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.

Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High

KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.

CelcomDigi Posts Slightly Lower Net Profit Of RM1.38 Bln In FY2024

KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.

Kenanga IB Maintains Malaysia's 2025 Distributive Trade Forecast At 6.5 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.

Malaysia’s Wholesale, Retail Trade At Record High Of RM1.77 Trillion In 2024 -- DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM). 

Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today. 

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Mydin Aims Over RM3 Bln Sales Of Frozen Products This Year

By Mohd Noor Iqram Rosli

KOTA BHARU, Feb 10 (Bernama) -- Halal wholesaler and retailer chain Mydin Mohamed Holdings Bhd aims to rake in RM3.2 billion in sales revenue for this year.

Vendors Struggle With Coconut Shortage, Price Hikes Ahead Of Thaipusam

KUALA LUMPUR, Feb 4 (Bernama) -- As Thaipusam approaches, vendors across Malaysia face significant shortages and price hikes of key festival essentials, particularly coconuts and flowers, creating challenges for vendors and devotees alike.

Subsidies, Logistics Key To Stabilising Coconut Prices During Thaipusam, Says KLSICCI President

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Feb 4 (Bernama) -- Ensuring stable prices for essential food items like coconuts during festive seasons requires continuing support through both subsidies and logistical measures, says Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Nivaas Ragavan.

Beefing Up Smallholders, Higher-yielding Trees critical for Rubber Industry’s Growth - Expert

KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.