KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.
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 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s productivity has shown growth, but not at a fast enough pace, especially when compared to other economies that were once at a similar level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended lower for the second consecutive day on Thursday, dragged down by weakness in selected Petronas-related, telco and banking heavyweights, reflecting the cautious sentiment that continues to weigh on regional markets.
KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist.
KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.
KUALA LUMPUR, Feb 17 (Bernama) -- The government is constantly evaluating and improving the implementation of government projects, including the public-private partnership projects, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.
KUALA LUMPUR, Jan 24 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) unit, MRCB Land Sdn Bhd, is involved in a joint venture to construct a hospital in Melaka.
