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High EPF Dividend Boosts Confidence In Malaysia's Market, Investment – Economists

KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.  

Wasco Delivers Best Financial Performance In FY2024, Declares 2 Sen Dividend

KUALA LUMPUR, March 1 (Bernama) -- Energy solution provider Wasco Bhd delivered its best annual financial performance in the year ended Dec 31, 2024 (FY2024) with a 41.2 per cent jump in net profit to RM153.04 million.

EPF's Commendable Dividend Payout To Spur Economic Activities, Support National Growth -- Economists

By Anas Abu Hassan

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Rubber Market To Stay Volatile Next Week On Supply Concerns

KUALA LUMPUR, March 1 (Bernama) -- The Malaysian rubber market is expected to remain volatile next week, driven by mixed signals from regional markets and concerns over supply constraints, according to the Malaysian Rubber Glove Manufacturers Association.  

TNB: Powering Malaysia’s Future, Channelling 60 Pct Of Profits To The Rakyat

KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

ASEAN Must Enhance Internal Cohesion, Diversify Partnerships Amid Global Challenges

KOTA TINGGI, Feb 28 (Bernama) -- ASEAN needs to enhance internal cohesion and diversify its external partnerships to face global economic headwinds, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

BearingPoint Achieves Record Revenue In 2024, Focuses On Future Growth

KUALA LUMPUR, Feb 28 (Bernama) -- Management and technology consultancy BearingPoint reported a record 1.069 billion euros in revenue for 2024, marking its fourth consecutive year of growth. (1 Euro = RM4.62)

Malaysia, Cambodia Discuss Setting Up Joint Trade Committee -- Tengku Zafrul

KOTA TINGGI, Feb 28 (Bernama) -- Malaysia and Cambodia have discussed the proposal to establish the Malaysia-Cambodia Joint Trade Committee (JTC) to optimise trade promotion, said Minister of Investment, Trade, and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

Singapore's Black Group To Develop S$100 Mln Medical Hotel In Malaysia, Eyes September Launch

KUALA LUMPUR, Feb 27 (Bernama) -- Singapore-based Black Group Investment Holding is investing S$100 million (RM331.45 million) to develop a state-of-the-art medical and hospitality facility in Kuala Lumpur’s Golden Triangle, with operations targeted to begin in September.

RHB Bank Eyes Strong FY2025, Banking On Up To 7 Pct Loan Growth

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.