1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The Budget 2025 is expected to maintain a balance between fostering economic growth and strengthening the currency, said RHB Asset Management Sdn Bhd (RHBAM).
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- A total of 39 companies in the top 100 companies listed on Bursa Malaysia have yet to meet the target of having 30 per cent women participation in their boards.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) - The government allocated RM470 million for financing funds provided by SME Bank, Bank Simpanan Nasional, Bank Rakyat and MARA to support women's micro, small and medium enterprises (PMKS) obtain working capital, purchase assets and increase business capacity to a higher level.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.
1y ago
By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.
1y ago
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- MBSB Bank Bhd has announced its latest campaign rates, offering competitive financial solutions for both individual and small and medium enterprise (SME) customers.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Government-owned entities, which are “typically criticised” for “crowding out” private players, have a responsibility to “crowd in” private players and other stakeholders, said Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir.