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MYEG Reports Higher FY2024 Net Profit Of RM697.55 Mln

KUALA LUMPUR, Feb 18 (Bernama) -- My E.G. Services Bhd (MYEG) posted a higher net profit of RM697.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM487.65 million achieved in the preceding year.

EcoWorld Malaysia Acquires Remaining 40 Pct Stake In PPSB

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.

ROSHN Group Unveils First Batch Of Sales For ALMANAR Community In Makkah

KUALA LUMPUR, Feb 18 (Bernama) -- ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched the first batch of sales for ALMANAR, its first community in Makkah.

Unipart Embarks Operations In Vietnam, Enhancing Supply Chain Services In APAC

KUALA LUMPUR, Feb 18 (Bernama) -- Unipart, the supply chain performance improvement partner, has officially launched operations in Vietnam.

Transformation Efforts Of MAHB Expected To Bear Fruit - MOF

KUALA LUMPUR, Feb 18 (Bernama) --  The transformation efforts of Malaysia Airports Holdings Bhd (MAHB) are expected to bear fruit, attracting more airlines and passengers and boosting the country's economic growth while providing returns to the government, according to the Ministry of Finance (MOF).

Over 24,000 Taxpayers In Malaysia Have Used e-Invoicing System

TELUK INTAN, Feb 18 (Bernama) -- A total of 24,700 taxpayers have used the e-invoicing system, with about 173 million e-invoices having been issued as of Feb 13.

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

EcoWorld Malaysia's Unit Disposes Of 56.06ha Of Land In Iskandar Malaysia For RM693.96 Mln

KUALA LUMPUR, Feb 17 (Bernama) -- EcoWorld Malaysia’s unit, Eco Business Park 1 Sdn Bhd, has disposed of 56.06 hectares (ha) of freehold land in Eco Business Park I in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

SC Unveils Regulatory Sandbox Guidelines to Facilitate Innovation

KUALA LUMPUR, Feb 17 (Bernama) -- The Securities Commission Malaysia (SC) has released its regulatory sandbox guidelines, outlining the eligibility criteria and requirements for participation.

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

Sunway's RM2.6 Bln Deal Near RTS Link Lifts Shares - HLIB

KUALA LUMPUR, Feb 14 (Bernama) -- Sunway Bhd’s shares rose as a proposed project with a gross development value (GDV) exceeding RM2.6 billion near the Johor Bahru-Singapore Rapid Transit System (RTS) Link station boosts growth prospects.