Axis REIT’s FY2024 Net Profit Falls To RM210 Mln

KUALA LUMPUR, Jan 23 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a lower net profit for the financial year ended Dec 31, 2024 (FY2024) at RM210 million, down from RM217.77 million recorded in the previous year.

Equativ Unveils Upgraded Adtech Platform For Programmatic Campaign Management

KUALA LUMPUR, Jan 23 (Bernama) -- Equativ, a global independent adtech company, has unveiled significant upgrades to its all-in-one curation platform, Equativ Buyer Connect (EBC), now renamed Maestro by Equativ.

Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year. 

CapitaLand Malaysia Trust Up After Posting Higher FY2024 Profit

KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.

MSMEs Must Achieve Targets Of 41 Pct GDP Contribution, 15 Pct Export Contribution In 2025 -- Ewon

KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.

ASEAN Data Centre Revenue To See 20 Pct CAGR By 2028

KUALA LUMPUR, Jan 22 (Bernama) -- ASEAN data centre revenue is expected to see a 20 per cent compound annual growth rate (CAGR) by 2028, according to Maybank Investment Bank Bhd (Maybank IB).

MAHB Privatisation Nears Completion, Marks New Chapter For The Airports

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is closer to privatisation, with the deal now nearly finalised as it reached 86.5 per cent acceptances, said a foreign bank analyst.

MNRB Posts Higher 3Q FY2025 Net Profit Of RM115.9 Mln

KUALA LUMPUR, Jan 21 (Bernama)-- MNRB Holdings Bhd posted a net profit of RM115.9 million in the third quarter ended Dec 31, 2024 (3Q FY2025), marking a 37 per cent increase from RM84.6 million in the same period last year.

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.

Domestic Demand, Tech Recovery, Strategic Investments To Drive Malaysia's Growth In 2025 - AMRO Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia is projected to sustain robust economic growth in 2025 despite facing external challenges, driven by resilient domestic demand, surging foreign investments, and recovery in global technology demand.

SC Releases Guide For Assist Boards Drive Sustainability Reporting

KUALA LUMPUR, Jan 20 (Bernama) -- The Securities Commission Malaysia (SC) has released ‘Navigating the Transition: A Guide for Boards’ (Board Guide), a simplified reference designed to help company boards adopt the National Sustainability Reporting Framework (NSRF). 

Fajarbaru, PDC Ink Master PDA For Phase 1 Of Penang Medi-city

GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed the master purchase and development agreement (master PDA) for the first phase of the Penang Medi-City project in Batu Kawan.