KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.
KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.
KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
KUALA LUMPUR, May 18 (Bernama) -- Malakoff Corporation Bhd’s subsidiaries, GB3 Sdn Bhd and Segari Energy Ventures Sdn Bhd (SEV), have signed power purchase agreements (PPAs) with Tenaga Nasional Bhd to extend the operations of two gas-fired power plants in Lumut, Perak.
KUALA LUMPUR, May 18 (Bernama) -- Abu Dhabi-based Modon Holding and Montage Hotels & Resorts announced the launch of Montage Ras El Hekma, introducing the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast.
KUALA LUMPUR, May 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).
By Siti Noor Afera Abu
KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed concerns over rising global oil prices and potential inflationary spillover across major economies.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), surpassing the advance estimate of 5.3 per cent with robust domestic demand, investment activities and export continued to drive growth, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.
KUALA LUMPUR, May 14 (Bernama) -- FIDO Alliance announced global passkey usage has reached an estimated five billion, reflecting accelerating adoption of passwordless sign-in technologies ahead of Authenticate APAC 2026 in Singapore on June 2 and 3.
