Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year. 

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.

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd. 

13MP To Introduce Incentives Based On Policies To Drive Behavioural Economics -- Rafizi

KUALA LUMPUR, Jan 23 (Bernama) -- The government will introduce more incentives in the 13th Malaysia Plan (13MP) to stimulate the economy that goes beyond the distribution of funds and projects, said Economy Minister Datuk Seri Rafizi Ramli.

KWAP Awards Accounting System Replacement Project To Censof

KUALA LUMPUR, Jan 23 (Bernama) -- The Retirement Fund Inc (KWAP) has awarded a RM4.27 million contract to Censof Holdings Bhd’s subsidiary Century Software (Malaysia) Sdn Bhd to replace its accounting system with a new one.

Neurogine, Pos Indonesia Launch Mobile Remittance Service For Indonesian Workers In Malaysia

By Jailani Hasan

LABUAN, Jan 23 (Bernama) -- Neurogine Sdn Bhd and Indonesia’s national postal service, PT Pos Indonesia, have jointly introduced Neurogine nRemit, a mobile remittance service designed for the Indonesian Migrant Worker (PMI) community in Malaysia.

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today amid concerns over natural rubber (NR) supply due to wet weather, said a dealer.

Bursa Malaysia Pulls Back Amid Broad-Based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia retreated to close lower today following broad-based selling after a four-day rally, primarily due to profit-taking, amid the mostly weaker regional peers, said an analyst.

Westports Names Ruben Gnanalingam Executive Chairman

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd has redesignated Datuk Ruben Emir Gnanalingam Abdullah as executive chairman of the company and its wholly owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), effective Feb 1, 2025.

Malaysia Made Strong Presence As ASEAN Chair At WEF 2025

DAVOS (Switzerland), Jan 23 (Bernama) -- As the chairman of ASEAN this year, Malaysia had a strong start by delivering the 10-member bloc’s collective voice on its challenges, potentials and its independence in making decisions at the renowned World Economic Forum (WEF) Annual Summit 2025 here.

Various Sectors Expected To Benefit From Synergies, Lucrative Returns From WEF - Anwar

KUALA LUMPUR, Jan 23 (Bernama) -- Various sectors, including education, investment, trade, artificial intelligence (AI), energy, and digital, are expected to benefit directly from synergies and lucrative returns from the World Economic Forum (WEF) 2025, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Stays In The Red At Midday On Continuous Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking after the recent rally, said an analyst.