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MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains

KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.

Kerjaya Prospek Group Bags Two Contracts Worth RM34.43 Mln

KUALA LUMPUR, Oct 23 (Bernama) -- Kerjaya Prospek Group Bhd (Kerjaya) has secured two contracts worth RM34.43 million from wholly-owned subsidiaries of Kerjaya Prospek Property Bhd (KPPB), a company owned by certain Kerjaya directors and major shareholders.

Budget 2025 Focused On Sustainable Development, Talent Growth, Strategic Investments

ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.

Budget 2025: LTAT To Leverage GEAR-uP Initiative For RM120 Billion Domestic Investment

KUALA LUMPUR, Oct 19 (Bernama) -- The Armed Forces Fund Board (LTAT) is poised to seize new opportunities through the GEAR-uP initiative, which aims for government-linked investment companies (GLICs) to increase domestic direct investment to RM120 billion over the next five years, making a significant contribution to the sustainability of the nation’s economy.

Govt Proposing 2.0 Pct Dividend Tax On High-Income Shareholders

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing to impose a 2.0 per cent dividend tax on taxable dividend income, after considering allowable exemptions and deductions, effective from the 2025 assessment year.

Saudi Fund For Development Finances Three Projects Worth US$205 Mln In Serbia 

KUALA LUMPUR, Oct 17 (Bernama) -- The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth US$205 million to fund key projects supporting the agriculture, education and energy sectors. (US$1=RM4.29)

Malaysia To Continuously Assess BRICS Engagement For Economic Benefits 

KUALA LUMPUR, Oct 14 (Bernama) --The government will continuously assess the development of the BRICS bloc to ensure that Malaysia’s involvement brings significant benefits to the country, in line with the economic policies such as the MADANI Economic Aspirations and the New Industrial Master Plan 2030.

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

Malaysia Seeks Collaboration With UNESCAP To Attract Investment, Green Initiatives - Tengku Zafrul

From Rosmalis Anuar

VIENTIANE, Oct 8 (Bernama) -- Malaysia is exploring opportunities for collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) to attract investment and green initiatives.

ice’s Network Slicing For Norwegian Armed Forces Powered By Mavenir 5G Core 

KUALA LUMPUR, Oct 8 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, has delivered the full 5G core network for ice to enable a network slicing service.

Sidec Wins Digital Opportunity/Inclusion Award At WITSA Excellence Awards 2024

SHAH ALAM, Oct 8 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (Sidec) bags the Digital Opportunity/Inclusion Award (Public Sector) at the World Innovation, Technology and Services Alliance (WITSA) Excellence Awards 2024, held at Yerevan, Armenia, last Sunday (Oct 6).

Bursa Malaysia Remains Lower At Midday Amid Regional Downtrend

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia remained lower at midday, along with most regional markets, as rising oil prices caused by the Middle East conflict weighed on sentiment, said an analyst.