Bank Muamalat Advances Islamic Finance To Drive Socioeconomic Growth In Sabah

TAWAU, July 5 (Bernama) -- Bank Muamalat Malaysia Berhad is advancing Islamic finance to drive socioeconomic development through various social finance initiatives, said its president and chief executive officer, Khairul Kamarudin.

Origin Investment Corp I Closes US$60 Mln In IPO On Nasdaq

KUALA LUMPUR, July 4 (Bernama) -- Origin Investment Corp I, a newly formed special purpose acquisition company, has successfully closed its initial public offering (IPO) of six million units at US$10 per unit, raising US$60 million. (US$1=RM4.21)

MYStartup Accelerator Channels RM5.5 Mln Into Local Startups

KUALA LUMPUR, July 4 (Bernama) -- Cradle Fund Sdn Bhd’s MYStartup Accelerator has facilitated nearly RM5.5 million in investments over five cohorts, underscoring its role in strengthening Malaysia’s startup ecosystem and advancing the country’s position as a regional innovation hub.

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.

Malaysian SMEs Need To Adopt AI For ESG Compliance And Thrive In Future Economy -- Gobind

KUALA LUMPUR, June 30 (Bernama) -- Malaysian small and medium enterprises (SMEs) need to embrace digital technology, especially artificial intelligence (AI), to meet the environmental, social and governance (ESG) expectations and thrive in the future economy, said Digital Minister Gobind Singh Deo.

Apples, Oranges To Be Exempted From SST - PM Anwar

PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Sarawak’s Self-reliant Infrastructure Surge Sets It Apart From Federally Dependent Sabah

LABUAN, June 25 (Bernama) -- Despite sharing similar geographies and economic aspirations, Sarawak and Sabah have taken markedly different paths in infrastructure development. 

Financial Park Labuan Owners Receive Strata Titles After 28-year Wait

By Jailani Hasan

LABUAN, June 25 (Bernama) -- After nearly three decades of ownership, 31 shop unit owners and nine Alpha apartment unit owners at the Financial Park Complex finally received their long-awaited strata titles today.

MDEC Plays Leading Role In Johor's Aspiration To Become Asia's Digital Hub

ISKANDAR PUTERI, June 18 -- The Malaysia Digital Economy Corporation (MDEC) plays a leading role in realising Johor’s aspiration to become Asia’s digital hub through various strategic initiatives and inter-agency collaborations.

Anwar Praises EPF's Efforts In Enhancing Retirement Adequacy

KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has commended the Employees Provident Fund's (EPF) efforts in exploring new approaches to enhance Malaysian retirement adequacy. 

BSN Micro MADANI Carnival An Initiative To Boost Malaysian Micro Entrepreneurs

KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.