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Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global

KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global. 

PM Anwar Calls For Robust Collaboration With Global South

LIMA (Peru), Nov 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.

The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter

KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.

Daim Zainuddin A Loyal Businessman, Politician

KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.

Founder Of Ahmad Zaki Resources, Wan Zaki, Dies

KUALA LUMPUR, Nov 13 (Bernama) -- Tan Sri Wan Zaki Wan Muda, founder of Ahmad Zaki Sdn Bhd (AZSB) and group advisor to Ahmad Zaki Resources Bhd (AZRB), passed away Tuesday evening at the age of 75.

Govt Expands Collaboration With Global Semiconductor Players -- MITI

KUALA LUMPUR, Nov 12 (Bernama) -- The government is strengthening ties with developed countries and leading multinational companies in the semiconductor industry in an effort to increase technological collaboration, said the Ministry of Investment, Trade and Industry (MITI).

SST Enhancements Expected To Help Generate RM51.7 Bln Revenue In 2025 -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The enhancements to the Sales and Service Tax (SST), effective from May 1, 2025, are expected to help generate revenue of RM51.7 billion in 2025, according to Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.

LREIT Reports 11.4 Pct Retail Rental Reversion In 1Q FY2025

KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).

Hartalega 2Q Net Profit Slips To RM8.63 Mln

KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a lower net profit of RM8.63 million for the second quarter (2Q) ended Sept 30, 2024 (FY2025) compared to RM27.70 million in the same quarter last year.

 

Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang

KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.

TM Global To Expand Data Centres In Cyberjaya, Johor To Meet Growing Demand

KUALA LUMPUR, Nov 11 (Bernama) -- TM Global, the wholesale arm of Telekom Malaysia Bhd (TM), will expand its Klang Valley Data Centre (KVDC) in Cyberjaya and the Iskandar Puteri Data Centre (IPDC) in Johor to meet surging demand for local and international data hosting services.

Monsha’at Takes Significant Step Transforming Saudi Entrepreneurship Landscape

KUALA LUMPUR, Nov 11 (Bernama) -- The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has taken another important step towards reshaping the Saudi entrepreneurship landscape.