99 Speed Mart's 3Q Net Profit Falls To RM107.16 Mln
KUALA LUMPUR, Nov 8 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) fell to RM107.16 million from RM111.05 million in 3Q 2023.
| LATEST NEWS | Opportunity to capture additional sales from the US expected once there is greater clarity on tariffs, particularly the tariff on China-made gloves - Top Glove MD Lim Cheong Guan | Economic empowerment remains fundamental and all necessary efforts must be taken to drive growth and development, including attracting domestic and foreign direct investments - PM Anwar | Quarterly fluctuation in average selling price of gloves expected, driven by competition and raw material cost volatility - Top Glove MD Lim Cheong Guan | Top Glove remains positive on outlook of the glove industry and is confident of delivering stronger financial performance in coming quarters - MD Lim Cheong Guan | IKIM chairman Prof Datuk Dr Muhammad Nur Manuty died at 11.27 am today - Special Officer | |
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Sunway Malls Projects 5 Pct Growth For 2024
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia’s largest mall owner-operator Sunway Malls expects to garner five per cent growth this year, driven by a strong performance in the first half of 2024 and the re-opening of an asset enhancement initiative, Oasis, in Sunway Pyramid.
KUSKOP Targets RM100 Mln In Potential Investments Via Riyadh International Exhibition
PUTRAJAYA, Nov 7 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry (KUSKOP) has targeted RM100 million in potential investments from Malaysia's participation in the BIBAN24 International Exhibition in Riyadh, Saudi Arabia.
Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
Wholesale And Retail Trade Sales Up 3.8 Pct To Rm148.2 Bln In September - DOSM
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).
Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM
KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM).
Mah Sing Unit To Buy Land In Old Klang Road For RM112.97 Mln
KUALA LUMPUR, Nov 7 (Bernama) -- Mah Sing Group Bhd’s wholly-owned unit Major Land Development Sdn Bhd has entered into a sale and purchase agreement with Pink Forest Sdn Bhd for a proposed acquisition of 2.12 hectares of freehold land along Old Klang Road for RM112.97 million.
China’s KKV Introduces 100 Lifestyles To Malaysia
KUALA LUMPUR, Nov 5 (Bernama) -- The comprehensive lifestyle trend retail brand under KK Group, KKV, makes significant strides in the Malaysian market this year, driven by its strong consumer reputation and impressive market performance.
Investor Confidence In Thai Stock Market Strong Amid Stimulus, Rate Cut - FETCO
BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).
Malaysia Calls On French Business Community To Enhance Cooperation For ASEAN Prosperity
KUALA LUMPUR, Nov 4 (Bernama) -- The government has called on the French business community in the country to enhance cooperation as Malaysia assumes the ASEAN chair next year to create a prosperous community, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Shell Malaysia, Progressture Power in Deal To Set Up Solar Roofs At 600 Stations Nationwide
KUALA LUMPUR, Nov 4 (Bernama) -- Shell Malaysia Ltd and Progressture Power Sdn Bhd have partnered to install up to 20 megawatt peak (MWp) of solar capacity on the roofs of over 600 retail stations nationwide.
Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.