1m ago
KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.
1m ago
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.
1m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia Airports recorded a 13.9 per cent month-on-month increase in passenger movements across its network in Malaysia and Türkiye in April 2025, supported by the launch of new airline services and expanded connectivity to key regional and international destinations.
1m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s manufacturing industry capacity utilisation reached 81.8 per cent in the first quarter of 2025 (1Q 2025), increasing 1.0 percentage points from the 80.08 per cent recorded in the same quarter of the preceding year, said the Department of Statistics Malaysia (DOSM).
1m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s economy is expected to maintain its growth trajectory, albeit at a more moderate pace, supported by solid economic fundamentals, said MIDF Amanah Investment Bank Bhd.
1m ago
KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.
1m ago
KUALA LUMPUR, May 23 (Bernama) -- TH Plantations Bhd’s (THP) net profit slid to RM12.85 million in the first quarter ended March 31, 2025 (1Q 2025) from RM13.04 million in the same quarter last year.
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Enra Energy Solutions Sdn Bhd, an indirect 70 per cent-owned subsidiary of Enra Group Bhd, has entered into a technical collaboration agreement (TCA) with Fincantieri S.p.A., a joint stock company incorporated in Italy.
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Malaysia’s headline inflation increased to 1.4 per cent in April 2025 with the consumer price index at 134.3 versus 132.4 the same month a year ago, according to the Statistics Department Malaysia (DOSM).
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII), known for developing the globally ranked Falcon series of artificial intelligence (AI) models, and AI71, have joined forces with Amazon Web Services (AWS) to expand the global reach of United Arab Emirates (UAE)-developed AI technologies.