CIMB’s Net Profit Falls 32.6 Percent in Q2

MALAYSIA - Kuala Lumpur-headquartered universal bank CIMB Group posted a 32.6 percent decline in net profit in the second quarter of this year to...
Titijaya Land

Malaysia: Titijaya Land teams up with Tokyu Land

Bursa Malaysia-listed property developer Titijaya Land Berhad (Titajaya) has signed a memorandum of understanding with Tokyu Land Corporation (TLC) to establish a provisional collaboration...

Nestle Malaysia Leads Gainers At Malaysia Stock Exchange

MALAYSIA - Shares of Nestle (Malaysia) Berhard (NESZ:MK) inched higher on Friday's trading at the Bursa Malaysia, leading a list of top gainers with...

Guidance Investments Announces First Closure of Logistics Real Estate Investment Fund

KUALA LUMPUR, MALAYSIA - Guidance Investments has announced the first closure of its Logistics Real Estate Investment Fund, South East Asia’s first Fund focused...

Malaysia Targets 100 Companies in Price Reduction Drive

KUALA LUMPUR, MALAYSIA - At least 100 local and international companies have been targeted to participate in the price reduction campaign that the Domestic...

Malaysians Rush for Anti-Virus Sanitiser, NatShield(TM), after Pharmacies Restock on Concerns of Spread of...

Amidst growing concerns of infection by the Wuhan coronavirus, Malaysians queued up today at local pharmacies to stock up on a handheld NatShield(TM) sanitizer...

Enhancing Positive Development in Youths

Selangor, Malaysia -- Authoritative parenting is significantly linked to positive youth development, according to a recent study published in the Pertanika Journal of Social...

Technology Aggravates Global Insurance Fraud – Bank Negara Malaysia

MALAYSIA - Bank Negara Malaysia (BNM) deputy governor Datuk Muhammad Ibrahim said advancement in technology has, to some extent, aggravated the magnitude of insurance...

U for Life, Malaysia’s First Internet Insurance Platform, Launched

MALAYSIA – U for Life, Malaysia’s first Internet insurance platform, has been launched to provide Malaysians an easy access to life insurance products online. U...

Tenaga Nasional’s Stock Gains 2.4 Percent After Failing to Buy Assets of 1MDB

MALAYSIA - Tenaga Nasional Bhd (5347)'s stock was up 2.38 percent at noon Tuesday to lead other stocks traded at the Malaysian stock exchange. Shares...

Hong Leong MSIG Takaful CEO Quits

Wan Mohd Fadzlullah Wan Abdullah, CEO of Hong Leong MSIG Takaful (HLMT), a joint venture between Hong Leong Financial Group Malaysia and Japan’s Mitsui...

Islamic Bond Sales in Malaysia Hits 16-month High in April

MALAYSIA - Sales of Islamic bonds, also known as sukuk, in Malaysia hit its highest in 16 months in April at USD3.1 billion, figures...

Hatten Land Secures New Strategic Investor for Harbour City Project in Melaka in a...

SINGAPORE, Aug 12, 2020 - (ACN Newswire) - Hatten Land Limited ("Hatten Land" or the "Company" and together with its subsidiaries, the "Group"), the leading developer in the...

Malaysia’s KIP REIT Receives Strong Response from Institutional, Retail Investors

KUALA LUMPUR -- Main Market-bound first hybrid community-centric retail Real Estate Investment Trust, KIP REIT, recently held its balloting ceremony at Malaysian Issuing House Sdn....

Fully-fledged Smart Factory to be unveiled at SEMICON Southeast Asia 2019

(ACN Newswire) - Smart factories are fast becoming mainstream in the manufacturing industry, offering a new level of efficiency and productivity. Factories are no longer simply...

FBI Joins List of Foreign Authorities Investigating Malaysia’s 1MDB

The Federal Bureau of Investigation (FBI) of the United States has launched its own investigation into allegations of money-laundering at troubled 1Malaysia Development Berhard...

Generali Asia Completes 49% Acquisition of Malaysian Insurer

MALAYSIA - Pursuant to the agreement signed on 18 December 2014, Generali completed the acquisition of a 49 percent stake in Multi-Purpose Insurans Berhad...

Malaysia Attracts USD15.5bn Investments in Q1

Malaysia's Trade and Industry Ministry has reported that the country's approved investments in the primary, services and manufacturing sector for Q1 reached MYR57.4bn (USD15.5bn),...