Capital A, AAX Stocks Up After Positive 4Q Operating Stats
KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.
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Malaysia’s Wholesale, Retail Trade At Record High Of RM1.77 Trillion In 2024 -- DOSM
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today.
Bursa Malaysia Ends Marginally Lower On Concerns Over Trump's Tariffs
KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM
PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.
Malaysia's Construction Work Done Value Up 20.2 Pct In 2024 At RM158.8 Bln
KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).
Malaysia's IPI Up 4.6 Pct In Dec 2024 – DOSM
KUALA LUMPUR, Feb 7 (Bernama) -- The Industrial Production Index (IPI) increased by 4.6 per cent year-on-year (y-o-y) in December 2024, driven by expansion across all sectors, according to the Department of Statistics (DOSM).
Services Producer Price Index Up 0.5 Pct In 4q 2024 - DOSM
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia's Service Producer Price Index (SPPI) continued its uptrend, rising by 0.5 per cent in the fourth quarter (4Q) of 2024, compared to 0.3 per cent in 3Q 2024, reflecting a rise in services sector pricing, according to the Statistics Department (DoSM)
Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank
KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.
Malaysia Needs A Holistic Framework For Gold Industry Management
KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia must strengthen and optimise its gold resource management by establishing a holistic and comprehensive National Gold Industry Management Framework.
Beefing Up Smallholders, Higher-yielding Trees critical for Rubber Industry’s Growth - Expert
KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.
BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).