17d ago
KUALA LUMPUR, May 29 (Bernama) -- OSK Holdings Bhd posted a higher net profit in the first quarter ended March 31, 2026 (1Q FY2026) by 11 pct to RM138.04 million, supported by a stronger operating profit from the property and financial services businesses, and higher investment income from the group’s stake in RHB Bank Bhd.
17d ago
KUALA LUMPUR, May 29 (Bernama) -- Stoneshield Capital, an European investment firm, has completed the final close of its Opportunity Fund IV at its hard cap of 1.5 billion euros in capital commitments, exceeding its original 1.0 billion euros target amid strong investor demand for European real assets. (1 Euro = RM4.63)
18d ago
KUALA LUMPUR, May 28 (Bernama) -- Ryt Bank has launched a new in-app investment platform called Ryt Invest, marking a first for digital banking in Malaysia by bringing shariah-compliant investing with zero per cent sales charge.
18d ago
KUALA LUMPUR, May 28 (Bernama) -- Malayan Banking Bhd (Maybank) recorded a net profit of RM2.48 billion for the first quarter ended March 31, 2026 (1Q 2026), compared to RM2.58 billion last year, supported by improved net interest margins (NIMs), disciplined cost and asset quality management, and higher core fees.
18d ago
KANGAR, May 28 (Bernama) — The Northern Corridor Economic Region (NCER) has intensified the strategic development of the Malaysia–Thailand border area to attract high-value investments, while strengthening the northern region’s position as a new global supply chain hub based on the “China +1” strategy.
19d ago
KUALA LUMPUR, May 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM43 billion grid modernisation programme is gearing up to meet Malaysia’s growing data centre demand, with future energy requirements already incorporated into broader national generation planning to ensure long-term system readiness.
20d ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading.
21d ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s total trade with its major trading partners reached a record high of RM1.127 trillion from January to April 2026, surpassing the RM1 trillion mark within the first four months of the year.
21d ago
KUALA LUMPUR, May 25 (Bernama) — IHH Healthcare Bhd is leveraging artificial intelligence, operational efficiency and ambulatory care expansion to manage rising medical inflation without heavily passing costs on to patients.
21d ago
KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.
21d ago
KUALA LUMPUR, May 25 (Bernama) -- MNRB Holdings Bhd expects to complete its acquisition of Labuan Reinsurance (L) Ltd (Labuan Re) by the fourth quarter of 2026.
21d ago
KUALA LUMPUR, May 25 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first quarter of the financial year ended March 31, 2026 (1Q FY2026), underscoring the group’s continued commitment to strengthening Malaysia’s energy security, enhancing grid resilience and delivering long-term value to the nation and the rakyat.