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).
| LATEST NEWS | At 6 pm, the ringgit advanced to 4.1160/1200 against the US dollar from 4.1355/1400 at Wednesday’s close | A total of 153 police reports lodged over Puad Zakarshi's statement as at 3 pm today - Johor Police chief | Singapore raises entry fees for Malaysian taxis to S$15 per trip beginning Jan 1, 2027 - LTA | Malaysia surpasses 13.3GW of renewable energy capacity in 2025, driven by rapid solar growth - DPM Fadillah | Malaysia targets 118 mln litres of reclaimed water daily by 2030 for industrial use, up from current output of 48.5 mln litres per day – DPM Fadillah | |
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DRB-HICOM Posts Lower Net Profit Of RM22.55 Mln In FY2024
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.
Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue
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.
Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
TalentCorp Works With FSTC To Produce New Talents For Technology Development
GEORGE TOWN, Feb 25 (Bernama) -- Talent Corporation Malaysia Bhd (TalentCorp) in collaboration with the Future Skills Talent Council (FSTC) is able to create more new talents in improving job skills that support the rapid development of technology.
Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari
KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.
Axis REIT’s FY2024 Net Profit Falls To RM210 Mln
KUALA LUMPUR, Jan 23 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a lower net profit for the financial year ended Dec 31, 2024 (FY2024) at RM210 million, down from RM217.77 million recorded in the previous year.
AEON Credit Third Quarter Net Profit Eases To RM62.07 Mln
KUALA LUMPUR, Dec 19 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit for the third quarter of the financial year ended Feb 28, 2025 (3Q 2025) fell to RM62.07 million from RM85.55 million last year.
Bank Islam's 3Q Net Profit Drops To RM130.437 Mln Amid Rising Operating Costs
KUALA LUMPUR, Nov 29 (Bernama) -- Bank Islam Malaysia Bhd’s (BIMB) net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) decreased to RM130.437 million from RM140.541 million in the same period last year.
Public Bank 3Q Net Profit Rises To RM1.91 Bln
KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.
MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
Forest City's SFZ To Focus On Banking And Logistics - MB
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.