Govt Has Repaid RM42 Bln Of 1MDB Debts -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- 1Malaysia Development Bhd's (1MDB) debts have not been fully settled, with total financial obligations exceeding RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

IATA: Asia Pacific Demand Remains Robust, Malaysia Set For Sustained Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).

Ringgit Strength Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia opened higher today despite the weaker performance on Wall Street, supported by the stronger ringgit which continued to lift investor sentiment.

Ringgit Opens Firmer Against US Dollar, Major Currencies

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.

Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet

KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books. 

Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

Malaysia Has Clarified To China On ART - Tengku Zafrul

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia has sent a delegation to China to provide information and clarification regarding the Agreement on Reciprocal Trade (ART) between Malaysia and the United States, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz today.

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

PM Anwar To Announce Tengku Zafrul’s New Position On Dec 3

KUALA LUMPUR, Dec 1 (Bernama) -- Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who will end his duties as Minister of Investment, Trade and Industry effective tomorrow, will be appointed to a new position.

Malaysia Not Obligated Under ART To Fulfil US$240 Bln In Commercial Commitments Or Invest US$70 Bln In US -- MITI

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia is not obligated to carry out US$240 billion in commercial purchases or US$70 billion in investments in the United States under the Agreement on Reciprocal Trade (ART), said the Ministry of Investment, Trade and Industry (MITI).