11m ago
KUALA LUMPUR, Dec 19 (Bernama) -- The International Construction Week (ICW) and Malaysia International Building and Construction Industry Exhibition (BuildXpo) 2024 successfully registered RM654.4 million in projected trade value this year, marking a 32 per cent surge from RM494.3 million in 2023.
11m ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network.
11m ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) reported a total of 11.2 million passenger movements across its airport network in November 2024, reflecting a robust 16.1 per cent growth compared to November 2023 and reaching 96.7 per cent of pre-pandemic levels.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The government will study the feasibility of the proposed portability of medical and health insurance/takaful (MHIT) products to ensure continuous and effective access to care, said Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The electrical and electronics (E&E) segment has recorded the highest realised investment performance of RM4.8 billion during the period from January to June 2024, according to the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Northport (Malaysia) Bhd has achieved new annual throughput records in its container and conventional cargo business segments, handling 3,328,508 twenty-foot equivalent units (TEUs) as of Nov 27, 2024, surpassing its previous annual record of 3,324,364 TEUs set in 2021.
1y ago
PUTRAJAYA, Dec 2 (Bernama) -- The Medical Device Authority (MDA) has announced a tax deduction incentive under subsection 44(11C) of the Income Tax Act 1967 for sponsors providing cash contributions to support the 28th Global Harmonisation Working Party (GHWP) Annual Meeting and the International Medical Device Exhibition and Conference 2024 (IMDEC 2024).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia's franchise industry has recorded encouraging growth with an investment potential of more than RM911 million as of November 2024 compared with RM700 million a year ago, according to the Entrepreneur and Cooperatives Development Ministry (KUSKOP).
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) -- Pharmaniaga Bhd has recorded a net profit of RM101.03 million in the third quarter (3Q) ended Sept 30, 2024, from a net loss of RM49.34 million in the same period last year.