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Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Cahya Mata Sarawak's Unit Expects To Double Clinker Production With New Facility

KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.

OPR Continues To Be Supportive Of The Economy -- BNM Governor

KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-

TechStore Eyes RM25 Mln From IPO To Drive Expansion

KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.

Malaysia Well-positioned To Navigate External Headwinds And Challenges This Year -- Abdul Wahid Omar

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia is well-positioned to navigate external headwinds and challenges of 2025 arising from Trump 2.0 policies and to achieve sustainable growth by maintaining a stable policy environment and capitalising on key growth sectors.

CAAM-MAVCOM Merger Set For Second Half Of 2025

KUALA LUMPUR, Jan 17 (Bernama) -- The merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) is expected in the second half of this year, CAAM chief executive officer Datuk Captain Norazman Mahmud said.

Over 150 Industry Leaders Attend MIDA-ALP Forum On Future Of Supply Chains

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).

Bursa Malaysia Approves Bintai Kinden Regularisation Plan

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.

MoF Approves Digital Banking Licence To YTL Digital Bank

KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Finance (MoF) has approved the issuance of a digital banking licence to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd.

Oriental Kopi IPO Oversubscribed 60 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Jan 14 (Bernama) -- Food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd’s initial public offering (IPO) has been oversubscribed by approximately 60 times.  

Bank Islam, Solar Voltech Ink RM105.2 Mln Solar Financing Agreement

GEORGE TOWN, Jan 14 (Bernama) — Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project.