Glomac's 1Q Net Profit Rises To RM7.28 Mln

KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

Tan Sri Wan Zulkiflee Steps Down From Malaysia Aviation Group Chairmanship

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia Aviation Group (MAG) said group chairman Tan Sri Wan Zulkiflee Wan Ariffin has relinquished his position effective today.

REHDA Perak To Showcase 5,000 Properties Worth RM3 Billion At MAPEX Perak 2024

IPOH, Sept 20 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia Perak Branch (Rehda Perak) aims to showcase 5,000 properties worth RM3 billion at the Malaysia Property Expo (MAPEX) Perak 2024.

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

KUALA LUMPUR, Sept 20 (Bernama) --  Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

Kenanga Maintains 2024 Export Growth Forecast At 7.3 Pct despite Rising Downside Risks

KUALA LUMPUR, Sept 20 (Bernama) -- Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.

Malaysia Must Focus More On Green Computing To Continue Attracting Data Centre Investments

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia must focus more on green computing hardware and software to keep up with advancements in information technology (IT) infrastructure if it wants to continue attracting global data centre investments.

Malaysia Joins Six Countries To Ratify UK’s Accession Into CPTPP

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia has officially ratified the United Kingdom's (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant milestone as it is effectively Malaysia’s first bilateral free trade agreement with the UK.

Sulaiman Mahbob: Steering MIDA Through Economic Crossroads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.

Robust 1H 2024 Domestic Investments Show Country Not Dependent On Foreign Investments -- MIER

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s RM160 billion approved investments in the first half of 2024 (1H 2024), comprising RM85.4 billion in domestic investments (DI) and RM74.6 billion in foreign investments (FI), showed that the country is not overly dependent on FI to stimulate its economy.

Bina Darulaman Says External Auditor's Resignation A Routine Governance Practice

ALOR SETAR, Sept 19 (Bernama) -- Bina Darulaman Bhd today clarified that the resignation of its external auditor, KPMG PLT, effective Sept 9, 2024, was part of a routine governance practice.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.