1d ago
KUALA LUMPUR, Nov 12 (Bernama) -- Johor Plantations Group Bhd posted a lower net profit of RM100.26 million for third quarter (3Q) ended Sept 30, 2026, compared to RM106.03 million in the same period last year, mainly due to lower sales volumes and higher production costs.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 12 (Bernama) -- Independent smallholders are likely to bear the brunt of Malaysia's rising palm oil stockpiles and weakening prices, as they have little flexibility to delay sales and risk facing stricter palm oil mill intake quotas and fruit rejections, according to an analyst.
2d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's latest minimum wage increase is expected to benefit workers through better incomes, while encouraging businesses to step up efforts to improve productivity to ensure that higher wages can be sustained without putting further pressure on prices.
3d ago
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia's economic outlook for the second half of 2026 (2H 2026) is expected to remain positive, with domestic demand continued to be supported by employment gains, targeted fiscal support and ongoing investment activities, according to World Bank Group.
3d ago
KUALA LUMPUR, Nov 11 (Bernama) -- Micro, small and medium enterprises (MSMEs) must scale up their business operations and improve productivity, creating demand for higher skilled workers and providing better-paying jobs, said Economy Minister Akmal Nasrullah Mohd Nasir.
4d ago
By Anas Abu Hassan
SINGAPORE, Nov 9 (Bernama) -- SoftBank Group Corp and Grab Holdings Ltd on Monday announced the signing of joint development agreements in connection with plans for US$1.85 billion (US$1=RM4.06) initial combined seed capital to develop artificial intelligence (AI) infrastructure in Malaysia with Petroleum Sarawak Bhd (Petros).
5d ago
KUALA LUMPUR, Nov 9 (Bernama) -- While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.
9d ago
KUALA LUMPUR, Nov 5 (Bernama) -- SD Guthrie Bhd posted a lower net profit of RM773 million in the third quarter (3Q) ended Sept 30, 2026, from RM935 million in 3Q 2025.
9d ago
KUALA LUMPUR, Nov 4 (Bernama) -- The government is reviewing the proposed implementation of a one per cent sustainable aviation fuel (SAF) blending mandate for international flights departing from Kuala Lumpur International Airport (KLIA) effective January 2027, taking into account current geopolitical developments that are affecting the global energy market.
9d ago
KUALA LUMPUR, Nov 4 (Bernama) -- Google's planned US$15 billion (US1= RM4.07) investment in Malaysia over the next two years is expected to contribute an average of US$1.1 billion annually to the country's gross domestic product (GDP) during the construction phase, while supporting over 37,000 local jobs annually.
10d ago
KUALA LUMPUR, Nov 4 (Bernama) -- Amazon Web Services (AWS) has launched Semarak AI Malaysia, a national programme to accelerate the adoption of artificial intelligence (AI).
10d ago
KUALA LUMPUR, Nov 4 (Bernama) -- The government will ensure that the development of data centres will not affect electricity supply to existing industries which form the backbone of Malaysia’s national economy, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.