News by Tan Siew Mung

Its revenue, however, fell 34.49% to RM388.24 million from RM592.63 million a year ago. 

Gagasan Nadi Cergas said in a bourse filing that it has accepted the letter of award from Kwasa Land for the proposed development of two parcels of land in Kwasa Damansara Township, Petaling, Selangor with a total land size of approximately 39.12 acres

Aspen said in a statement filed with the Singapore Exchange (SGX) on Wednesday that out of the total tax liability, RM19.63 million was paid to the IRB upon signing of the agreements. This resulted in a balance of tax payable of RM36.77 million, which will be settled via instalment payment over six years, it said.

BNM said household debt growth was broadly sustained as at end-June 2021, expanding by 5.5% over the same period last year even as more borrowers resumed payments on their loans after exiting from loan moratoria

According to BNM’s Financial Stability Review report for 1H21 published on Wednesday, sustained demand from first-time house buyers for affordable property is expected to mitigate risks associated with a significant house price correction that could undermine household balance sheets and increase potential losses for banks

The EPF said in a statement today that while the fund is confident that the government’s various stimulus packages and initiatives will keep business sentiment strong and boost domestic demand, it is very concerned about the retirement security of the people, especially with 46% of EPF members below the age of 55 having less than RM10,000 in their accounts

CEO Datuk Seri Amir Hamzah Azizan said the EPF delivered a resilient performance in 1H21, driven by the progressive recovery of equity markets and most asset classes amid the global rebound

A total of 22.35 million people or 68.4% of the population had received at least the first shot as of yesterday, including 18.99 million or 58.1% who were fully inoculated

Out of the 487 deaths yesterday, 161 were brought-in-dead (BID) cases, raising the country's cumulative BID tally to 4,809

The group said the lower earnings were mainly due to the lesser number of units sold to customers being handed over in the current quarter by its Australian projects as well as a lower share of profits from its UK joint ventures