KUALA LUMPUR: Genting Bhd's performance for the remainder of the 2024 financial year may be influenced by factors such as global economic growth, geopolitical risks, and macroeconomic movements. The group said the global economy is expected to continue growing, though risks from geopolitical developments may persist. “In Malaysia, the expansion of the economy is expected to be supported...
PETALING JAYA: A PKR lawmaker has refuted the misleading viral message circulating on social media comparing the Employees Provident Fund (EPF) and Permodalan Nasional Berhad (PNB) dividend payouts. Petaling Jaya MP Lee Chean Chung explained that the EPF's investment approach involves a combination of bonds with a 2.5% guaranteed return and investments in both Malaysian and...
KUALA LUMPUR: Genting Bhd registered a net profit of RM929.20 million in the financial year ended Dec 31, 2023 (FY2023) compared to a net loss of RM299.90 million a year ago. Its revenue jumped to RM27.12 billion from RM22.38 billion, boosted by the leisure and hospitality businesses in the United States, Bahamas, United Kingdom and Egypt. It...
PETALING JAYA: The Employees' Provident Fund (EPF) is expected to announce the 2023 dividends on Sunday (March 3). As in previous years, dividends for the conventional and syariah savings for 2023 are expected to be announced during the retirement fund’s annual financial performance briefing, which will be on Sunday. Analysts have previously indicated that the dividends for...
PETALING JAYA: MR DIY Group Bhd is bullish on its long-term sustainable growth prospects, buoyed by steady development across all key metrics of the home improvement retailer. The group said this was evident as its strong value-price proposition was relevant and resonated with the value-conscious Malaysian customer, while continuing to eye opportunities for growth investments through...
