SME News
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2024-01-31
CTOS Digital posts record-breaking earnings for FY2023 as 4Q profit jumps four-fold
KUALA LUMPUR (Jan 31): CTOS Digital Bhd saw its net profit surge four-fold to RM56.28 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM14 million in the previous year’s corresponding quarter, largely due to the recognition o...
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2024-01-31
DOSM estimates 3.4% growth in Malaysian economy in 4Q23
KUALA LUMPUR: Malaysia's economy is estimated to grow at 3.4 per cent in the fourth quarter of 2023 (4Q 2023), representing a slight uptick from the previous quarter's growth of 3.3 per cent, according to the Department of Statistics Malaysia...
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2024-01-31
Bursa Malaysia expects more IPOs this year, targets 42 by year-end
KUALA LUMPUR: Bursa Malaysia Bhd anticipates an uptick in initial public offerings (IPO) this year, particularly on the ACE Market, setting a 42 IPO target for the year. The stock exchange operator missed its initial 39 IPOs target for 2023 due to...
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2024-01-31
National Council of Professors confident Sultan Ibrahim will address Malaysia’s economic challenges
KUALA LUMPUR, Jan 31 — The National Council of Professors (MPN) has expressed confidence in the newly appointed His Majesty Sultan Ibrahim, the 17th King of Malaysia, to effectively address Malaysia’s economic challenges. Its chairman,...
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2024-01-31
RM1mil grand prize up for grabs in AmBank Islamic campaign for SMEs
AMBANK Islamic has unveiled “AmJutaBiz”, a deposit rewards campaign aimed at encouraging small and medium enterprises (SMEs), business proprietors, partnership and similar bodies to boost their savings in AmBank Islamic’s Current Ac...

