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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.

Petros, CJI Ink Deal On Kuching Low-carbon Hub Development

KUCHING, May 20 (Bernama) -- Petroleum Sarawak Bhd (Petros) and China Jiangsu International Group (CJI) have signed a strategic cooperation agreement to realise Sarawak’s low-carbon vision.

EPMS Partners Sinopec SLT, ICSB To Explore Offshore O&G Projects

KOTA KINABALU, May 20 (Bernama) -- Eastern Pacific Marine Services Sdn Bhd (EPMS), a subsidiary of EPIC Bhd, has signed a strategic partnership with SINOPEC Heavy Lifting and Transportation Co. Ltd. (SINOPEC SLT) and Innoprise Corporation Sdn Bhd (ICSB), the investment arm of Yayasan Sabah Group.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

Aeon Profit Rises 18 Pct To RM68.1 Mln In 1Q

KUALA LUMPUR, May 20 (Bernama) -- Aeon Co (M) Bhd’s net profit for the first quarter (1Q) of 2025 rose 18 per cent to RM68.10 million from RM57.39 million a year earlier, supported by seasonal spending uplift from the double festive celebrations within the quarter.

CT Group Showcases Advanced Tech At National Assembly Exhibition

KUALA LUMPUR, May 20 (Bernama) -- CT Group was among a select group of private enterprises invited to participate in a special exhibition held at the National Assembly Building, Hanoi, aimed at implementing Vietnam’s Resolution No. 68-NQ/TW on private economic development.

Ras Al Khaimah, Miami Sign MoU To Enhance Cooperation In Key Sectors 

KUALA LUMPUR, May 20 (Bernama) -- Ras Al Khaimah and the city of Miami, Florida, have signed a memorandum of understanding (MoU) to strengthen cooperation across various sectors of mutual interest.

Anwar Positions Malaysia, ASEAN As Leading Voices Of Global South

KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.

Malaysia’s Islamic Finance Assets To Grow 36 Pct By 2028 -- Standard Chartered

KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.

2025 Vietnam ESG Investor Conference Spurs Action On Sustainability, Net-Zero Goals

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.

Portsim Strengthens Malaysian Palm Oil Image And Export Value In China

KUALA LUMPUR, May 19 (Bernama) -- The Palm Oil Research and Technical Service Institute of the Malaysian Palm Oil Board (Portsim) in Shanghai, China, has played a key role in enhancing the export value of Malaysian palm oil and strengthening its image as a high-quality, reliable raw material for various downstream industries in China.

Maybank To Support JS-SEZ And Facilitate Up To RM2.35 Bln In Client Investments

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.