📢 Evening News Update | Key Financial & Economic Headlines

Stay informed with the latest business, financial, and economic updates from Malaysia, international markets, and Asia.

🇲🇾 Malaysia News:

📌 Hap Seng Plantations’ Net Profit Surges Fourfold
Hap Seng Plantations has reported a fourfold increase in net profit for Q4 2024, reaching RM85.01 million.

The surge in earnings was driven by higher crude palm oil (CPO) sales and rising prices, boosting revenue by 33.7% to RM223.37 million.

The company has declared an 11-sen dividend, bringing the total annual payout to 12.5 sen per share. With global palm oil demand expected to grow in 2025, Hap Seng remains optimistic about continued financial strength.

🌍 International News:

📌 United Nations Calls for Urgent Renewable Energy Investments
The United Nations has issued a new climate action report, urging governments worldwide to triple renewable energy investments by 2030 to prevent global warming from exceeding 1.5°C.

The report highlights the importance of shifting away from fossil fuels and accelerating the transition to solar, wind, and other sustainable energy sources.

Policymakers are under increasing pressure to implement stronger environmental commitments as climate change continues to impact economies and industries worldwide.

🌏 Asia News:

📌 South Korea Attracts Record-High Foreign Investments
South Korea has secured record-high foreign direct investments (FDI), with billions flowing into manufacturing, semiconductors, and technology sectors.

Key global companies are expanding operations in South Korea due to business-friendly policies, advanced infrastructure, and strong innovation in high-tech industries.

Analysts predict that South Korea will continue to be a leading investment hub in Asia, driving growth in the global technology and manufacturing markets.

👉 Stay updated with the latest financial and economic news. Check back for more updates throughout the day!