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Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout

KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.

Johor Port Honoured At Asia Best Employer Brand Awards 2024

JOHOR BAHRU, Nov 15 (Bernama) -- Johor Port Bhd, a member of MMC Group, was awarded top honours at the Asia Best Employer Brand Awards 2024 in an event held in Singapore on Nov 6.

HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

Bank Islam, PMB Investment Forge Strategic Alliance To Expand Shariah-Compliant Investment Opportunities

KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

MSOSH Awards 2024 Introduces Two New Award Categories

PETALING JAYA, Nov 11 (Bernama) -- The 42nd Malaysian Society for Occupational Safety and Health (MSOSH) Awards will introduce two new categories - the MSOSH-CUEPACS OSH Award and the MSOSH Public Institution OSH Award - to honour excellent achievements in Occupational Safety and Health (OSH) in the public sector. 

Manufacturing Sales Value Rises 2.9 Pct To RM162.3 Bln In September-- DOSM

KUALA LUMPUR, Nov 8 (Bernama) -- The manufacturing sector's sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Department of Statistics Department (DOSM).

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year. 

Bolt Launches Ride Hailing Service In Klang Valley To Support Local Shared Mobility Demand

KUALA LUMPUR, Nov 6 (Bernama) -- Europe’s leading mobility company, Bolt has launched its ride-hailing service in Klang Valley, aiming to support Malaysia’s growing demand for shared mobility, projected to serve 11.47 million users by 2029.

Foreign Workers' EPF Contribution Proposal Aims To Address Wage Equity - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The introduction of Employees Provident Fund (EPF) contribution by foreign workers aims to facilitate wage equity in the country, ensuring that local labour is not disadvantaged along the way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

SMEs Set To Benefit From Tax Incentives, Initiatives In Budget 2025 - Academician

KUALA LUMPUR, Nov 5 (Bernama) -- Small and medium enterprises (SMEs) can navigate the evolving tax landscape, optimise their financial performance, and secure a competitive edge in the market by leveraging the measures in Budget 2025 strategically, an academician said.

MIDF Aims To Allocate RM200 Mln To SMEs Through Future Ready Financing Initiative

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate RM200 million to small and medium enterprises (SMEs) through the newly launched Future Ready Financing (FRF) initiative.