1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Budget 2025, to be tabled in the Dewan Rakyat on Oct 18, is expected to strike a balanced approach, combining fiscal sustainability with initiatives to drive economic development, said RHB Investment Bank (IB) Bhd.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The establishment of premium wages for Technical and Vocational Education and Training (TVET) graduates is expected to have positive implications, including addressing the shortage of skilled workers in various industrial sectors sought by employers, says National Organisation of Skilled Workers (BELIA MAHIR) secertary-general Mohammad Rizan Hassan.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has launched its EXIM Green Global Initiative, committing to mobilise up to RM1.5 billion in sustainable financing by 2027.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
1y ago
JOHOR BAHRU, Sept 24 (Bernama) -- Kluang will become Johor’s logistics hub following the development of several infrastructure projects such as the Gemas-Johor Bahru Electrified Double Track project (Gemas-JB EDTP), the PLUS highway expansion and federal road upgrading works which will improve the district's connectivity.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Worldcoin Foundation is expanding the availability of proof of personhood services to include a pilot or a beta testing phase in Malaysia.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Affin Bank Bhd's shares surged this morning, rising by two per cent ahead of the Sarawak government's expected finalisation of a majority stake acquisition in the bank this Friday.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Investors are keenly awaiting Budget 2025, scheduled for Oct 18, for announcements on the regulatory framework for establishing family offices in Malaysia, said OCBC Global Markets Research.