KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.
KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.
KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.
KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).
KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.
KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.
KUALA LUMPUR, Sept 19 (Bernama) -- Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2024 (3Q 2024) increased to RM80.44 million from RM66.33 million last year.
