9m ago
KUALA LUMPUR, April 9 (Bernama) -- In an effort to expand its coverage, LGMS Bhd, a Bursa Malaysia-listed company specialising in cybersecurity, will collaborate in strategic regional cybersecurity initiatives with Antarex Holdings Sdn Bhd (AHSB) and its major shareholders after signing a memorandum of understanding (MoU) here today.
9m ago
By Karina Imran
KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.
9m ago
By Zarul Effendi Razali
KUALA LUMPUR, April 9 (Bernama) -- Malaysian equity and financial markets are capable of navigating the heightened tariff-led volatility, driven by strong institutional support during the period and ample liquidity, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- Asset Value Investors Limited (AVI) has launched a campaign calling for Rohto Pharmaceutical (Rohto) to refocus its successful core businesses, such as skincare and eye care, and abandon its ongoing investments in the unprofitable regenerative medicine sector.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- The ASEAN Business Advisory Council (ABAC) seeks the support from ASEAN Finance Ministers and Central Bank Governors to endorse its 12 strategic initiatives, which includes the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity and regional collaboration.
9m ago
KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.
9m ago
By Jailani Hasan
LABUAN, April 8 (Bernama) -- Labuan’s container port operator Megah Port Management Sdn Bhd (MPM) has reaffirmed its commitment to delivering efficient, high-quality cargo handling services while working closely with its regulatory partner, the Labuan Port Authority (LPA).
9m ago
KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.