KUALA LUMPUR, Aug 11 — Revenue for Malaysia’s services sector grew 25.2 per cent year-on-year (y-o-y) to RM506.5 billion in the second quarter of 2022 (Q2 2022), the Department of Statistics Malaysia (DOSM) said.

By Norrasyidah Arshad KUALA LANGAT, May 20 — The state government has recorded RM1 billion of revenue in the first quarter of this year, says Menteri Besar Dato’ Seri Amirudin Shari. Based on the current performance, Amirudin said he is confident that Selangor would be able to hit its revenue...

KUALA LUMPUR, May 12 — Revenue for the services sector in the country soared 10.4 per cent to RM473.0 billion in the first quarter (Q1) of 2022 from RM428.5 billion in Q1 2021, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, April 10 — The Tourism, Arts and Culture Ministry (Motac) aims to generate between RM47 billion and RM77 billion in tourism revenue through the arrival of 16 million to 22 million international tourists in 2025, said its minister Datuk Seri Nancy Shukri.

SHAH ALAM, Feb 25 — Kumpulan Perangsang Selangor Bhd (KPS) revenue jumped 23 per cent year-on-year to RM1.3 billion for its fiscal year 2021.

By Siti Rohaizah Zainal KUALA LANGAT, Feb 17 —Kuala Langat Municipal Council (MPKL) revenue collection has increased to RM81.4 million in 2021 compared to RM79.8 million in the previous year. Its president Dato 'Amirul Azizan Abd Rahim said the achievement was the result of good governance...

KUALA LUMPUR, Nov 23 — The projected revenue from direct taxes of approximately RM139.3 billion in 2022 is a realistic, reasonable, as well as an achievable target, said Inland Revenue Board (IRB) chief executive officer Datuk Mohd Nizom Sairi.

By Nasuha Badrul Huzaini SHAH ALAM, Aug 27 — Kumpulan Perangsang Selangor Berhad (KPS) recorded a 46 per cent year-on-year growth in revenue to RM323.8 million for the quarter ended June 20, 2021. The higher revenue is backed by the higher sales from the manufacturing business with more...

KUALA LUMPUR, March 22 — Revenue from Malaysia’s aerospace sector is expected to rebound to the pre-pandemic level of RM16.2 billion in 2019, beginning 2022 onwards, provided the country manages to capture new work packages from the original equipment manufacturers (OEMs).

KUALA LUMPUR, Feb 26 — Tenaga Nasional Bhd’s (TNB) net profit fell to RM3.40 billion in the financial year ended December 31, 2020 (FY20), from RM4.53 billion in the same period a year earlier due to lower revenue and finance income.

KUALA LUMPUR, Feb 26 — Kumpulan Perangsang Selangor Bhd (KPS) reported RM1.1 billion revenue for its fiscal year 2020, setting a new financial milestone by surpassing the RM1 billion revenue mark for the group performance.

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.