1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- DRB-Hicom Bhd posted a pre-tax profit of RM282.56 million for the first nine months ended Sept 30, 2024 (9M FY2024) supported by stable revenue of RM12.23 billion, reflecting a marginal increase of 1.2 per cent compared to the same corresponding period last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Sime Darby Property Bhd (SDP) aims to achieve a more balanced sales contribution between its industrial and residential high-rise segments, said group managing director Datuk Seri Azmir Merican.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits.
1y ago
From Zarul Effendi Razali
DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has concluded the Malaysia International Halal Showcase (MIHAS) in Dubai with resounding success, exceeding the sales target by 120 per cent to RM2.2 billion.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Three Malaysian companies participating under the Malaysia Pavilion at the Cosmoprof Asia 2024 have generated total sales of RM27.33 million during the event.
1y ago
From Zarul Effendi Razali
DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and Export-Import Bank of Malaysia Bhd (EXIM Bank) have signed a memorandum of understanding (MoU) aimed at strengthening trade promotion collaboration on the basis of equality and mutual benefit.
1y ago
GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.