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Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Tentative Date For CAAM-Mavcom Merger Set, To Be Announced By Transport Ministry -- CAAM CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The tentative date for the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (Mavcom) has been set and will be revealed later by the Transport Ministry.

Pacific Prime CXA Bags Allianz Commercial's Platinum Award For Excellence In Property & Casualty

KUALA LUMPUR, Dec 6 (Bernama) -- Pacific Prime CXA, a global insurance brokerage and employee benefits specialist, was awarded the Platinum Award for Excellence in Property and Casualty by Allianz Commercial.

Biodegradable Packaging Products From Rice Straw Waste To Reach RM60 Mln In Value In 2025

KUALA LUMPUR, Dec 5 (Bernama) -- Biodegradable packaging products made of rice straw waste, which are being produced through a collaboration between Bioeconomy Corporation and BioNexus Status company Free The Seed Sdn Bhd, are projected to reach a market value of RM60 million starting in 2025.

Govt Preparing Additional Revenue Estimates From Introduction Of Dividend Tax -- Lim Hui Ying

KUALA LUMPUR, Dec 4 (Bernama) -- The government is currently preparing the estimates of the additional revenue that will be collected from introducing the two per cent dividend tax, said Deputy Finance Minister Lim Hui Ying.

Malaysia Boosts Halal Trade Relations With Indonesia Amid Two-way Trade Growth

JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.

Malaysia To Closely Monitor Development Of Trump Tariff Threat On BRICS - Tengku Zafrul

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia, as a partner country of BRICS, will closely monitor the development of US President-elect Donald Trump's threat to impose 100 per cent tariffs on BRICS countries, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

CPTPP: Malaysia-UK FTA Will Boost Trade And Investment - Tengku Zafrul

KUALA LUMPUR, Dec 3 -- The first comprehensive Free Trade Agreement (FTA) between Malaysia and the United Kingdom (UK), through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will boost trade and investment relations between both countries. 

Genting Malaysia Net Profit Triples To RM569.16 Mln In 3Q On Higher EBITDA

KUALA LUMPUR, Nov 28 (Bernama) -- Genting Malaysia Bhd’s net profit tripled to RM569.16 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM177.41 million in the same quarter last year, on higher adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) by 75 per cent.

Malaysian Brands Stand Out At 18th World Branding Awards In London

KUALA LUMPUR, Nov 27 (Bernama) -- The 18th edition of the World Branding Awards recognised the achievements of some of the world's top brands, crowning them as National, Regional, and Global Winners, including Malaysia’s Farm Fresh, Getha and Munchy's.

YTL Corp 1Q Net Profit Shrinks To RM333.713 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- YTL Corp Bhd’s net profit for the first quarter ended Sept 30, 2024 (1Q 2024), decreased to RM333.713 million from RM521.726 million in the same quarter last year.

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.