Rubber Market Ends Lower

By K. Naveen Prabu

KUALA LUMPUR, July 3 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in the regional rubber futures markets and losses in crude oil prices, a dealer said. 

Malaysia’s Sustainability Reporting Earns Global Recognition In IFRS Profile

KUALA LUMPUR, June 13 (Bernama) -- Malaysia has been recognised as the only ASEAN jurisdiction to adopt the international sustainability standards board (ISSB) standards with limited transition, according to the international financial reporting standards (IFRS) foundation’s latest jurisdictional profile.

Raya Airways Expands Zhengzhou Cargo Route, Strengthens Malaysia-China Trade Lanes

KUALA LUMPUR, April 21 (Bernama) -- Scheduled all-cargo airlines, Raya Airways, is boosting its Kuala Lumpur-Zhengzhou (KUL-CGO) route to six flights a week in a bold move to strengthen trade ties between Malaysia and China. 

Raya Airways Expands Zhengzhou Cargo Route, Strengthens Malaysia-China Trade Lanes

KUALA LUMPUR, April 21 (Bernama) -- Scheduled all-cargo airlines, Raya Airways, is boosting its Kuala Lumpur-Zhengzhou (KUL-CGO) route to six flights a week in a bold move to strengthen trade ties between Malaysia and China. 

Taobao Malaysia To Introduce Malay-language Interface By June

KUALA LUMPUR, April 21 (Bernama) -- E-commerce platform Taobao Malaysia plans to roll out a Bahasa Malaysia interface by June 2025.

PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Utilities Sector Outlook Remains Upbeat

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s utilities sector outlook remains upbeat, particularly as the renewable energy (RE) space has strong growth potential, with several key drivers set to boost its near-term performance.

Felcra Records Final Distributable Profit 2024 Of RM192.51 Mln - Ahmad Zahid

KUALA BERANG, March 8 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has announced a final distributable profit for 2024 amounting to RM192.51 million for Felcra Bhd’s participant project.

High EPF Dividend Boosts Confidence In Malaysia's Market, Investment – Economists

KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.  

EPF Ranks Among Largest Pension Funds In The World -- CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund (EPF) ranked the 13th largest pension fund in the world and the fifth largest in Asia as at September 2024, said chief executive officer Ahmad Zulqarnain Onn.

iHerb Hits US$2.4 Bln In 2024 Sales, Boosting Global Growth

KUALA LUMPUR, Feb 25 (Bernama) -- iHerb, one of the world's leading online retailers for health and wellness products, celebrated a groundbreaking 2024, with net sales surpassing US$2.4 billion, marking a historic peak for the company. (US$1=RM4.40)

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.