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.

SAN FRANCISCO, April 26 — Microsoft posted on Tuesday its revenue of US$52.9 billion (RM235.9 billion) for the third quarter of the 2023 fiscal year ending March 31, up seven per cent from the same period last year, reported Xinhua.

KUALA LUMPUR, March 1 — The government still has space to control the country's expenditure particularly development expenditure to ensure it is more prudent and accurate according to the project plans and this will indirectly assist the government in terms of better revenue needs. Economy...

KUALA LUMPUR, Feb 28 — Fitch Solutions Group (FSG) has lowered Malaysia's 2023 budget deficit forecast as a share of Gross Domestic Product (GDP) to 4.9 per cent from 5.3 per cent previously, which it said is “somewhat aligned” with the government’s fiscal projections.

MOSCOW, Feb 15 — The revenue of the International Association Football Federation (FIFA) during the 2019-2022 period has amounted to a record-breaking US$7.6 billion due to "an unprecedented investment in football," FIFA said on Tuesday.

KUALA LUMPUR, Feb 10 — About 71.6 per cent of Malaysian micro, small and medium enterprises (MSMEs) saw their revenue rise year-on-year last year, according to Alliance Bank Malaysia Bhd’s MSME Business Outlook 2023 report.

By Sulyn Chong SHAH ALAM, Jan 3 — To begin his work in 2023, Menteri Besar Dato’ Seri Amirudin Shari has met with Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya today to strengthen Federal-Selangor cooperation through the Malaysian unity government. In a post on Facebook, Amirudin also...

ALOR SETAR, Dec 10 — The Road Transport Department (RTD) managed to collect revenue amounting to more than RM233 million via 201 RTD eCounter units (kiosks) nationwide from January 1 to December 4.

By Norrasyidah Arshad SEPANG, Oct 30 — Sepang’s rapid economic growth is one of the contributing factors to Selangor’s revenue collection, which currently stands at about RM2.18 billion, says Dato’ Seri Amuridin Shari. The Menteri Besar said the proud achievement is recorded two months...

PUTRAJAYA, Sept 4 — The Immigration Department (JIM) has collected RM3.5 billion in revenue as of August 30 compared to RM2.5 billion in the corresponding period last year, said director-general Datuk Seri Khairul Dzaimee Daud.