| LATEST NEWS | Bursa Malaysia net profit slips to RM250.16 mln in FY2025 versus RM310.12 mln a year ago | RM254 million allocated for cooperative development programmes this year, highest since cooperative movement establishment in 1922 - Sim | KLIA Solar Farm expected to reduce carbon dioxide emissions by up to 35,000 tonnes a year - Fadillah | KLIA Solar Farm Initiative supports Malaysia's target of achieving 70 percent renewable energy use by 2050 - DPM Fadillah | Launch of Solar Farm and Battery Energy Storage System (BESS) supports KLIA operations as country's critical transport infrastructure - DPM Fadillah | |
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:
KUALA LUMPUR, March 6 (Bernama) -- Planto, a Hong Kong-headquartered fintech company, has been recognised as a winner of the AI for SMEs Challenge by the Asian Development Bank (ADB).
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
KUALA LUMPUR, Feb 27 (Bernama) -- The allocation for the Housing Credit Guarantee Scheme under the Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be increased by RM10 billion this year, benefitting more than 20,000 borrowers.
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Feb 27 (Bernama) -- Autel Energy, an electric vehicle (EV) charging solutions provider, is making waves at EVCharge Live Thailand 2025, held on Feb 26 to 27, with the debut of its innovative MaxiCharger DC series.
