1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.
1y ago
From Danni Haizal Danial Donald
BANDAR SERI BEGAWAN, Nov 1 (Bernama) -- Terengganu state-linked company Eastern Pacific Industrial Corporation Bhd (EPIC) has signed a letter of intent (LOI) with Brunei-based Qaswa Holdings Sdn Bhd (Qaswa) for a partnership in the Brunei Maritime Cluster, involving its integrated marine maintenance and decommissioning facility in particular.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- The mechanism for the proposed RON95 targeted petrol subsidy, set for implementation in the middle of next year, is still being refined by the Ministry of Finance (MOF).
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd (FashionValet), the Ministry of Finance (MoF) said on Monday.
1y ago
PUTRAJAYA, Oct 25 (Bernama) — The Ministry of Finance Malaysia (MOF), in collaboration with the Inland Revenue Board of Malaysia (IRB), is expanding the implementation of the Tax Compliance Certificate (TCC) for the procurement of physical works and consulting services as a pilot project from Oct 1, 2024, to March 31, 2025.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Airlines Bhd (MAB) has expressed its commitment to focusing on improving training and recruitment to address the increasing demand and complexity of modern aircraft.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The tabling of Budget 2025 by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in Parliament yesterday reflected the government’s sustained commitment to fiscal responsibility and equitable growth while bolstering Malaysia’s resilience against global uncertainties, said Khazanah Nasional Bhd.