EPIC Chalks Up Record Revenue Of RM403.8 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, achieved record revenue of RM403.8 million in the 2024 financial year.

Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High

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.

UAE Advances Air Corridor Mapping For Autonomous Air Taxis, Drones

KUALA LUMPUR, Feb 18 (Bernama) -- The United Arab Emirates (UAE) has initiated a groundbreaking project to redefine urban transportation by mapping air corridors and developing a regulatory framework for piloted and autonomous air taxis and cargo drones.

Over 24,000 Taxpayers In Malaysia Have Used e-Invoicing System

TELUK INTAN, Feb 18 (Bernama) -- A total of 24,700 taxpayers have used the e-invoicing system, with about 173 million e-invoices having been issued as of Feb 13.

Langkawi Tourism Revenue Increases 35 Pct To RM2.4 Bln From 2022-2024 - MOF

KUALA LUMPUR, Feb 17 (Bernama) -- Tourist arrivals in Langkawi post-COVID-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).

Implement Comprehensive Strategy To Attract Semiconductor, High-tech Industries To Malaysia - RHB IB

KUALA LUMPUR, Feb 18 (Bernama) -- Malaysia should implement a comprehensive strategy to attract semiconductor and high-tech industries to the country, according to RHB Investment Bank Bhd (RHB IB).

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets. 

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

HLIB Expects Malaysia To Withstand Impact Of US Trade Tensions

KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs. 

Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

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.