Johor Tables State Budget 2025 With Surplus Of RM5.12 Mln
ISKANDAR PUTERI, Nov 21 (Bernama) -- The state government tabled the Johor Budget 2025 with a surplus of RM5.12 million at the Johor State Legislative Assembly sitting here today.
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MIDF Amanah Downgrades CelcomDigi To 'Neutral'
KUALA LUMPUR, Nov 19 (Bernama) -- MIDF Amanah Investment Bank Bhd has downgraded CelcomDigi Bhd to a “neutral” call with a lower target price of RM3.53 based on the telecommunications company’s third quarter of 2024 (3Q 2024) results.
Labuan Secures RM32.917 Mln For Several Development Projects In 2025
LABUAN, Nov 16 (Bernama) -- The federal government has allocated RM50 million for Labuan's operating expenditure under Budget 2025, maintaining the same amount as Budget 2024, with RM32.917 million earmarked for seven development projects in this island for the upcoming year.
Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim
LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.
Selangor Govt Tables RM3 Bln State Budget For 2025
SHAH ALAM, Nov 15 (Bernama) -- The Selangor government today tabled a RM3 billion Budget 2025 to manage and sustain the state’s development next year.
Nice Expects Newly Commissioned Sokor North Heap Leach Plant To Boost Revenue By 3Q 2025
From Engku Shariful Azni Tengku Ab Latif
TANAH MERAH, Nov 15 (Bernama) -- Niche Capital Emas Holdings Bhd (Nice) has successfully commissioned its heap leach plant here at Sokor North Gold Mine.
Bank Muamalat, CGC Launch First 'Halal Portfolio Guarantee-i Scheme' To Support SMEs
KUALA LUMPUR, Nov 13 (Bernama) -- Bank Muamalat Malaysia Bhd has launched the first “Halal Portfolio Guarantee-i Scheme” in collaboration with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide a robust financial safety net for small and medium enterprises (SMEs) in Malaysia.
MMHE Returns To Black With RM15.27 Mln Net Profit In 3Q 2024
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.
HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
Maxis 3Q Net Profit Rises 27.5 Pct To RM366 Mln, Declares 4 Sen Dividend
KUALA LUMPUR, Nov 8 (Bernama) -- Maxis Bhd’s net profit surged 27.5 per cent to RM366 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM287 million in the same period last year, driven by both higher service revenue as well as prudent cost management.
Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
Govt Adopting Pragmatic Approach In Economic Development - Rafizi
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.