| LATEST NEWS | AXIS REIT targets total acquisition value of RM300 million this year - CEO | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | |
KUALA LUMPUR, Dec 4 (Bernama) -- The list of services subject to the expanded scope of the Sales and Service Tax (SST) will be announced in early 2025 before being implemented beginning May 1, 2025, according to Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
LABUAN, Nov 24 (Bernama) -- Entrepreneurs participating in the inaugural Labuan Connect! programme on Saturday expressed their enthusiasm, describing it as a valuable platform for increasing income and building stronger connections with the Malaysian National News Agency (Bernama).
LABUAN, Nov 24 (Bernama) -- The inaugural Labuan Connect! event brought the spotlight to local entrepreneurs under the National Information Dissemination Centre (NADI), offering them a platform to showcase their products to a broader audience.
LABUAN, Nov 23 (Bernama) -- The entrepreneurial spirit in Labuan is flourishing as local food businesses continue to dominate, thanks to support from the National Information Dissemination Centre (NADI).
KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).
LABUAN, Nov 16 (Bernama) -- The federal government has allocated RM50 million for Labuan's operating expenditure under Budget 2025, maintaining the same amount as Budget 2024, with RM32.917 million earmarked for seven development projects in this island for the upcoming year.
LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
KUALA LUMPUR, Nov 11 (Bernama) -- The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter of 2024 (3Q 2024) compared to a 20.2 per cent increase, amounting to RM38.9 billion in the 2Q 2024.
By Jailani Hasan
LABUAN, Nov 9 (Bernama) -- The Ministry of Transport is committed to advancing Labuan’s port facilities to make it a highly competitive port, bolstering its role as the island’s economic gateway.
By Jailani Hasan
LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.
