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Kao Focuses On Long-term Shareholder Value, Transparent Board Selection

KUALA LUMPUR, Dec 20 (Bernama) -- Kao's Board of Directors and management team are focused on increasing shareholder value from a long-term perspective, guided by the company’s business strategy.

Malaysia's November 2024 Inflation Falls To 1.8 Pct -- DOSM

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).

AEON Credit Third Quarter Net Profit Eases To RM62.07 Mln

KUALA LUMPUR, Dec 19 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit for the third quarter of the financial year ended Feb 28, 2025 (3Q 2025) fell to RM62.07 million from RM85.55 million last year.

MRCB Issues Termination Notice For Teaming Agreement With Berjaya Regarding KL-SG HSR Project

KUALA LUMPUR, Dec 19 (Bernama) -- The Malaysian Resources Corporation Bhd (MRCB) has announced that it has issued a notice of termination to Berjaya Rail Sdn Bhd, ending their teaming agreement. 

Labuan IBFC Prepares For FATF Evaluation With Key Legislative Reforms 

LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.

TM, Petronas And Gentari Ink MoU To Drive Digital Transformation For Industries

KUALA LUMPUR, Dec 19 (Bernama) -- Telekom Malaysia Bhd (TM) has signed a memorandum of understanding (MoU) with Petroliam Nasional Bhd's (Petronas) digital arm Petronas Digital Sdn Bhd and Gentari Sdn Bhd to accelerate digital transformation and sustainable innovation for industries and the nation. 

US-based Tech Company Kyndryl Opens New Office In Malaysia

KUALA LUMPUR, Dec 19 (Bernama) -- Kyndryl Inc, a United States-based information technology infrastructure services provider, has opened a new office in Kuala Lumpur, underscoring its commitment to local customers and its efforts to position Malaysia as an ASEAN hub for mainframe modernisation.

CIDB Malaysia’s ICW & BuildXpo 2024 Records RM654.4 Mln In Projected Trade Value

KUALA LUMPUR, Dec 19 (Bernama) -- The International Construction Week (ICW) and Malaysia International Building and Construction Industry Exhibition (BuildXpo) 2024 successfully registered RM654.4 million in projected trade value this year, marking a 32 per cent surge from RM494.3 million in 2023.

5G Remains The Focus For Telco In 2024

By Anas Abu Hassan

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network. 

Ringgit Slips 0.4 Pct Against US Dollar, Opens Mostly Higher Against Other Basket of Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to cut the Fed Funds Rate by 25 basis points last night.

107.5 Mln e-invoices received By LHDN since August

By Engku Shariful Azni Engku Ab Latif and Previnna Thuraisingam

KUALA LUMPUR, Dec 18 (Bernama) -- The Inland Revenue Board (LHDN) has received 107.5million e-invoices from taxpayers since the system was implemented on Aug 1.

Matrade, DMID Collaborate To Boost Export Promotion

KUALA LUMPUR, Dec 18 (Bernama) – The Malaysia External Trade Development Corporation (MATRADE) and Dunia Melayu Dunia Islam (DMDI) have signed a memorandum of understanding (MoU) to bolster trade and export promotion cooperation.