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EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Uncertainty Over Trump’s Policies Seen Continuing To Support Gold Futures

By Siti Noor Afera Abu

KUALA LUMPUR, March 1 (Bernama) --  The gold futures market on Bursa Malaysia Derivatives is expected to trade in cautious mode next week but well supported, taking its cue from US COMEX gold futures.

ASEAN Economic Ministers Achieve Key Milestone By Endorsing Priority Economic Deliverables

By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald

KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

Cautious Sentiment Weakens Ringgit Against US Dollar

KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today. 

Ringgit Declines As US Prepares 25 Pct Tariffs On Canada, Mexico

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.

Bursa Malaysia Closes Lower On Risk-off Sentiment

By Karina Imran

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close lower on Thursday as investors adopted a risk-off stance amid growing external uncertainties, said an analyst. 

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Nambawan Super Goes Live With SmartStream’s AI-driven Air Solution

KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.

Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook

KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.

Govt, BNM Continue To Strengthen Trade And Investment Mechanisms In Local Currency

KUALA LUMPUR, Feb 27 (Bernama) – The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).