2d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.
3d ago
PUTRAJAYA, June 30 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has expressed satisfaction with the progress of the Government-linked Enterprises Activation and Reform Programme (GEAR-uP).
3d ago
PUTRAJAYA, June 30 (Bernama) -- A total of RM11 billion has been deployed under the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) as of June 30, 2025, less than a year since the initiative spearheaded by the Ministry of Finance (MOF) was launched.
3d ago
KUALA LUMPUR, June 30 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM423 million for its fixed price fund Amanah Saham Bumiputera 3 Didik (ASB 3 Didik) for the financial year ending June 30, 2025.
10d ago
KUALA LUMPUR, June 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that Permodalan Nasional Bhd (PNB) and Pelaburan Hartanah Bhd (PHB) must double their efforts to raise investment literacy among the public, especially the Bumiputera community.
13d ago
KUALA LUMPUR, June 20 (Bernama) -- SD Guthrie Bhd and Sime Darby Property Bhd (SDP) have signed a joint venture agreement to develop up to 809.4 hectares of land in Carey Island, Selangor, aimed at fostering sustainable economic growth and innovation.
18d ago
KUALA LUMPUR, June 16 (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.
1m ago
KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.
2m ago
KUALA LUMPUR, May 2 (Bernama) -- Planning consent has been granted for the next phase of Battersea Power Station’s regeneration in London, a key milestone in the 16.99-hectare (42-acre) development.
2m ago
KUALA LUMPUR, May 1 (Bernama) -- Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees now earn above the monthly living wage threshold.
2m ago
PUTRAJAYA, April 18 (Bernama) -- Malaysia must focus on diversifying its export base and increasing the quality of investments in preparation to face the global economic uncertainty, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
2m ago
KUALA LUMPUR, April 11 (Bernama) -- The Area Group’s subsidiary Area Real Estate Advisory Sdn Bhd has signed a heads of agreement and memorandum of understanding (MoU) with China’s Shenzhen Government Procurement Association to jointly promote the region’s US$20 billion (US$1=RM4.42) flagship project, the “Two Countries, Twin Parks” initiative.