MMAG Holdings Expands Into Financial, Aviation Services
KUALA LUMPUR, Feb 13 (Bernama) -- MMAG Holdings Bhd has proposed diversifying into financial services, including moneylending and hire purchase financing, alongside its existing businesses.
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CelcomDigi Posts Slightly Lower Net Profit Of RM1.38 Bln In FY2024
KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.
Malaysia Must Fully Leverage Its Strong Aerospace Ecosystem – MITI
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia should capitalise its strong aerospace ecosystem and must maximise its potential to drive industry growth, said Investment, Trade, and Industry (MITI) deputy secretary-general (Industry), Datuk Hanafi Sakri.
AirAsia X Passengers Surge 41 Pct To Over Four Mln In 2024
KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.
Downstream Agricommodity Sector Records GDP Of RM30.1 Bln Up To 3Q 2024
KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.
Pavilion REIT Posts RM409.92 Mln Net Profit For FY2024
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
Only One Raises 100 Mln Japanese Yen To Expand Custom Travel, Hotel Ventures
KUALA LUMPUR, Feb 12 (Bernama) -- Tokyo-headquartered Only One Corp, a travel agency specialising in bespoke journeys, has successfully raised 100 million Japanese yen through over 20 individual investors. (100 Japanese yen = RM2.92)
InDrive Aims To Exceed 40,000 Registered Drivers In Malaysia By End-2025
KUALA LUMPUR, Feb 12 (Bernama) -- InDrive, the global mobility and urban services platform, expects to exceed 40,000 registered drivers in Malaysia by the end of 2025.
Xsolla, AppsFlyer Team Up To Revolutionise Cross-Platform Gaming Insights
KUALA LUMPUR, Feb 12 (Bernama) -- Global video game commerce company, Xsolla has partnered with mobile measurement and analytics leader, AppsFlyer in a groundbreaking web shop collaboration for the gaming industry.
Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today.
Pantech Global Not Expected To Be Affected By US Tariffs On Steel, Aluminium
KUALA LUMPUR, Feb 10 (Bernama) -- Pantech Global Bhd is not expected to be affected by US President Donald Trump’s plan to impose a 25 per cent tariff on all steel and aluminium imports.
LuMIC: A 25-year Vision To Boost Perak’s Economy, Strengthen Malaysia’s Port Sector
LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.