Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 -- PM Anwar

PUTRAJAYA, March 6 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.

OPR Aligns With Malaysia's Economic Prospects — BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:  

ASEAN Economic Ministers Achieve Key Milestone By Endorsing Priority Economic Deliverables

By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald

KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.

The 31st AEM Retreat Kicks Off In Desaru

KOTA TINGGI, Feb 28 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat began today in Desaru, with a focus on regional economic integration and strategies to navigate ongoing geopolitical challenges.

Berjaya Corp Net Loss Narrows To RM88.68 Mln In 2Q FY2025

KUALA LUMPUR, Feb 27 (Bernama) -- Berjaya Corporation Bhd’s net loss for the second quarter (2Q) of the financial year ended Dec 31, 2024 (FY2025), narrowed to RM88.68 million from RM120.77 million last year.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

IOI Properties 2Q Net Profit Slips To RM94.78 Mln

KUALA LUMPUR, Feb 26 (Bernama) --  IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.

18 PEDs Endorsement, AEC Plan Review Among 31st AEM Highlights – MITI

By Norsyafawati Ab Wahab and Mohd Khairi Idham Amran

KOTA TINGGI, Feb 25 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat, set for Friday in Desaru, is expected to see all member states endorsing the 18 Priority Economic Deliverables (PEDs) and reviewing progress on the ASEAN Economic Community (AEC) Strategic Plan 2026-2030.  

HLTF-EI Discusses End-term Review Of AEC Blueprint 2025 -- MITI Sec-gen

KOTA TINGGI, Feb 25 (Bernama) -- The End-Term Review of the ASEAN Economic Community (AEC) Blueprint 2025 was among the matters discussed at the The 47th High-Level Task Force on ASEAN Economic Integration (HLTF-EI).

MITI: ICA 1975 Review Among Steps To Boost Investor Confidence

PUTRAJAYA, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is taking proactive steps to strengthen investors' confidence, including reviewing the Industrial Coordination Act (ICA) 1975.

Audit Shows Nine EPF Subsidiaries Suffer Losses For Third Consecutive Year

KUALA LUMPUR, Feb 24 (Bernama) -- Nine Employees Provident Fund (EPF) subsidiaries had suffered losses for three consecutive years since 2021, with total losses in 2023 amounting to RM224.21 million.

EPF Clarifies Investment Income And 2023 Dividend Payout

By Sharifah Hunaini Syed Ismail

KUALA LUMPUR, Feb 22 (Bernama) -- The Employees Provident Fund (EPF) has reaffirmed that its financial year ended Dec 31, 2023 figures are accurate and comply fully with strict financial reporting standards.