KUALA LUMPUR, April 22 — Prime Minister Datuk Seri Anwar Ibrahim today announced an initial RM1 billion allocation for sovereign wealth fund Khazanah Nasional Berhad to invest in innovative high growth Malaysian companies. He described the venture that is expected to see up to RM3 billion in the Malaysian and South-east Asian ecosystem under the … Read more
DUNGUN, March 17 — Losses due to floods throughout the country during the Northeast Monsoon this time are estimated at almost RM1 billion, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. He said the National Disaster Management Agency (Nadma) was still assessing the actual damage caused by the flood disaster. “But as an estimate, … Read more
DUNGUN, March 17 — Losses due to floods throughout the country during the Northeast Monsoon this time are estimated at almost RM1 billion, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. He said the National Disaster Management Agency (Nadma) was still assessing the actual damage caused by the flood disaster. “But as an estimate, … Read more
KUALA LUMPUR – Lembaga Kemajuan Tanah Persekutuan (Felda) telah merekodkan keuntungan operasi sebanyak RM19.560 juta pada tahun 2022. Manakala keuntungan yang dicatatkan sebelum cukai bagi tempoh tersebut sebanyak RM449 juta. Bagaimanapun, Felda mengalami kerugian selepas cukai sebanyak RM1.005 bilion disebabkan tiga faktor iaitu kesan ke atas penyahiktirafan dan pengukuran semula pinjaman peneroka dengan nilai RM339.01 … Read more
LANGKAWI, Feb 27 ― The government has given approval for the RM1 billion worth of Penang International Airport’s (PIA) expansion and upgrade, which will be handled by Malaysia Airports Holdings Bhd (MAHB), says Transport Minister Anthony Loke Siew Fook. “The actual figures (cost) will only be determined after the tender process as there are also … Read more
GEORGE TOWN, Nov 24 — Penang Chief Minister Chow Kon Yeow today tabled a RM1.047 billion budget for the state with a projected deficit of RM514.53 million in 2024. The 2024 budget is RM58.13 million higher than this year’s budget of RM989.47 million. However, Chow said the state had taken cost savings measures so the … Read more
KUALA LUMPUR, Nov 23 — Labuan International Business and Financial Centre (Labuan IBFC) has contributed more than RM1 billion to the country’s fiscal revenue in 2022, said Deputy Finance Minister II Steven Sim. He said the tax collection was the highest since 1990, which has increased sevenfold since 2018 after the government implemented the ‘substance … Read more
The Holstein Milk Co Sdn Bhd (THMC), pengeluar produk susu jenama Farm Fresh bercadang menerbitkan bon Islamik bernilai RM1 bilion melalui program Sukuk Wakalah. © New Straits Times Press (M) Bhd
