Selangor Govt Tables RM3 Bln State Budget For 2025

SHAH ALAM, Nov 15 (Bernama) -- The Selangor government today tabled a RM3 billion Budget 2025 to manage and sustain the state’s development next year.

Second Semiconductor Park Will Be Launched Early Next Year – Selangor MB

SHAH ALAM, Nov 15 (Bernama) -- The second Malaysia Semiconductor IC Design Park in Cyberjaya, Sepang will be launched early next year, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

CPO Futures End Lower On Profit-taking

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, reversing a significant portion of the gains achieved in previous days, a trader said.

MMHE Returns To Black With RM15.27 Mln Net Profit In 3Q 2024

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Rally In CPO Futures Lifts Bursa Derivatives To Record Monthly Trading Volume In October

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.

SDEC 2024 Draws 20,000 Attendees, Generating RM100 Mln In Potential Transactions

KUALA LUMPUR, Nov 8 (Bernama) -- The Selangor Smart City and Digital Economy Convention (SDEC) 2024, held from Oct 16-19, attracted over 20,000 participants and generated an estimated RM100 million in potential transactions through strategic partnerships and business engagements.

Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment

KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.

KUSKOP Targets RM100 Mln In Potential Investments Via Riyadh International Exhibition

PUTRAJAYA, Nov 7 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry (KUSKOP) has targeted RM100 million in potential investments from Malaysia's participation in the BIBAN24 International Exhibition in Riyadh, Saudi Arabia.

SMEs Set To Benefit From Tax Incentives, Initiatives In Budget 2025 - Academician

KUALA LUMPUR, Nov 5 (Bernama) -- Small and medium enterprises (SMEs) can navigate the evolving tax landscape, optimise their financial performance, and secure a competitive edge in the market by leveraging the measures in Budget 2025 strategically, an academician said.

Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

Petros To Allocate RM40 Bln For Capex Over The Next Five Years -- Chairman

KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.