| LATEST NEWS | Malaysia’s economy is projected to grow by 5.7 pct in 4Q 2025, supported by the strong performance of the main economic sectors and robust domestic demand - DOSM | Positive growth expected for 4Q 2025 GDP -- Akmal Nasrullah | |
KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.
PUTRAJAYA, 1 Mac (Bernama) -- Malaysia’s economic resilience and progress depend on inclusive financing access, something that is easily overlooked by those working in the formal sector, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets.
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
KUALA LUMPUR, Feb 27 (Bernama) -- Press Metal Aluminium Holdings Bhd has signed a memorandum of understanding (MoU) with Bintulu Development Authority for a proposed joint venture (JV) related to a solar frame extrusions facility to be located in Bintulu, Sarawak.
KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
KUALA LUMPUR, Feb 27 (Bernama) -- The allocation for the Housing Credit Guarantee Scheme under the Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be increased by RM10 billion this year, benefitting more than 20,000 borrowers.
KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) -- was much lower than household financial assets, according to the Finance Ministry (MoF).
KUALA LUMPUR, Feb 26 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) is disposing of The Annex in Petaling Jaya for RM24.2 million, with net gains from the transaction to be distributed to unitholders.
KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions.
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
