1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies Act 2010 [Act 710].
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a higher net profit of RM122.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM32.84 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023.
1y ago
From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s mission is to enhance ASEAN trade and investment, which he believes are currently insufficient, as Malaysia prepares to assume the ASEAN chairmanship in 2025.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The termination of the share subscription agreement (SSA) between Digital Nasional Bhd (DNB) and Telekom Malaysia Bhd (TM) will not jeopardise 5G access for the latter’s customers, said Digital Minister Gobind Singh Deo.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)
1y ago
KUALA LUMPUR, 26 Nov (Bernama) -- The Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) are looking at the possibility of extending the implementation of the mySalam scheme for two more years.
1y ago
SEOUL, Nov 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held a meeting today with several family-owned business tycoons, locally known as "chaebols", as part of efforts to attract more foreign direct investment (FDI) into Malaysia.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia and to collaborate in efforts to boost and achieve mutual prosperity.