Budget 2025 To Pave Way For 13th Malaysia Plan, Address Cost-Of-Living Challenges : MIER

KUALA LUMPUR, Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).

The Malaysian Institute of Economic Research…

Budget 2025: Reduce Rubber Glove Export Levy By Half, Says Top Glove

KUALA LUMPUR, Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.

Executive chairman Tan Sri Lim Wee Chai said the group has been paying the levy …

Rising Demand And Supportive Policies Key To Malaysia AI Market Growth – IBM Malaysia

KUALA LUMPUR, IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.

Its managing director and tech…

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst and Young (EY) as its new external auditor, effective Oct 9, 2024.

The company said EY is replacing PricewaterhouseCoopers (PwC), which resigned following a formal written notice served …

Public Bank, LPI Capital Shares To Resume Trading On Friday

KUALA LUMPUR, Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.

‘Trading in the structured warrants relating to Public Bank will a…

Top Glove Expects To Return To Black In FY2025 – MD

KUALA LUMPUR, Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.

Although the group did not manage to achieve profitabil…

RHB Bank Net Interest Margin Seen Higher In Third Quarter

KUALA LUMPUR, RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and …