AmInvest Declares RM133.2 Mln Income Distribution For 47 Funds
KUALA LUMPUR, March 25 (Bernama) -- AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.
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TikTok Shop Creator Idol 2025 Spotlights Malaysia’s Rising Stars
KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s top rising TikTok Shop creators were celebrated at the TikTok Shop Creator Idol 2025 Recognition Awards recently, marking the success of TikTok Shop’s mentorship-driven programme in nurturing the next wave of affiliate creators under the guidance of industry experts.
AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT
KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.
Domestic Demand To Buffer Malaysia's Economy Against External Uncertainties -- BNM Governor
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.
Dewan Negara Passes Supplementary Supply Bill (2024) 2025
KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.
Domestic Demand To Buffer Malaysia's Economy Against External Uncertainties -- BNM Governor
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties including possible repercussions from the imposition of U.S. tariffs.
BNM Assets Drop To RM621.54 Bln In 2024, Dividend To Govt Totals RM5.25 Bln
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
Implement Strategic, Innovation-driven Industrial Policies, Labour Market Reforms To Increase Household Income - BNM
KUALA LUMPUR, March 24 (Bernama) -- Implementing strategic and innovation-driven industrial policies, as well as labour market reforms, can increase household income by improving productivity, creating more job opportunities and ensuring fair compensation, says Bank Negara Malaysia (BNM).
National Strategy For Financial Literacy 2.0 To Be Launched In 4Q 2025
KUALA LUMPUR, March 24 (Bernama) -- The second National Strategy for Financial Literacy (NS2.0) is expected to be launched in fourth quarter of 2025 (4Q 2025), aimed at strengthening financial literacy and well-being for Malaysians.
Bank Deposits Growth Slows To 3 Percent In 2H 2024 On Rising Costs, Debt Repayment - BNM
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
BNM: Inflation Likely To Trend At Manageable Level Of 2.0-3.5 Percent In 2025
KUALA LUMPUR, March 24 (Bernama) -- Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM).
Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.