IOI Properties FY2025 Net Profit Halves to RM1.06 Billion; Announces 8-Sen Dividend
Kuala Lumpur, 26 August 2025 – IOI Properties Group Berhad (IOIPG) has reported a significant decline in its net profit for the financial year ended 30 June 2025…
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TH Plantations Removes CEO Over Misconduct: In-Depth Overview
Kuala Lumpur, 26 August 2025 – TH Plantations Bhd has terminated the contract of its Chief Executive Officer, Mohamed Zainurin Mohamed Zain (58), citing misconduct. A formal letter…
AirAsia X Q2 Net Profit Skyrockets to RM35.2 Million Amid Forex Windfall
KUALA LUMPUR, 26 August 2025 – AirAsia X Bhd posted a remarkable turnaround in 2Q2025, posting a net profit of RM35.2 million, a steep climb from just RM4.8…
Petronas Carigali Taps First Hydrocarbon from Bindu Field
PETRONAS Carigali, a wholly owned subsidiary of PETRONAS, achieved its first hydrocarbon production from the Bindu offshore field on 9 June 2025, marking a major milestone since it…
Nestlé Malaysia Launches First NESCAFÉ Espresso Concentrate Production Line in Asia
Nestlé Malaysia has inaugurated production of NESCAFÉ Espresso Concentrate at its Sri Muda factory in Shah Alam, transforming the site into a regional hub for the booming cold‑coffee…
Affin Bank to Seal Landmark Pact with Marriott Bonvoy
KUCHING – Affin Bank Berhad will tomorrow formalise a partnership with Marriott Bonvoy, the world’s largest hotel chain with over 7,000 properties globally. The collaboration marks the bank’s…
TNG eWallet Enhances Everyday Convenience with Expanded QR Scanning Feature
TNG Digital Sdn Bhd has introduced a notable upgrade to its TNG eWallet app, extending its quick‑response (QR) scanning feature well beyond payment transactions. As of August 26,…
Malaysia’s Boeing Jet Purchase Driven by Strategy, Safety, Not U.S. Trade Pressure
Malaysia’s Investment, Trade and Industry Ministry has firmly clarified that the decision for Malaysia Airlines to acquire Boeing aircraft was grounded in commercial and operational priorities, not influenced…
Malaysia Stands Firm: No GST Revival on Horizon Amid Cost-of-Living Concerns
Malaysia’s Finance Ministry has reaffirmed that there are no plans to reintroduce the Goods and Services Tax (GST) in the foreseeable future, emphasising the government’s commitment to protecting…
Asia Markets Retreat as Trump’s Fed Shake-Up and Tariff Threats Rattle Investors
Asian equities felt the ripple effects of heightened uncertainty emanating from the United States, where President Donald Trump delivered a pair of market jarring moves. His abrupt removal…