KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.
By Anas Abu Hassan
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) investment assets stood at RM1.25 trillion as at Dec 31, 2024, of which 63 per cent was invested domestically.
KUALA LUMPUR, Feb 26 -- ASEAN must build a robust and resilient supply chain ecosystem within the region to withstand looming geostrategic challenges, such as the recent tariffs imposed by the United States and the counter-tariffs by those on the receiving end, said Prime Minister Datuk Seri Anwar Ibrahim.
KOTA KINABALU, Feb 25 (Bernama) -- Sabah made an agricultural milestone today with the maiden shipment of fresh MD2 pineapples totalling 15 tonnes under the People’s Income Initiative (IPR) programme here.
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023.
KUALA LUMPUR, Feb 25 (Bernama) -- The opening of Paris Baguette’s halal-certified bakery factory in Johor is seen as a pivotal development in strengthening economic and investment ties between Malaysia and South Korea, according to South Korean Ambassador to Malaysia Yeo Seung Bae.
KUALA LUMPUR, Feb 24 (Bernama) -- Heitech Padu Bhd is set to diversify its core activities by expanding into the development, ownership, operation, and maintenance of renewable energy power plants as well as engineering, procurement, construction, and commissioning (EPCC) services.
KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.
KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s position is clear that it remains non-aligned and will not be drawn into great power rivalries, said Prime Minister Datuk Seri Anwar Ibrahim.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
KUALA LUMPUR, Feb 13 (Bernama) -- MMAG Holdings Bhd has proposed diversifying into financial services, including moneylending and hire purchase financing, alongside its existing businesses.
