TM’s Q2 profit to rise on cost savings despite weaker revenue
KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) core net profit for the second quarter of 2025 (2Q25) is expected to grow by four to nine per cent, even as…
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Ringgit Opens Lower Against US Dollar Ahead of GDP Data
KUALA LUMPUR: The ringgit started Friday weaker against the US dollar, as investors stayed cautious ahead of Malaysia’s second-quarter 2025 gross domestic product (GDP) release later today, amid…
Azalina: Petronas remains fully owned by Federal Government
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) remains under the sole ownership of the federal government, though measures have been introduced to boost state participation through strategic collaboration platforms,…
EPF boosts YTL Power stake, signalling confidence in long-term growth
KUALA LUMPUR: The Employees Provident Fund (EPF) has been steadily increasing its shareholding in YTL Power International Bhd, alongside major shareholder YTL Corp Bhd, in what market watchers…
Low Pay, 84-Hour Weeks: Malaysia’s Doctor Shortage Under Scrutiny
KUALA LUMPUR – Two years ago, *Manisha was knocked off her motorcycle by a delivery rider and dragged 20 metres across the road. “Half of my face was…
Norway’s Wealth Fund Cuts Malaysian Stock Holdings, Boosts Bond Investments
KUALA LUMPUR (Aug 14): Norway’s sovereign wealth fund has pared back its exposure to Malaysian equities in the first half of 2025, while significantly expanding its holdings in…
Malaysia’s Mobile Connectivity Hits 130%: Infobip
KUALA LUMPUR: Malaysia’s mobile connectivity penetration has soared to 130 per cent, according to a report by cloud communications provider Infobip. The report revealed that mobile adoption in…
Vincent Tan Boosts Direct Stake in Berjaya Food with Major Share Purchase
KUALA LUMPUR: Tan Sri Vincent Tan Chee Yioun has increased his direct ownership in Berjaya Food Bhd (BFood) to over five per cent after acquiring 31.5 million shares…
Sultan of Perak inaugurates Sultan Muzaffar Shah Bridge
KUALA KANGSAR: The Sultan of Perak, Sultan Nazrin Muizzuddin Shah, today officially opened the Sultan Muzaffar Shah Bridge at Dataran Manong. Accompanied by the Raja Permaisuri of Perak, Tuanku…
EPF’s 2Q Investment Income Surges 22% to RM20.61b
KUALA LUMPUR (Aug 14): The Employees Provident Fund (EPF) reported a 22% jump in investment income to RM20.61 billion for the second quarter ended June 30, 2025 (2QFY2025),…
