MSM Returns To Black With RM31.25 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 24 (Bernama) -- MSM Malaysia Holdings Bhd (MSM) has returned to the black in the financial year ended Dec 31, 2024 (FY2024), recording a net profit of RM31.25 million compared to a net loss of RM49.88 million in FY2023.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Downstream Agricommodity Sector Records GDP Of RM30.1 Bln Up To 3Q 2024

KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.

222 Bumiputera MSMEs Benefit From RM34.44 Million In BEEP Grants Up To Dec 2024 - MECD

KUALA LUMPUR, Feb 12 (Bernama) -- A total of 222 Bumiputera micro, small, and medium enterprises (MSMEs) have benefited from the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia with grant approvals totalling RM34.44 million, up to December 2024.

Haos Ek? Eyes Export Market, Targets Bursa Malaysia Listing In 2028

KUALA LUMPUR, Feb 11 (Bernama) -- Haos Bhd, a company that produces the local beverage brand Haos Ek?, is expanding into the export market and taking steps towards listing on the Bursa Malaysia in 2028.

Pantech Global Not Expected To Be Affected By US Tariffs On Steel, Aluminium

KUALA LUMPUR, Feb 10 (Bernama) -- Pantech Global Bhd is not expected to be affected by US President Donald Trump’s plan to impose a 25 per cent tariff on all steel and aluminium imports.

Proton's EV Plant Enhances AHTV, Creates 3,000 Jobs Opportunities - Saarani

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd’s electric vehicle (EV) assembly plant in Tanjung Malim will mark a new chapter in strengthening the development of the Automotive High Technology Valley (AHTV), said Perak Menteri Besar Datuk Seri Saarani Mohamad.

Malaysia Remains Careful Of US Tariffs, Ready To Take Advantage Of Geopolitical Opportunities -- Tengku Zafrul

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) --  It is too early to determine whether the tariffs imposed by the United States on Canada, Mexico and China will harm or benefit Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

ACCCIM Urges Govt to Provide Export Credit Scheme, Lower Import Duties

KUALA LUMPUR, Feb 3 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has urged the government to provide an export credit scheme and lower import duties on raw materials to support businesses, particularly micro, small, and medium enterprises.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.

Malaysia's External Trade To Expand In 2025, Exports Up 4.9 Pct, Imports To Rise 4.5 Pct

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia's exports and imports are set to continue growing in 2025, with external trade expected to expand further.