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.
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Malaysia To Monitor United States' New Economic Policy
GEORGE TOWN, Nov 11 (Bernama) -- Malaysia will monitor the new economic policies to be released by the upcoming United States (US) cabinet, following Donald Trump’s recent presidential election victory.
Alliance Bank Expected To Continue Robust Loan Growth, Stable NIMs In 2Q FY2025 - Maybank IB
KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).
Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment
KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.
BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024.
Women Entrepreneurs Bring Fresh Insights Into Vientiane Roundtable Discussion
KUALA LUMPUR, Nov 7 (Bernama) -- Thirty-five young women entrepreneurs from across the 10 ASEAN Member States and Japan convened in Lao PDR on Nov 5 to 6 to discuss challenges and opportunities related to innovation and sustainability in their enterprises.
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).
Govt Introduces DIAF, FIAF To Support Businesses And Attract FDI -- MITI
KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).
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.
FGV Holdings To Loan RM260 Mln To Subsidiary For Capital Expenditure
KUALA LUMPUR, Oct 30 (Bernama) -- FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.
ACE Market Debutant Sorento Capital To Expand Into New Construction, Renovation Projects
KUALA LUMPUR, Oct 28 (Bernama) -- Sorento Capital Bhd is set to expand into new construction and renovation markets by targeting additional building segments, including affordable housing, hotels and office buildings, following its debut on the ACE Market of Bursa Malaysia today.