Developer Auto Tech Enhancement, NIMP 2030, Maybank Gains, Rahmah 5G Packages, Among Salient Headlines

MGB Adopts Automation Tech From Italy For Its Factory In Saudi Arabia

MGB Berhad announced that its indirect wholly owned subsidiary, MGB International for Industry (MGBI) has entered into a memorandum of collaboration (MOC) with Nordimpianti System S.R.L. (Nordimpianti) and MCT Italy S.R.L (MCT Italy).

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Anwar: NIMP 2030 To Drastically Enhance Malaysia’s Economic Trajectory

The New Industrial Master Plan 2030 (NIMP 2030) was launched by the Prime Minister Dato’ Seri Anwar Ibrahim at the Ministry of Investment, Trade & Industry (MITI).

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Maybank’s 1H FY23 Net Profit Rises 26% To RM4.60b, Declares First Interim Cash Dividend Of 29 Sen Per Share

Maybank’s net profit hits a strong 26.0% Y-o-Y of RM4.60 billion in the first half of the year (1H FY23) compared with the same period last year, while profit before tax (PBT) was up 21.8% to RM6.43 billion.

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UBB IB Partners With PPZ-MAIWP To Deliver Shariah-Compliant Services, Facilitate Tithe Contributions

UBB Investment Bank Limited (UBB IB) forged a strategic partnership with the Federal Territories Islamic Religious Council Zakat Collection Centre (PPZ-MAIWP) to offer comprehensive and shariah-compliant services while promoting zakat among Muslim clients and assisting with the collection of tithe (zakat).

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Rafizi Believes Businesses More Open To PWM, Calls For Allocation For Private Sector Wage Increases

Economy Minister Rafizi Ramli rests assured that Malaysian businesses will be more receptive to the progressive wage model (PWM) policy papers that will be presented to the National Economic Action Council on Aug 7.

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Govt Announces RAHMAH 5G Packages, RAHMAH Civil Servant Postpaid Incentive

Ahead of National Day 2023, the Ministry of Communications and Digital (KKD) in collaboration with the Malaysian Communications and Multimedia Commission (MCMC)…

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AAX Saw Its Q2 Revenue Jump 5 Fold To RM512 Million, Remains In The Black

For the 1H, AAX reported a revenue of RM1.06 billion, quadruple the revenue recorded in the same period of 2022. In 2022, revenue was mainly generated from charter flights and cargo, as most of the fleet remained on the ground…

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Mercury Securities To Raise RM39.27 Million From IPO

Mercury Securities Group Berhad (“Mercury Securities” or “Company”), unveiled its prospectus today in conjunction with its initial public offering (“IPO”) and listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).

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