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PENANG has called on Putrajaya to grant at least RM1bil in allocations to the state as it contributed 6.7% of the national gross domestic product (GDP) last year.
PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), which saw losses of RM390.89mil in the first half of the year, is expected to return to the black next year, with the expansion of its profitable marine business segment.
The dollar started the week and the final quarter of 2020 on softer footing
KUALA LUMPUR: Bursa Malaysia came under selling pressure on Thursday as the key FBM KLCI closed below the crucial 1,500-level on blue-chip selling.
KUALA LUMPUR: Scientex Bhd posted a record high net profit of RM390.11mil in the financial year ended July 31,2020 underpinned by strong growth in its packaging manufacturing and property development segments.
KUALA LUMPUR: RHB Economic Research is maintaining its exchange rate outlook, with the ringgit expected to trade at 4.15 against the US$ by end 2020 and 3.95 by end 2021.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB), which posted a 41.5% fall in net profit to RM653.3mil in the second quarter ended June 30, has declared a dividend of 22 sen.
KUALA LUMPUR: Axiata Group Bhd, which operates telecommunications businesses in several Asian countries, said most of its operating companies (OpCos) have seen revenue recovering to pre-pandemic levels in June after a weak start in the second quarter (Q2).