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Ringgit Set To Strengthen Against US Dollar In 2025, Averaging At RM4.23 – MIDF

KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.

Handal Energy Expands Into Healthcare Sector With RM69 Mln Hospital Venture

KUALA LUMPUR, March 3 (Bernama) -- Handal Energy Bhd’s wholly-owned subsidiary Handal Hospitality Sdn Bhd (HHSB) has signed a memorandum of agreement with Hartanah Azzahrah Sdn Bhd to facilitate the acquisition of two hospitals worth at a price of not less than RM69 million.

Bursa Malaysia Turns Mixed At Midday

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia turned mixed at midday, following the broadly positive cues from Wall Street’s performance last Friday as investors brushed off concerns over rising tensions between Ukraine and the United States (US).  

IPG Inactive For February 2025, No Payments For The Month

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) is inactive in Peninsular Malaysia, Sabah and Sarawak in February, and therefore, no payments will be made for this month. 

Mavenir’s NIaaS AI Agents Achieve 40 Pct Mobility KPI In 5G NSA Networks

KUALA LUMPUR, March 3 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, has announced a major milestone with its full-stack artificial intelligence (AI) framework, Network Intelligence as a Service (NIaaS), marking a global first in autonomous optimisation for operational 5G non-standalone (NSA) networks.

Ringgit Opens Marginally Higher Against Greenback Amid Cautious Trading

KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday amid cautious trading ahead of the United States government’s import tariff imposition on Canada and Mexico as well as China.

High EPF Dividend Boosts Confidence In Malaysia's Market, Investment – Economists

KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.  

Shariah Account’s Equal Dividend Highlights Strength Of Shariah Investments – Economists

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.  

KPJ Healthcare Posts Higher FY2024 Net Profit Of RM353.81 Mln On Cost Cuts, Efficiency

KUALA LUMPUR, March 1 (Bernama) -- KPJ Healthcare Bhd posted a net profit of RM353.81 million for financial year 2024 (FY2024), up from RM263.40 million a year earlier, driven by cost optimisation, operational efficiency and patient-centric investments.

EPF’s Record Dividend Reflects Investor Confidence In MADANI Policies – Anwar

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) strong performance reflects investor confidence in the MADANI Government’s growth-friendly policies, Prime Minister Datuk Seri Anwar Ibrahim said today. 

EPF's Commendable Dividend Payout To Spur Economic Activities, Support National Growth -- Economists

By Anas Abu Hassan

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.

EPF Ranks Among Largest Pension Funds In The World -- CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund (EPF) ranked the 13th largest pension fund in the world and the fifth largest in Asia as at September 2024, said chief executive officer Ahmad Zulqarnain Onn.