| LATEST NEWS | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | Firm action through diplomatic, legal and defence channels must be taken to safeguard sovereignty rights and national interests - King | |
KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.
KOTA KINABALU, Jan 5 (Bernama) -- Perbadanan Nasional Bhd (PERNAS), an agency under the Entrepreneur and Cooperatives Development Ministry (KUSKOP), has disbursed RM461 million in financing to 2,283 franchise entrepreneurs nationwide since 2014.
KUALA LUMPUR, Jan 3 (Bernama) -- AmBank Group has provided a financing facility of RM498.6 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
KUALA LUMPUR, Dec 31 (Bernama) -- PTT Synergy Group Bhd has announced the establishment of a Perpetual Sukuk Wakalah Programme of up to RM500 million in nominal value.
KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.
KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).
KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.
KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
KUALA LUMPUR, Dec 23 (Bernama) -- Export-Import Bank of Malaysia Bhd (Exim Bank) has been recognised as the “Lender of the Year” for its sustainability-focused finance and investment insights at the recent Impact Awards 2024.
KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 22 (Bernama) – Malaysia’s micro, small, and medium enterprises (MSMEs) have continued to progress this year despite facing challenges in adapting to market changes and regulatory shifts, particularly in their transition towards the digital-first economy.
