11m ago
KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.
11m ago
By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- The Housing and Local Government Ministry is targeting to generate RM180 billion property sales across all sectors this year, said its minister Nga Kor Ming.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- Bank Negara Malaysia (BNM) said the Finance Minister has approved Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025.
1y ago
KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.
1y ago
SHAH ALAM, March 1 (Bernama) -- The 6.30 per cent dividend rate announced by the Employees Provident Fund (EPF) for both Simpanan Konvensional and Simpanan Shariah for 2024 is the highest since 2017, according to chief executive officer Ahmad Zulqarnain Onn.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
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.
1y ago
KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.