KUALA LUMPUR, Feb 25 — Malayan Banking Bhd (Maybank) closed its financial year ended Dec 31, 2020 (FY20) with a lower net profit of RM6.48 billion compared with RM8.20 billion in FY19 due to significantly higher net impairment losses, owing to the continued impact from the Covid-19 pandemic.

KUALA LUMPUR, Feb 24 — Telekom Malaysia Bhd (TM) expects its revenue to flatten or grow at a low single digit for the financial year ending December 31, 2021 (FY21) with potential growth areas including the Unifi segment, TMOne and TM wholesales.

KUALA LUMPUR, Feb 12 — The Malaysian Association of Hotel Owners (MAHO) is seeking the government to allow hotels to take guests for room accommodation and for meetings.

By Alang Bendahara SHAH ALAM, Feb 10 — The Federal government has to implement fiscal decentralisation to ensure the revenue gained from all the states is distributed back fairly. Selangor Investment, Industry and Trade, Small and Medium Industries Committee chairman Dato' Teng Chang Khim...

PUTRAJAYA, Feb 2 — The Royal Malaysian Customs Department (RMCD) collected a total of RM38.67 billion in revenue in 2020, exceeding the initial projection of RM36.30 billion, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Feb 2 — Westports Holdings Bhd recorded a higher net profit of RM654.49 million in the financial year ended December 31, 2020 (FY20), compared with RM590.89 million chalked up in the previous year.

KUALA LUMPUR, Dec 28 — The government is working to reduce tax leakages as one of the strategies to improve tax administration in the country, the Dewan Negara was told today.

KUALA LUMPUR, Nov 30 — RHB Bank Bhd's net profit for the third quarter ended September 30, 2020 increased to RM622.25 million from RM615.83 million in the same quarter last year.

KUALA LUMPUR, Nov 19 — AirAsia X Bhd’s (AAX) net loss widened to RM308.46 million in the third quarter ended September 30, 2020, from RM229.89 million in the same quarter last year.

By Sherilyn Pang SHAH ALAM, Oct 30 – Selangor’s revenue for this year has amounted to RM1.99 billion as of October 29, or 90.46 per cent out of the estimated RM2.2 billion for 2020, says Dato’ Seri Amirudin Shari. The Selangor Menteri Besar said based on the estimation, tax revenue recorded a...

KUALA LUMPUR, Oct 28 — Supermax Corporation Bhd's net profit for the first quarter (Q1) ended September 30, 2020 soared to RM789.52 million from RM24.75 million recorded in the same period a year ago.

KUALA LUMPUR, Oct 8 — Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz says widening the Sales and Services Tax (SST) is one of the many options available to expand the government’s revenue base but the timing has to be right.

KUALA LUMPUR, Sept 25 — Serba Dinamik Holdings Bhd aims to reduce the company's dependency on oil and gas (O&G) revenue by an estimated 40-45 per cent by 2022.

KUALA LUMPUR, Aug 4 — Hartalega Holdings Bhd's net profit surged 134 per cent to RM219.72 million in the first quarter ended June 30, 2020, from the RM94.06 million chalked up in the same period last year.