Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.

SC: MyCIF’s Total Funds Raised Via ECF, P2P Grows To RM2.6 Bln In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF)’s total funds raised through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms grew to RM2.6 billion in 2024 from RM2.2 billion in 2023.

13MP To Continue Integrated Policy, Focus On HGHV Industries - Rafizi

KUALA LUMPUR, March 20 (Bernama) -- The Ministry of Economy will ensure that an integrated and appropriate policy focusing on high-growth and high-value (HGHV) industries continues in the preparation of the 13th Malaysia Plan (13MP) to boost the economy towards a higher and more complex value chain.

Capital Market Rises To RM4.2 Trillion In 2024 On Strong Equity, Bond Markets - SC

KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.

Microsoft's Upcoming Cloud Region In Malaysia, Ecosystem To Generate US$10.9 Bln economic impact

KUALA LUMPUR, March 20 (Bernama) -- Microsoft’s investments in Malaysia are expected to generate an economic impact of US$10.9 billion over the next four years, creating 37,575 jobs and accelerating the adoption of cloud and artificial intelligence (AI) technologies in the country.

CILTM Sabah Backs Labuan’s Growth As A Regional Maritime Hub

LABUAN, March 20 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has been tasked by CILT Malaysia to drive the growth and development of Labuan’s logistics and transport industry.

PEOPLElogy Signs Underwriting Agreement With Kenanga IB For IPO

KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.

Bursa Malaysia Ends Lower On Lack Of Buying Catalysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.

Medical Korea 2025 To Spotlight AI-powered Healthcare, Medical Tourism

KUALA LUMPUR, March 19 (Bernama) -- Medical Korea 2025 (the 15th Global Healthcare & Medical Tourism Conference), will be held for four days beginning March 20, at Coex, Seoul, South Korea.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

EVE Energy’s Phase 2 Expansion To Create Over 1,000 Jobs – MIDA

KUALA LUMPUR, March 17 (Bernama) -- EVE Energy Co Ltd’s (EVE Energy) Phase 2 expansion will create over 1,000 jobs, underscoring its commitment to Malaysia’s economic growth, the Malaysian Investment Development Authority (MIDA) said.  

URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home

KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.