Malaysia Money Matters Daily News Digest 27th May 2025

In today’s episode of Malaysia Money Matters, we break down a wave of major corporate earnings, tech infrastructure expansions, and regional renewable energy ambitions. From AMMB’s record profit to TNB and Petronas exploring green power exports with Singapore and Vietnam, we unpack what these developments mean for Malaysia’s economic momentum—and your bottom line.🇲🇾 Malaysian Company & Market News🔹 AMMB Delivers Record FY2025 Net ProfitReports RM2B in earnings, up 7%, with net impairments down 56% and dividend payout raised to 30.2 sen. CEO flags global headwinds, but asset quality remains strong.🔹 Maybank, Public Bank See Softer NII GrowthMaybank’s Q1 net profit up 4% to RM2.59B, buoyed by insurance. Weak non-interest income prompts CIMB Securities to warn of potential KLCI earnings downgrades.🔹 Autocount.com Profit TriplesQ1 net profit jumps to RM13.65M, driven by demand for e-invoicing software amid Malaysia’s digitalisation push.🔹 ITMAX, MyEG See Tech-Driven GainsITMAX’s Q1 profit rises 12%, powered by smart infrastructure contracts. MyEG expands Zetrix blockchain use via new Singapore partnership for digitising cross-border trade.🔹 U Mobile Inks RM2.4B 5G Deal with TM10-year agreement leverages TM’s fibre backbone, accelerating U Mobile’s 5G rollout to hit 80% population coverage by mid-2026.🔹 IJM Secures RM1.4B Highway ContractWins New Pantai Expressway extension; seen as a positive step toward unlocking toll road asset value.🔹 Petronas Gas Counts RM170M Pipeline Fire ImpactApril incident expected to dent FY earnings by RM60M, though Q1 results remained resilient.🔹 Samaiden Group Bags RM101M Solar ProjectTo build solar plant in Kelantan under LSS5. Aligns with Malaysia’s clean energy targets.🔹 Regional Green Power Push: TNB, Petronas, Sembcorp & PTSCMalaysia, Singapore, and Vietnam explore renewable power exports via new subsea cable—a major step toward a connected ASEAN energy grid.🔹 Other HeadlinesFelda makes new bid for FGV. Malaysia Smelting hit by windfall tax. Sime Darby Plantation sees softer CPO prices. MAHB reports 13.9% passenger growth in April. Oppstar posts loss. Hong Leong Bank partners with Lombard Odier.🌏 Global Developments & Regional Trends🌐 Trump Delays EU Tariffs Until July 9Temporary relief adds volatility to global trade outlook, complicating the US Fed’s interest rate stance.📉 US Dollar Weakens, Ringgit Eyes UpsideRinggit gains amid softer USD and US fiscal concerns. But Bursa Malaysia sees net foreign outflows after a four-week buying streak.🔋 Indonesia’s Power Plan Prioritises RenewablesNew roadmap boosts solar and hydro while scaling back gas and coal—reinforces regional shift toward clean energy.🔗 ASEAN-China Trade Deals UpgradedNew chapters on digital economy and supply chain integration added. Formal signing expected by year-end.⚠️ US Tariffs Complicate Global Inflation OutlookFed and global central banks assessing inflation risks linked to rising protectionism and shipping delays.🦠 Brazil’s Bird Flu Outbreak Threatens Chicken Supply ChainGlobal poultry exports face disruption, raising risks for food inflation.📌 Key Takeaways & Investor Insights✅ AMMB’s record profit highlights pockets of banking sector strength—but broader softness in NII may weigh on the KLCI outlook.✅ Digital infrastructure, e-invoicing, and blockchain adoption continue driving tech sector gains.✅ Malaysia’s role in ASEAN’s green energy export ambitions signals future-facing economic positioning.✅ Regional monetary and trade policies are being shaped by US volatility, underscoring the importance of currency and policy resilience.✅ Investors should watch infrastructure and renewable energy plays, particularly those aligned with regional collaboration and national targets.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple Podcasts.Malaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit mmoneymatters.substack.com