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Pos Malaysia Posts RM41.5 Mln 1Q Net Loss Amid Lower Postal, Logistics Revenue

KUALA LUMPUR, May 21 (Bernama) -- Pos Malaysia Bhd recorded a net loss of RM41.5 million for the first quarter ended March 31, 2025 (1Q 2025), widening from a net loss of RM19.6 million in the same quarter last year, weighed down by lower contributions from its postal and logistics segments.

PinC Technology, UMS Organise Tech And Maritime Competition For Undergraduates

LABUAN, May 21 (Bernama) -- PinC Technology Sdn Bhd and Universiti Malaysia Sabah (UMS) are collaborating to launch a joint initiative to organise a four-month national competition involving the marine industry.

Ringgit Ends Higher Against Greenback On Concerns Over US Fiscal Health

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.

FBM KLCI Extends Losing Streak For 5th Straight Session

By Siti Radziah Hamzah

KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

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.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia remained lower at the end of the morning trading session, despite the mostly higher regional market performance, as market undertone remains cautious.

Petronas Chemicals Shares Slip 4.57 Pct On Weaker 1Q2025 Earnings

KUALA LUMPUR, May 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares slipped by 4.57 per cent in early trading today after reporting weaker earnings for the first quarter ended March 31, 2025 (1Q2025).

Malaysia's General Insurance Industry To Grow At 6.6 Pct CAGR From 2025-2029 -- GlobalData

KUALA LUMPUR, May 21 (Bernama) -- Malaysia’s general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6 per cent from RM24.6 billion in 2025 to RM31.8 billion by 2029 in terms of gross written premium (GWP), according to data and analytics company GlobalData.

Bursa Malaysia Opens Mixed

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight. 

PKFZ Unveils New Masterplan For Future-Ready And Smart Zone

PORT KLANG, May 20 (Bernama) -- Port Klang Free Zone (PKFZ), Malaysia’s premier integrated commercial and industrial free zone, unveiled the PKFZ 2.0 masterplan today, a bold new vision for a future-ready and smart zone. 

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.

Arla Foods Ingredients Expands Brenntag Partnership Into Southeast Asia’s Top Markets

KUALA LUMPUR, May 20 (Bernama) -- Arla Foods Ingredients has extended its distribution partnership with the Brenntag Group to include Southeast Asia’s three largest food and nutrition markets.