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Main Market Debutant Pantech Global Eyes Expansion In North Africa, South America

KUALA LUMPUR, March 3 (Bernama) -- Pantech Global Bhd is accelerating its international expansion, targeting high-growth markets in North Africa and South America after listing on the Main Market of Bursa Malaysia today.

EPF Investment Assets At RM1.25 Trillion, 63 Pct Invested In Domestic Market

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) investment assets stood at RM1.25 trillion as at Dec 31, 2024, of which 63 per cent was invested domestically.

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Reinforce Centrality, Focus On Realistic Targets And Delivery, ASEAN-BAC’s Nazir Razak Tells Grouping

KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

KNM Group Disposes Of Entire Stake In DKNM To Japan's NGK For RM1.24 Bln

KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).

Tomei's Net Profit For FY2024 Higher At RM59.5 Mln As More People View Gold As Secure Investment Asset

KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

MAVCOM-CAAM Merger Progressing Well, Timeline Yet To Be Set – Hasbi

KUALA LUMPUR, Feb 25 (Bernama) -- The merger of the Malaysian Aviation Commission (MAVCOM) and the Civil Aviation Authority of Malaysia (CAAM) is progressing well, though no specific timeline has been set, Deputy Transport Minister Datuk Hasbi Habibollah said.  

MAHB Privatisation Signals Major Changes For Malaysia’s Airport Sector -- Aviation Experts 

KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.

99 Speed Mart Net Profit Up 22.5 Pct To RM490.26 Mln For FY2024

KUALA LUMPUR, Feb 24 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Holdings) net profit increased by 22.5 per cent to RM490.26 million in the financial year ended Dec 31, 2024 (FY2024) against RM400.22 million in FY2023, in tandem with the higher revenue and other operating income.