OPR Aligns With Malaysia's Economic Prospects — BNM Governor
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:
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Dewan Rakyat Approves CCUS 2025 Bill To Boost Investments
KUALA LUMPUR, March 6 (Bernama) -- The Dewan Rakyat has unanimously passed the Carbon Capture, Utilisation, and Storage (CCUS) Bill 2025 today, paving the way for investment opportunities and economic growth.
Xsolla Enhances Web Shop With Key Updates
KUALA LUMPUR, March 6 (Bernama) -- The global leader in video game commerce, Xsolla has introduced significant updates to its industry-leading Web Shop solution to help developers grow their games through direct-to-consumer activations.
Govt Has No Plans To Lower Corporate Income Tax -- MoF
KUALA LUMPUR, March 4 (Bernama) -- The government does not intend to lower the corporate income tax rate to attract more foreign investment to Malaysia, said the Ministry of Finance (MoF).
KPJ Shares Rise 19 Sen At Mid-morning After Reporting Strong Results
KUALA LUMPUR, March 3 (Bernama) -- KPJ Healthcare Bhd shares were up at mid-morning today after the company reported a stellar performance for the financial year ended Dec 31, 2024 (FY2024).
Axis-REIT To Dispose Of The Annex For RM24.2 Mln, Net Gains To Be Distributed To Unitholders
KUALA LUMPUR, Feb 26 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) is disposing of The Annex in Petaling Jaya for RM24.2 million, with net gains from the transaction to be distributed to unitholders.
Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024
KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.
Malta Tops Global Citizenship Index, Greece Leads Residence Rankings In 2025
KUALA LUMPUR, Feb 26 (Bernama) -- Malta has maintained its position at the top of the 2025 Global Citizenship Program Index for the 10th consecutive year, while Greece climbed to the top of the 2025 Global Residence Program Index for the first time, underscoring the dominance of European investment migration programmes.
Public Bank Profit Rises 7.5 Pct To RM7.15 Bln In FY2024, Declares 11 Sen Dividend
KUALA LUMPUR, Feb 26 (Bernama) -- Public Bank Bhd’s net profit rose by 7.5 pct to RM7.15 billion in the financial year ended Dec 31, 2024 (FY2024) compared with RM6.65 billion in FY2023, due to the reversal of over-provision of tax in the prior years.
Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector
KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.
Takaful Malaysia Posts Higher Profit After Zakat Of RM378.1 Mln In FY24
KUALA LUMPUR, Feb 26 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s profit after zakat and tax for the financial year ended Dec 31, 2024 increased nine per cent to RM378.1 million compared to RM347.1 million posted in 2023.
TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends
KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.