| LATEST NEWS | Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | |
KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.
By Harizah Hanim Mohamed
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.
KUALA LUMPUR, Feb 3 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 15th consecutive week, recording net purchases of RM149.4 million, MIDF Amanah Investment Bank Bhd (MIDF) said.
KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.
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.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.
KUALA LUMPUR, Jan 27 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 14th consecutive week, recording net purchases of RM551.6 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
SUBANG JAYA, Jan 24 (Bernama) -- U Mobile Sdn Bhd, Malaysia's second 5G network operator, plans to double its number of stores nationwide within the next two years.
KUALA LUMPUR, Jan 23 (Bernama) -- The government is committed to prioritising enabling policies over direct intervention to drive creativity and growth in key industries for the 13th Malaysia Plan (13MP), Economy Minister Datuk Seri Rafizi Ramli said.
KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.
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.
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.
