Malaysia's Success In Lifting Millions From Poverty Often Overlooked -- World Bank
KUALA LUMPUR, Aug 29 (Bernama) -- Malaysia’s success in lifting millions out of poverty, without creating permanent slums, is often overlooked.
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Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF
KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
NACC 2025 Focuses On Govt Commitment To Turn Malaysia Into Cargo Aviation Hub
KUALA LUMPUR, Aug 27 (Bernama) – The government’s initiatives and commitment to develop four airports in the country into cargo aviation hubs were the focus of the National Aviation Consultative Council (NACC) 2025 meeting, according to the Transport Ministry.
Malaysia To Start SAF Production By End-2025
KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is expected to begin domestic production of sustainable aviation fuel (SAF) before the end of 2025 with the start of commercial operations by Ecoceres Renewable Fuels Sdn Bhd in Tanjung Langsat, Johor, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
New Palm Biomass Market Mechanism May Be Considered – KPK
KUALA LUMPUR, Aug 26 (Bernama) -- The need for a new market mechanism to support palm biomass processing as a commercial product may be considered in the future, according to the Ministry of Plantation and Commodities (KPK).
KPK Submitting Application For CPKO SST Exemption To MOF
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
13MP: High-value Manufacturing Vital To Maintain Malaysia's Position As Top Glove Exporter -- Margma
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.
Oriental Holdings Posts Net Loss Of RM59.67 Mln In 2Q
KUALA LUMPUR, Aug 21 (Bernama) -- Oriental Holdings Bhd recorded a net loss of RM59.67 million in the second quarter ended June 30, 2025 (2Q 2025) from a net profit of RM38.19 million in 2Q 2024.
Export Value Of Rubber Gloves Hits RM6 Bln In First Five Months Of 2025 -- Johari
KUALA LUMPUR, Aug 21 (Bernama) -- The export value of Malaysia’s rubber glove sector hit RM6 billion for the period January 2025 to May 2025, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari
KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).
Impact Of US Market Restrictions On Malaysian Palm Oil Expected To Be Minimal
KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.
Malaysia Can Boost Exports To Russia, EU, Iran Via Direct Overland Rail Link With Kazakhstan - Envoy
KUALA LUMPUR, Aug 19 (Bernama) – The railway authorities of Kazakhstan and Malaysia are looking to develop a direct trade logistics rail link to enable increased trade between both countries.