PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.

SC Chairmanship Of ACMF Focuses On Strengthening Resilience Of Asean Capital Markets

KUALA LUMPUR, March 20 (Bernama) -- The ASEAN Capital Markets Forum (ACMF) chaired by the Securities Commission Malaysia (SC) this year represents an opportunity to advance regional collaboration and build better connected and resilient capital markets within ASEAN.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia To Fortify Position As Centre Of Competitive Trade, Finance And Technology -- PM Anwar

KUALA LUMPUR, March 14 (Bernama) -- Malaysia will fortify its position as a centre of competitive trade, finance, and technology amid global changes, says Prime Minister Datuk Seri Anwar Ibrahim.

MATRADE Launches MADANI Digital Trade

KUALA LUMPUR, March 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, has launched MADANI Digital Trade (MDT), an integrated virtual showcase to strengthen Malaysian exporters’ access to global markets.

MADANI Economy indicators Record Positive Achievements Thus Far -- Dr Zaliha

KUALA LUMPUR, March 13 (Bernama) -- Indicators that determine the success of the MADANI Economy framework have shown positive achievements thus far, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa. 

Anwar: Sapura Energy’s Rescue Plan Excludes Former Shareholders

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.

Anwar: Sapura Energy's Capital Injection Provides No Benefit to Shareholders or Management

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.  

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Hong Kong's Unity Group To Cut 25 Mln Tonnes Of Co2 Emission From Malaysian Projects

KUALA LUMPUR, March 12 (Bernama) -- Hong Kong-listed Unity Group Holdings International Ltd is targeting a 25-million tonnes reduction in carbon dioxide (CO2) emissions in Malaysia through its sustainability projects.

KKDW-owned Firms Post RM259.97 Mln Pre-tax Profit In 2024

KUALA LUMPUR, March 12 (Bernama) -- Active companies owned by agencies under the Ministry of Rural and Regional Development (KKDW) recorded a pre-tax profit of RM259.97 million in 2024, Deputy Minister Datuk Rubiah Wang said.