1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The Consumer Credit Act (CCA), to be tabled in the next parliamentary sitting, will address overlaps in responsibilities between regulatory authorities and reduce coverage gaps in the supervision of consumer credit providers, Bank Negara Malaysia (BNM) said.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- A total of 39 companies in the top 100 companies listed on Bursa Malaysia have yet to meet the target of having 30 per cent women participation in their boards.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is allocating RM200 million to the Strategic Collaborative Investment Fund (CoSIF) and the NIMP Industrial Development Fund (NIDF) next year.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has proposed that tax incentives for increased exports for the service sector be expanded to integrated circuit (IC) design services, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing to impose a 2.0 per cent dividend tax on taxable dividend income, after considering allowable exemptions and deductions, effective from the 2025 assessment year.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The MADANI government's Budget 2025 has put forth a clear call to action for board directors, namely to proactively step up, lead with purpose, exercise risk leadership, embrace diversity and innovation and prioritise people and talent to champion the national agenda.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will increase inclusivity, the equitable distribution of wealth and address social issues while ensuring the welfare of the population through prudent fiscal management and targeted subsidies.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.