1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of the 'Sumbangan Asas Rahmah' (SARA) aid starting tomorrow will see improvements to the targetted aid resulting from the increase in the Budget 2025 allocations for the SARA and 'Sumbangan Tunai Rahmah' (STR) assistance to their highest historical level of RM13 billion compared to RM10 billion in 2024.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Keyfield International Bhd’s platform supply vessel (PSV) acquisition is expected to provide a seven per cent increase towards the group’s financial year 2025 (FY2025F) core net profit (CNP) forecast, according to AmInvestment Bank Bhd (AmInvest).
1y ago
SEREMBAN, Jan 7 (Bernama) -- The Negeri Sembilan government recorded a revenue collection of RM636 million, which is 122.31 per cent of the target set at RM520 million for the year ended Dec 31, 2024, said Menteri Besar Datuk Seri Aminuddin Harun.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Information technology (IT) services provider, TechStore Bhd (TechStore) has signed an underwriting agreement with M & A Securities Sdn Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.
1y ago
KOTA KINABALU, Jan 5 (Bernama) -- Perbadanan Nasional Bhd (PERNAS), an agency under the Entrepreneur and Cooperatives Development Ministry (KUSKOP), has disbursed RM461 million in financing to 2,283 franchise entrepreneurs nationwide since 2014.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- LYC Healthcare Bhd (LYC) has announced plans to list its subsidiary, LYC Healthcare (Cayman) Ltd (LYC Cayman), on the Nasdaq Capital Market.
1y ago
MELAKA, Dec 31 (Bernama) -- The Southern Gateway Economic Corridor is the best medium for coordinating high-impact development projects that can generate sustainable economic growth.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.