Property Transactions Hit RM217.46 Bln In 2024, Far Exceed Initial Target - Nga Kor Ming

IPOH, Jan 31 (Bernama) -- Malaysia’s real estate transactions value hit RM217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government, Nga Kor Ming.

SSM Launches Access To Beneficial Ownership information, Enhances Corporate Transparency

KUALA LUMPUR, Jan 28 (Bernama) -- The Companies Commission of Malaysia (SSM) has launched the facility for accessing information on companies’ beneficial owners to enhance transparency in corporate practices.

Kenanga IB Maintains 805,000 TIV Forecast In 2025 On Forward Buying Interest

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.

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.

E-Invoicing System Eases Transition For Small Businesses, Says Expert

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia's e-invoicing system offers a streamlined adoption process for small businesses, according to Chartered Tax Institute of Malaysia council member Harvindar Singh.

Maybank IB, HLIB Expect OPR To Remain At 3.00 Pct In 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its forecast for the overnight policy rate (OPR) at 3.00 per cent this year to support domestic growth amid external headwinds.

Bursa Malaysia Slightly Lower On Early Selling In Heavyweights

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia opened slightly lower on Thursday dragged down by selling in the heavyweights, particularly Public Bank and Tenaga Nasional.

MIDF: OPR Remains At 3 Pct This Year As The Current Setting Continues To Support Sustainable Economic Growth

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF). 

ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO

KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).

Malaysia's Auto Industry Hits Record 816,747 Units In 2024

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time. 

Malaysia Calls On EU For Enhanced Support In Climate Financing, Green Initiatives 

From D.Arul Rajoo

BRUSSELS, Jan 20 (Bernama) -- In a significant call to action, Prime Minister Datuk Seri Anwar Ibrahim urged the European Union (EU) to deepen its support for Southeast Asia through increased climate financing, green investments, technical assistance, and capacity-building initiatives. 

Bargain Hunting Expected To Support FBM KLCI Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.