1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia closed lower today dragged by continued selling in selected heavyweights, led by the financial services and utilities sectors, amid a mixed performance in regional peers.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- A total of RM44.2 million has been withdrawn by contributors from the Employee Provident Fund (EPF) Akaun Sejahtera since the i-Lindung programme was introduced in July 2022, up until September this year, according to Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- The manufacturing industry achieved capacity utilisation of 82.4 per cent in the third quarter of 2024 (3Q 2024), an increase of 3.0 percentage points from the same quarter the previous year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Dialog Group Bhd posted a higher net profit of RM150.97 million for the first quarter ended Sept 30, 2024 (1Q FY2025) compared to a net profit of RM132.17 million in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Pengurusan Air Selangor Sdn Bhd (Air Selangor) has outlined strategic measures to ensure that its capacity will meet the additional demand in line with the data centre industry’s rapid growth.
1y ago
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural visit to Brazil has generated export potential worth RM6.8 billion (US$1.57 billion) over the next three to five years.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
KUCHING, Nov 15 (Bernama) -- Sarawak’s homestay industry generated RM4.95 million in revenue from January to September this year while attracting 41,168 visitors during the period.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
1y ago
From Zarul Effendi Razali
ABU DHABI, Nov 13 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has arrived at the United Arab Emirates (UAE) for his first official visit to the gulf country.