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Finance Bill 2024 To Amend Six Acts Tabled For First Reading

KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.

Selangor Projects RM2.35 Bln Revenue For 2025 - Amirudin

KUALA LUMPUR, Nov 15 (Bernama) -- Selangor's state revenue for 2025 is projected at RM2.35 billion, an increase of RM150 million from the 2024 estimate of RM2.2 billion, according to Selangor Menteri Besar Datuk Seri Amirudin Shari.  

Digital Transformation Fuels Growth, Resilience For Malaysian SMEs

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian small and medium enterprises (SMEs) are using digital solutions to navigate market disruptions and expand their reach, according to market observers.

MPOGCF Spends RM31.86 Mln Cess Allocation As At October 2024 - KPK

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian Palm Oil Green Conservation Foundation (MPOGCF) has spent 78 per cent of the cess allocation, amounting to RM31.86 million, for tree planting and habitat restoration.

SST Enhancements Expected To Help Generate RM51.7 Bln Revenue In 2025 -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The enhancements to the Sales and Service Tax (SST), effective from May 1, 2025, are expected to help generate revenue of RM51.7 billion in 2025, according to Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

FGV Sees EUDR Delay As Opportunity To Boost Sustainability Efforts With Smallholders

By Nur Athirah Mohd Shaharuddin

SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd sees the delay in the European Union Deforestation Regulation (EUDR) enforcement as an opportunity for the company to work on the necessary things with smallholders.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

China’s KKV Introduces 100 Lifestyles To Malaysia

KUALA LUMPUR, Nov 5 (Bernama) -- The comprehensive lifestyle trend retail brand under KK Group, KKV, makes significant strides in the Malaysian market this year, driven by its strong consumer reputation and impressive market performance.

Veea Teams Up With O.N.E Amazon, AECOM To Deploy The Internet Of Forests In Colombia

KUALA LUMPUR, Oct 29 (Bernama) -- Veea, in partnership with the Colombian government, collaborated with O.N.E. Amazon, and AECOM to deploy a technologically advanced, multidimensional solution composed of hybrid edge-cloud computing and communications products in the government-owned protected conservation area.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Budget 2025's Significant Agricultural Funding Set To Propel Sabah’s Rice Industry - Academician

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Sabah’s rice industry is expected to greatly benefit from various agricultural initiatives announced in Budget 2025, said University Malaysia Sabah (UMS) Assoc Prof Dr Bonaventure Boniface.