SELAYANG: 'Insp Sheila' has been discharged and acquitted by a magistrate's court of a charge of insulting the modesty of a lawyer last year.
KUALA LUMPUR: The Employees Provident Fund reported an investment income of RM57.57bil for the nine months ending Sept 30, 2024 , marking a 20% increase from RM47.86bil in the same period in 2023.
“Malaysia’s gross domestic product grew by a solid 5.9% year-on-year in the second quarter, while the FBM KLCI closed at 1648 at the end of Q3, returning 13% year-to-date. Investor sentiment remains positive, bolstered by the performance of Malaysian companies, economic policies, and fiscal reforms.
“China’s real GDP growth was recorded at 4.6% year-on-year, slightly down from 4.7% in the previous quarter. Nonetheless, risks remain in the global outlook such as the trajectory and pace of interest rate reductions, persistent and escalating geopolitical tensions particularly in the Middle East, and potential higher import tariffs into the U.S. with the election of Donald Trump last week,” he added.
Meanwhile, real estate and infrastructure posted a gain of RM0.82bil for the quarter on a constant currency basis. However, as most real estate and infrastructure investments, along with money market instruments, are denominated in currencies other than the ringgit, the recent strengthening of the ringgit against the US dollar in 3Q24 led to a loss of RM3.71bil in real estate and infrastructure, and RM1.45bil in money market instruments, due to foreign exchange translation.
In the 3Q24, international investments contributed RM10.50bil, accounting for 53% of total investment income.
EPF Investment Income Ahmad Zulqarnain Onn Equity Real Estate
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 20 Best Horror Games Of The Last 20 YearsFrom Dead Space to Alien: Isolation, we’ve gathered the scariest games since the turn of the millennium
Read more »
Mandatory EPF for non-Malaysians in line with international standards, says EPFKUALA LUMPUR: Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
Read more »
KWSP catat jumlah pelaburan RM57.57 bilion dalam 9 bulan pertama 2024PETALING JAYA: Kumpulan Wang Simpanan Pekerja (KWSP) mencatatkan jumlah pendapatan pelaburan berjumlah RM57.57 bilion bagi tempoh sembilan bulan berakhir 30 September 2024, meningkat 20 peratus berbanding RM47.86 bilion dalam tempoh sama tahun lalu.
Read more »
Polis tahan lima lelaki, rampas dadah lebih 20 kg di Teluk IntanIPOH: Polis menahan lima lelaki dan merampas pelbagai dadah dianggar seberat 21.87 kilogram dalam serbuan di sebuah rumah di Chui Chak, Langkap dekat ...
Read more »
Malaysian Paddy Farmers Face Potential 20% Income Drop Amidst Falling Rice PricesMalaysian paddy farmers are facing a potential 20% decrease in income as rice millers lower their purchase prices. This comes amidst rising input costs and labor expenses, putting pressure on farmers already struggling with the current economic climate.
Read more »
Baby Elephant Starts Job Hunt Early, Needs 20 Years Experience!It’s not every day you see a baby elephant trying to enter a government office!
Read more »