1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The government will introduce the New Investment Incentive Framework (NIIF) which will be implemented from the third quarter of 2025, said Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
1y ago
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
1y ago
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.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Capital A Bhd’s aviation arm, AirAsia Aviation Group (AirAsia), carried 63.18 million passengers in the financial year ended Dec 31, 2024 (FY2024) with a load factor of 89 per cent, lifted by robust demand and strategic capacity growth.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia's Service Producer Price Index (SPPI) continued its uptrend, rising by 0.5 per cent in the fourth quarter (4Q) of 2024, compared to 0.3 per cent in 3Q 2024, reflecting a rise in services sector pricing, according to the Statistics Department (DoSM)
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
1y ago
KUALA LUMPUR, Jan 21 (Bernama)-- MNRB Holdings Bhd posted a net profit of RM115.9 million in the third quarter ended Dec 31, 2024 (3Q FY2025), marking a 37 per cent increase from RM84.6 million in the same period last year.