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Ace Market-Bound iCents Group Eyes Regional Growth After Listing

KUALA LUMPUR, June 25 (Bernama) -- Cleanroom and facility services provider iCents Group Holdings Bhd (iCents Group) plans to expand its operations to Singapore and establish new offices in Kuching and Indonesia following its listing on the ACE Market of Bursa Malaysia on July 17, 2025.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

MHIT Policy/Certificate Reinstatement Deadline Extended To Aug 31, 2025 

KUALA LUMPUR, June 24 (Bernama) -- All insurers and takaful operators have agreed to extend the deadline for the reinstatement of medical and health insurance/ takaful (MHIT) policies and certificates without imposing a waiting period to Aug 31, 2025 from June 30, 2025.

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

Refined Sugar Or White Sugar Remains Tax-Free Under SST Revision - MOF

KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).

Empowering Financial Instruments For National Development - Academician

KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.

BNM To Roll Out Fully Qri Programme On July 1 To Boost Forex Market

KUALA LUMPUR, June 12 (Bernama) -- Bank Negara Malaysia (BNM) will roll out the Qualified Resident Investor (QRI) programme for eligible corporates fully, effective July 1, 2025, to encourage two-way flows in the onshore foreign exchange market.

Petronas Unveils Support Programme For Staff Affected By Workforce Reduction

KUALA LUMPUR, June 10 (Bernama) --  Petroliam Nasional Bhd (Petronas) has introduced a comprehensive transition programme to support employees affected by a planned workforce reduction as the company undertakes a major strategic transformation to future-proof its operations and remain competitive in a changing global energy landscape.

iCents Signs Underwritting Agreement With Alliance Islamic Bank For IPO

KUALA LUMPUR, June 6 (Bernama) -- Cleanroom and other facility services provider, iCents Group Holdings Bhd has inked an underwriting agreement with Alliance Islamic Bank Bhd (AIS) in conjunction with its upcoming initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia by July 2025.

MRB Activates May Rubber Incentives For Sabah And Sarawak

KUALA LUMPUR, June 3 (Bernama) -- The Rubber Production Incentive (IPG) for smallholders has been activated in Sabah and Sarawak for May 2025, according to the Malaysian Rubber Board (MRB).

IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans

KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.