Audit Shows Nine EPF Subsidiaries Suffer Losses For Third Consecutive Year

KUALA LUMPUR, Feb 24 (Bernama) -- Nine Employees Provident Fund (EPF) subsidiaries had suffered losses for three consecutive years since 2021, with total losses in 2023 amounting to RM224.21 million.

Petronas Gas Posts Higher FY2024 Net Profit Of RM1.84 Bln, Declares 22 Sen Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended Dec 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year earlier.

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

Craft Entrepreneur Wants To Promote Johor Batik

By Nur Fatin Mohmad Kadenen

KOTA TINGGI, Feb 23 (Bernama) -- A woman craft entrepreneur from Tangkak dreams of making Johor Batik, which features motifs representing the state's identity such as black pepper, pineapple, and gambier, recognised on the global stage.

EPF 2024 Dividend Expected To Be Better Than 2023 -- Amir Hamzah

PUTRAJAYA, Feb 23 (Bernama) – The Employees Provident Fund’s (EPF) encouraging performance for the third quarter of 2024 is expected to yield good returns for contributors.

EPF Clarifies Investment Income And 2023 Dividend Payout

By Sharifah Hunaini Syed Ismail

KUALA LUMPUR, Feb 22 (Bernama) -- The Employees Provident Fund (EPF) has reaffirmed that its financial year ended Dec 31, 2023 figures are accurate and comply fully with strict financial reporting standards.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

AmBank Group’s 3Q Net Profit Falls To RM486.49 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.  

EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

Logistics Sector Must Take Advantage Of Govt Support To Adopt Industry 4.0 - Loke

SUBANG JAYA, Feb 19 (Bernama) -- The logistics sector must take advantage of government support, such as the income tax exemption for smart logistics complexes, to further uplift the sector and encourage the adoption of Industry 4.0 technology, said Transport Minister Anthony Loke. 

Singapore PM Tables National Budget, Focusing On Next Phase Of Growth

SINGAPORE, Feb 18 (Bernama) -- Singapore’s Prime Minister and Finance Minister, Lawrence Wong, has presented the republic’s financial year 2025 Budget Statement today, aimed at advancing the Forward Singapore agenda.

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.