KUALA LUMPUR, Aug 29 (Bernama) -- Mongolia’s largest washed hard coking coal producer and exporter, Mongolian Mining Corporation (MMC), reported a nearly 36 per cent year-on-year drop in revenue to US$346.6 million for the first half ended June 30, 2025 (1H2025), as weaker coal prices dampened earnings despite stable sales volumes. (US$1=RM4.20)
KUALA LUMPUR, Aug 29 (Bernama) -- The government is in the process of drafting an act related to government-linked companies (SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.
KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.
KUALA LUMPUR, Aug 28 (Bernama) -- The Government Procurement Bill 2025 does not increase the powers of the finance minister but instead limits them by introducing a stronger system of checks and balances, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 27 (Bernama) – The government’s initiatives and commitment to develop four airports in the country into cargo aviation hubs were the focus of the National Aviation Consultative Council (NACC) 2025 meeting, according to the Transport Ministry.
KUALA LUMPUR, Aug 27 (Bernama) -- The government has proposed the Government Procurement Bill 2025 as a continuation of the Public Finance and Fiscal Responsibility Act 2023 (FRA), which complements the Financial Procedure Act 1957, to further strengthen fiscal management.
KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is expected to begin domestic production of sustainable aviation fuel (SAF) before the end of 2025 with the start of commercial operations by Ecoceres Renewable Fuels Sdn Bhd in Tanjung Langsat, Johor, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
KUALA LUMPUR, Aug 26 (Bernama) -- Malayan Banking Bhd (Maybank) continues to pursue growth opportunities across segments despite soft market conditions, said president and group chief executive officer (GCEO) Datuk Seri Khairussaleh Ramli.
