Sabah UMNO granted autonomy at UMNO assembly [ 12m ago ]

BUSINESS News List

Malaysia's halal industry market value to reach RM614.36 bln by 2025

KUALA LUMPUR, Dec 6 -- Malaysia’s halal industry market value is expected to reach US$147.4 billion (approximately RM614.36 billion) by 2025, according to the Halal Industry Development Corporation (HDC).

TNB gets nod to continue ICPT in H1 2020

KUALA LUMPUR, Dec 6  -- The government, via a letter from the Energy Commission, has given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the imbalance cost pass-through (ICPT) mechanism for the period from Jan 1-June 30, 2020 (H1 2020).

Bank Rakyat's 9-mth pre-tax profit, zakat jumps 4.0 pct to RM1.29 bln

KUALA LUMPUR, Dec 6 -- Bank Rakyat Group’s profit before tax and zakat (tithe) for the first nine months ended Sept 30, 2019 rose 4.0 per cent to RM1.29 billion from RM1.24 billion in the same period last year.

MPOB to play endearing role for palm oil family

KUALA LUMPUR, Dec 6 -- Malaysian Palm Oil Board (MPOB) would assume the endearing role of keeping every party in the palm oil industry in sync by setting up among others, a palm oil forum.

AirAsia Group expects non-airline business to contribute 60 pct to revenue

KUALA LUMPUR, Dec 6 - - AirAsia Group Bhd expects its non-airline ticketing business to contribute 60 per cent to revenue, from about 20 per cent currently, in the next five years, said group chief executive officer (CEO) Tan Sri Tony Fernandes today. 

BNM's international reserves remain at US$103.2 bln

KUALA LUMPUR, Dec 6 -- Bank Negara Malaysia’s (BNM) international reserves remained unchanged for three straight periods at US$103.2 billion US$1=RM4.16) as at Nov 29 from Oct 31.

PLUS bags four gold at 2019 Malaysia PR Awards

KUALA LUMPUR, Dec 6 -- PLUS Malaysia Bhd (PLUS), the country’s largest toll highway company, won six awards at the 2019 Malaysia PR Award (MPRA) ceremony recently.