Newsfeed – Business News
Berjaya Food sinks deeper into the red in FY25
KUALA LUMPUR: Berjaya Food Bhd (BFood), which posted a wider net loss for the financial year ended June 30, 2025 (FY25), said it remains committed to creating long-term value in […]
Affin eyes RM1bil credit card receivables in ‘shortest possible time’
KUALA LUMPUR: Affin Bank Bhd has joined hands with Marriott International Inc to “ride the wave of growth” from Malaysia’s tourism and hospitality rebound, with a target to double its […]
Willowglen’s unit bags RM86.5mil contract from LTA
KUALA LUMPUR: Willowglen MSC Bhd’s wholly-owned unit, Willowglen Services Pte Ltd, has secured a contract worth RM86.5 million from Singapore’s Land Transport Authority (LTA) to replace the expressway traffic and […]
Ringgit ends lower against greenback ahead of US inflation data this Friday
KUALA LUMPUR: The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data. Read full story Date: 27 August, 2025 8:01 pm […]
KLK posts 44% jump in 3Q profit, expects palm oil prices to stay volatile
KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) expects palm oil prices to remain volatile in the second half of 2025 as the industry enters its peak production cycle, with Malaysian […]
MRCB reports lower 2Q25 earnings
PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) net profit for its second quarter ended June 30, 2025 plunged to RM15.07mil from RM51.18mil in the previous corresponding period, while revenue dropped […]
Genting Plantations expects palm product prices to remain stable in the near term
PETALING JAYA: Genting Plantations Bhd, which posted higher revenue and profitability for the second quarter ended June 30 (2Q25) as well as for the first half of the year (1H25), […]
Guan Chong’s 2Q profit falls 28% to RM48.2mil
KUALA LUMPUR: Guan Chong Bhd, which posted a 28% drop in net profit for the second quarter ended June 30 (2Q25), said it will continue to focus on its core […]
Bargain-hunting drives FBM KLCI higher after sharp selloff
KUALA LUMPUR: The FBM KLCI rebounded on Wednesday, lifted by bargain-hunting in blue-chip counters after the sharp selloff a day earlier, amid mostly weaker regional markets. Read full story Date: […]
IGB enters into JV to acquire and develop land in Johor
PETALING JAYA: IGB Bhd has entered into a shareholders agreement with Southkey City Sdn Bhd (SCSB) to establish Enrich Horizon Sdn Bhd (EHSB) to acquire and develop two parcels of […]