1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Genting Malaysia Bhd’s net profit tripled to RM569.16 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM177.41 million in the same quarter last year, on higher adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) by 75 per cent.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia's leading index (LI) remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in the same month a year ago, said Statistics Department Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 24 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has successfully assisted 612,692 entrepreneurs with financing worth RM6.45 billion from January to September 2024.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
1y ago
SHAH ALAM, Nov 21 (Bernama) -- Selangor recorded a total trade value of RM639.2 billion, accounting for 29.9 per cent of the country’s total trade, from January to September 2024.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- A total of RM44.2 million has been withdrawn by contributors from the Employee Provident Fund (EPF) Akaun Sejahtera since the i-Lindung programme was introduced in July 2022, up until September this year, according to Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- The manufacturing industry achieved capacity utilisation of 82.4 per cent in the third quarter of 2024 (3Q 2024), an increase of 3.0 percentage points from the same quarter the previous year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Pengurusan Air Selangor Sdn Bhd (Air Selangor) has outlined strategic measures to ensure that its capacity will meet the additional demand in line with the data centre industry’s rapid growth.