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Petronas Dagangan Records Stronger Performance In FY2024, Declares 45 Sen Dividend

KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.

MADANI Govt’s Fiscal Discipline boosting Investor Confidence

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist. 

Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High

KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.

Govt Constantly Evaluates, Improves project Implementation -- Lim

KUALA LUMPUR, Feb 17 (Bernama) -- The government is constantly evaluating and improving the implementation of government projects, including the public-private partnership projects, said Deputy Finance Minister Lim Hui Ying.

KWAP Achieves Record-high Investment Income Of RM18.0 Bln In 2024

KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.

MRCB Unit In JV To Build 300-bed Hospital In Melaka

KUALA LUMPUR, Jan 24 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) unit, MRCB Land Sdn Bhd, is involved in a joint venture to construct a hospital in Melaka.

MNRB Posts Higher 3Q FY2025 Net Profit Of RM115.9 Mln

KUALA LUMPUR, Jan 21 (Bernama)-- MNRB Holdings Bhd posted a net profit of RM115.9 million in the third quarter ended Dec 31, 2024 (3Q FY2025), marking a 37 per cent increase from RM84.6 million in the same period last year.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

Palo Alto Networks Unveils Cybersecurity Predictions For 2025: Key Insights For Malaysian Businesses

KUALA LUMPUR, Jan 14 (Bernama) – Palo Alto Networks, a global leader in cybersecurity, has released its APAC Cybersecurity Predictions for 2025, offering vital insights into the future of cyber threats and strategies to stay ahead of the curve.

Malaysia’s Non-life Insurance Sector Remains Stable Despite Climate Risks - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.

AWS re:Invent 2024: Grab Partners AWS To Drive Growth And Efficiency Across ASEAN

From Anas Abu Hassan

LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.

Ensure Budget And Economic Growth Benefits Reach Grassroots - PM Anwar

PUTRAJAYA, Dec 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.