Petronas-Petrovietnam Cooperation Expected To Be Formalised In May -- PM Anwar

HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.

Sarawak Refining Its Investment And Entrepreneurship Policies -- Awang Tengah

KUCHING, Feb 26 (Bernama) -- Sarawak’s Ministry of International Trade, Industry, and Investment of Sarawak (Mintred) is finetuning and enhancing the state’s investment and entrepreneurship policies.

Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln

KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.

Sarawak's Economy To Grow Up To Six Per Cent In 2025 – Awang Tengah

KUCHING, Feb 26 (Bernama) -- Sarawak’s economy is expected to grow between five and six per cent this year, according to state Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

Anaqua Acquired By Nordic Capital To Boost IP Management Growth

KUALA LUMPUR, Feb 26 (Bernama) -- Anaqua has announced that Nordic Capital, a technology & payments private equity investor, has acquired a controlling interest in the company from Astorg.

Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector

KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.

EPF 2024 Dividend Rate To Range From 6.0 Pct-6.2 Pct - Analyst

By Karina Imran

KUALA LUMPUR, Feb 26 (Bernama) -- The Employees Provident Fund (EPF) is projected to announce a dividend rate of between 6.0 per cent and 6.2 per cent for 2024, supported by robust global and domestic economic conditions, said an analyst. 

Bursa Malaysia Slightly Higher In Early Trade

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia opened lower but turned slightly higher amid uncertainties as traders digested the US consumer confidence report and US President Donald Trump’s policy impact on the American economy, said an analyst. 

Malaysia Remains A Top Investment Destination For Europe And US, Nearly RM20 Bln Investment Commitments Identified

KUALA LUMPUR, 26 Feb (Bernama) -- Malaysia remains a top destination for European and US investors even though the country has joined BRICS as a partner country.

Malaysia's Economy Shows Resilience Amid Global Uncertainty

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

Unlocking Intra-ASEAN Investment Opportunities Key To Regional Integration -- BNM Governor

KUALA LUMPUR, Feb 25 (Bernama) -- Intra-ASEAN investment opportunities remain largely untapped and significant efforts are still needed to achieve regional regulatory alignment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Abdul Ghaffour.