Newsfeed – Business News
Sime Darby registers net profit of RM355mil in 1Q
KUALA LUMPUR: Sime Darby Bhd maintained a stable underlying performance in the fist quarter of its financial year (1QFY26), with contributions from the UMW division driven higher by steady demand […]
Bumi Armada’s 3Q net profit falls to RM96mil
KUALA LUMPUR: Bumi Armada Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) fell to RM96.13 million from RM211.33 million posted in the same period last […]
Mah Sing expects resilient property market in 2026
PETALING JAYA: Property developer Mah Sing Group Bhd, which made a net profit of RM66.3mil for its third quarter ended Sept 30, 10.3% higher compared to a net profit of […]
Drive to spur SMEs gains momentum
AMID robust policy support and relentless innovation, China’s drive to cultivate unique small and medium-sized enterprises, or SMEs, is gaining significant momentum, officials and experts said. Read full story Date: […]
Unfavourable forex translation drags Axiata into the red in 3Q25
KUALA LUMPUR: Axiata Group Bhd slipped into the red with a net loss of RM27.35 million in the third quarter ended Sept 30, 2025 (3Q FY2025) from a net profit […]
Hong Leong Bank records stable earnings of RM1.09bil in 1Q
KUALA LUMPUR: Hong Leong Bank Bhd posted flattish earnings in the first quarter of its financial year, on the back of a narrower net interest margin (NIM) following the recent […]
RHB Bank announces record qurterly net profit of RM904.1mil in 3Q
KUALA LUMPUR: RHB Bank Bhd posted its highest-ever quarterly net profit in the third quarter of 2025, on the back of higher income and lower expected credit losses (ECL). Read […]
China’s Anta Sports exploring bid for Puma
CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday. Read full story Date: 27 November, 2025 […]
BMI: Malaysia’s 5G adoption set to accelerate as U Mobile secures RM4.3bil funding
KUALA LUMPUR: U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market. Read full story […]
Banks roll out flood relief assistance for affected customers
KUALA LUMPUR: Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in […]