JCorp's FY2025 Profit After Tax More Than Doubles To RM703 Mln

KUALA LUMPUR, June 22 (Bernama) -- Johor Corporation’s (JCorp) profit after tax (PAT) for the financial year ended Dec 31, 2025 (FY2025) more than doubled to RM703 million from the previous year, driven by sustained growth and strong performance across its key business segments.

Malaysia Well-positioned To Lead In Energy Transition Financing - TNB Chief New Energy Officer

KUALA LUMPUR, June 21 (Bernama) -- Overwhelming response to two Islamic bond issuances by Tenaga Nasional Bhd (TNB) totalling RM2.5 billion for energy transition projects shows that Malaysia is well-positioned to lead in energy transition financing within the region.

Vestland Unit Secures RM65 Mln Works Contract

KUALA LUMPUR, June 19 (Bernama) -- Construction company Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd (VISB) has accepted a letter of award from Scanwolf Trading & Construction Sdn Bhd (STCSB) for a works contract worth RM65 million.

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

UOB Malaysia Enhances Privilege Banking, Aims To Double Affluent Clientele By 2028

KUALA LUMPUR, June 18 (Bernama) -- UOB Malaysia has enhanced its Privilege Banking offering with expanded wealth advisory services, personalised client support and lifestyle benefits as it targets to double its affluent customer base by 2028.

Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

BDB Land Develops RM41.5 Mln GDV Commercial Hub In Jitra

ALOR SETAR, June 18 (Bernama) --  BDB Land Sdn Bhd (BDB Land), a wholly owned subsidiary of Bina Darulaman Bhd (BDB), is developing a new commercial centre, the Darulaman Commercial District (DCD), with a gross development value (GDV) of RM41.5 million in Bandar Darulaman, Jitra.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.

Uzbekistan To Attract More FDIs Through Improvements In Investment Climate - President

TASHKENT, June 17 (Bernama) -- Uzbekistan is looking to lure more foreign direct investments (FDIs) as the country implements systemic measures to improve its investment climate, including the establishment of the Tashkent International Financial Centre (TIFC) and expanded privatisation initiatives.

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Scanwolf Secures RM75 Mln Substructure Project In KL

KUALA LUMPUR, June 16 (Bernama) -- Scanwolf Corporation Bhd (SCB) has secured a RM75 million contract for piling and substructure works related to a 74-storey mixed development project in Jalan Pavilion, Kuala Lumpur.

Affin Hwang Investment Bank Launches ELIs To Help Investors Navigate Market Volatility

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd today launched Equity-Linked Investments (ELIs) to provide investors customised exposure to a broad range of underlying assets while supporting diverse market and risk-return objectives amid ongoing global uncertainties.