Stronger Today, Brighter Tomorrow

KUALA LUMPUR, June 16  (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.

SST: Property Sector To Be Cushioned By Demand For Industrial Properties -- RHB

KUALA LUMPUR, June 12 (Bernama) -- The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.

MARA Allocates RM10 Million For MotoExpert Programme

KUALA LUMPUR, June 11 (Bernama) -- Majlis Amanah Rakyat (MARA) has allocated RM10 million to empower Bumiputera entrepreneurs in the motorcycle maintenance and repair sector through the MARA-Petronas Automotive Entrepreneur Development (PUMP) MotoExpert Programme.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans

KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).