AMMB Holdings Bhd (AmBank Group) saw its net profit rise 9.23% to RM427.91 million in its fourth financial quarter ended March 31, 2023 (4QFY2023), from RM391.75 million a year ago, due to increase in the group’s fund based income from interest bearing assets and increase in the non-interest income.

AmBank posts 9% rise in 4Q net profit, declares 12.3 sen dividend

A decline in average product prices, coupled with higher utility and fuel costs, dragged Petronas Chemicals Group Bhd's (PetChem) net profit for the first quarter ended March 31, 2023 (1QFY2023) down 74.37% to RM532 million, from RM2.08 billion a year ago.

PetChem's 1Q net profit down 74% as product prices fall, operating costs rise

Bahvest Resources Bhd’s founder and managing director-cum-chief executive officer Datuk Lo Fui Ming said he and his son, Bahvest executive director Lo Tek Yong, are “seriously considering” resigning as directors of the Sabah-based gold mining company after many hurdles, including poison pen letter, boardroom tussles, authorities’ raid and halted mining production.

Bahvest founder Lo and son say 'seriously' considering resigning to focus on Southsea Gold

ANKARA (May 28): President Tayyip Erdogan extended his two decades in power in elections on Sunday, winning a mandate to pursue increasingly authoritarian policies which have polarised Türkiye and strengthened its position as a regional military power.

Türkiye's Erdogan prevails in election test of his 20-year rule

KUALA LUMPUR (May 29): Several  individuals in the United States and other countries throughout the world are worth more than what the government has.

These billionaires have more money than the US Treasury right now — report

ISKANDAR PUTERI (May 28): The government has not planned to revise the economic growth forecast this year, following the depreciation of the ringgit’s value in the last two weeks.

No plans to revise economic growth projection, says Rafizi

IPOH (May 28): Newspapers will continue to play an important role in disseminating information and can survive, if they maintain their standards and integrity, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Newspapers can still play important role

IPOH (May 28): The Ministry of Communications and Digital is committed to ensure the establishment of the Malaysian Media Council (MMC).

Communications and Digital Ministry committed to establishing Malaysia Media Council, says Fahmi

KUALA LUMPUR (May 28): The Malaysian Strategic Maritime Association (Mastra) sees the restructuring of the implementation of the littoral combat ship (LCS) project as a golden opportunity to restore and strengthen Malaysia's tarnished maritime ecosystem in general.

Mastra: Restructuring of LCS project will restore, strengthen Malaysia’s maritime ecosystem

KUALA LUMPUR (May 28): The Asia Pacific Economic Cooperation (Apec) needs to ensure that trade policies among its member countries prioritise green economic policies and build a resilient global health system.

Apec needs to ensure trade policy prioritises green economy, build resilient global health system, says Liew

(May 28): Bernard Arnault, the world’s richest man, will scrap a plan to build a luxury hotel in Beverly Hills after residents in the wealthy city appeared to vote against the project.

World’s richest man throws in towel on Beverly Hills Hotel

Sarawak has proposed the construction of the Trans-Borneo Railway, a train service across the island of Borneo.

Premier Tan Sri Abang Johari Tun Openg said the Sarawak government had submitted the proposal for the construction of the railway to the Ministry of Transport (MOT) in a meeting here on Saturday (May 27).

Sarawak proposes construction of Trans-Borneo Railway

Datuk Seri Anwar Ibrahim on Saturday (May 27) stressed that he would not have raised the possibility of Perikatan Nasional (PN) using proceeds from gambling companies in its 15th general election (GE15) campaign if he did not have a basis for saying so.

Anwar says he has basis for raising gambling proceeds issue regarding PN

The government has no choice but to take over Boustead Naval Shipyard Sdn Bhd (BNS), the company responsible for the construction of the littoral combat ships (LCS), so that the project could be completed.

Highlight

‌
‌

Highlight

‌‌

‌
‌