KUALA LUMPUR, Feb 8 — Malaysia’s services sector saw its total revenue increase to RM2.3 trillion in 2023, an 8.4 per cent rise compared to 2022’s RM2.1 trillion, the Department of Statistics Malaysia (DOSM) reported.

SUBANG, Feb 7 — Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa) is targeting 30 school cooperatives to achieve revenue exceeding RM1 million by the end of this year.

KUALA LUMPUR, Feb 1 — The Malaysia Healthcare Travel Council (MHTC) aims to generate RM2.4 billion in revenue from the health tourism sector this year, which is expected to contribute an economic spillover to other industries of about RM9.6 billion.

KUALA LUMPUR, Jan 23 — Prime Minister Datuk Seri Anwar Ibrahim has reminded all parties not to deceive or evade paying tax to the government.

PUTRAJAYA, Jan 23 — The Royal Malaysian Customs Department has collected a revenue of RM55.1 billion in 2023, exceeding the target of RM 53.5 billion, with a surplus of RM1.6 billion or three per cent.

MBSJ targets 5 pct revenue increase in 2024, eyes new income sources By Selangor Journal Team SUBANG JAYA, Jan 19 — The Subang Jaya City Council (MBSJ) is targeting a 5 per cent increase in revenue collection this year.  This is after the local authority recorded a similar increase in...

By Suhaila Shahrul Annuar KUALA LANGAT, Jan 16 — Selangor’s ability to consistently collect revenues that exceed its annual targets has allowed the state to continue enhancing welfare aid for its citizens. Menteri Besar Dato’ Seri Amirudin Shari noted that last year, the state recorded a...

By Danial Dzulkifly SHAH ALAM, Jan 1 — As the New Year begins, the Selangor government under the leadership of Menteri Besar Dato’ Seri Amirudin Shari celebrates the accomplishments of the past year and looks forward to building upon these successes in 2024. Taking to social media site X,...

KUCHING, Dec 25 — Sarawak recorded a revenue of RM13.1 billion for 2023, the highest revenue performance ever achieved by the state, said Premier Tan Sri Abang Johari Tun Openg.

KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39 million in the same period last year.

KUALA LUMPUR, Nov 7 — There will be little change to Malaysia’s production of palm oil for this year as compared with 2022, with the price of crude palm oil hovering around RM4,000 per tonne, according to the Malaysian Palm Oil Board (MPOB).

BEIJING, Oct 29 — China's software and information technology service industry registered double-digit growth in revenue and profits in the first three quarters of this year, official data showed, reported Xinhua.

KUALA LUMPUR, Oct 26 —The implementation of the electronic invoicing system (e-invoicing) will bode well should the government opt to reinstate the Goods and Services Tax (GST), and simultaneously, assist it in achieving its 2024 tax collection target of RM185 billion, said Inland Revenue Board (IRB) chief executive officer Datuk Seri Mohd Nizom Sairi.

WASHINGTON, Oct 19 — Business software maker SAP's cloud business revenue rose by 16 per cent in the third quarter on the back of its application services and Hana software, the company said on Wednesday.

By Sheeda Fathil SUBANG JAYA, Oct 15 — The Subang Jaya City Council (MBSJ) has set a revenue collection target of more than RM331.035 million for 2024, compared to RM315.035 million this year. Its mayor Mohd Fauzi Mohd Yatim said for non-tax revenues, the local council is aiming to collect...

By Danial Dzulkifly KUALA LUMPUR, Sept 13 – Selangor Menteri Besar Dato’ Seri Amirudin Shari has urged the Federal government to empower state over matters such as public transportation and health in a bid to diversify the respective administration’s revenue streams. Amirudin, who is also...

By Danial Dzulkifly SHAH ALAM, Aug 22 — Selangor has surpassed its projected revenue target of RM2 billion for the year, over four months ahead of schedule, said Menteri Besar Dato’ Seri Amirudin Shari. He said the state government successfully amassed the amount earlier this month, and is...

KUALA LUMPUR, June 16 — Top Glove Corp Bhd has reported a net loss of RM130.59 million in the third quarter (3Q) ended March 31, 2023, compared with net profit of RM15.29 million registered in the corresponding period a year ago.

KUALA LUMPUR, May 30 — Malaysia Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first quarter ended March 31, 2023 (1Q FY2023), compared to a RM104.76 million loss from the previous corresponding quarter.

KUALA LUMPUR, May 10 — Malaysia’s services sector revenue grew 13.1 per cent year-on-year (y-o-y) to RM560.3 billion in the first quarter of 2023 (1Q 2023) from RM495.5 billion in the same quarter last year, the Department of Statistics Malaysia (DOSM) said.