AmInvest Declares RM133.2 Mln Income Distribution For 47 Funds
KUALA LUMPUR, March 25 (Bernama) -- AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.
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Borong Ranks Second Fastest-Growing Company In Asia Pacific By Financial Times
KUALA LUMPUR, March 24 (Bernama) -- Borong, a local business-to-business technology e-procurement and e-marketplace company, has been ranked the second fastest-growing company in the Asia-Pacific region in the Financial Times High-Growth Companies Asia-Pacific 2025 list.
ST Rosyam Mart Targets RM2 Bln Sales In 2025
KLANG, March 20 (Bernama) -- The ST Rosyam Mart wholesale and retail supermarket chain targets sales of RM2 billion this year through its eight branches nationwide, including the latest branch which opened at Jalan Kebun here yesterday.
Committed Funds In PE And VC Industry Totalled Rm24.7 Bln At End-2024
KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.
Unit Trust Funds Remain Largest CIS Component With RM546.08 Bln NAV
KUALA LUMPUR, March 20 (Bernama) -- Unit trust funds remained the largest component of Malaysia’s collective investment schemes (CIS) industry, with a total net asset value (NAV) of RM546.08 billion as at Dec 31, 2024.
Islamic Capital Market Remains Substantial Contributor To Overall Capital Market
KUALA LUMPUR, March 20 (Bernama) -- The Islamic Capital Market (ICM) continues to play a significant role, accounting for 63.04 per cent of the overall capital market.
Wholesale, Retail Trade Up 4.6 Pct Y-o-y To RM148.9 Bln In January 2025 - DOSM
KUALA LUMPUR, March 12 (Bernama) -- Malaysia's wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a 4.6 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).
RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
Businesses Foresee Encouraging Environment In 1Q 2025 - DOSM
KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
GSMA: Malaysia’s 5G Dual Network To Boost Competition, Investment
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s decision to transition from a Single Wholesale Network to a Dual Network model for 5G deployment is expected to drive competition, attract investment, and accelerate the country’s digital transformation, according to the GSM Association (GSMA).
Unipart Embarks Operations In Vietnam, Enhancing Supply Chain Services In APAC
KUALA LUMPUR, Feb 18 (Bernama) -- Unipart, the supply chain performance improvement partner, has officially launched operations in Vietnam.
Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High
KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.