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SC Charges Former Khee San Bhd CEO For Causing Wrongful Loss Of RM7.12 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- The Securities Commission Malaysia (SC) has charged Datuk Seri Liew Yew Chung, the former chief executive officer (CEO) and non-independent non-executive chairman of Khee San Bhd (KSB), for causing a wrongful loss of RM7.12 million to KSB’s subsidiary, Khee San Food Industries Sdn Bhd (KSFI).

Service Tax On Rentals For MSMEs Reduced To 6 Pct – PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

Paramount Acquires Land For RM579 Mln Housing Project

KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.

2025 Tax Trinity: US Tariffs, SST Expansion and E-invoicing

KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.

Audiencerate Gains Rare Dual Status As Google Data Provider, Upload Partner

KUALA LUMPUR, Dec 11 (Bernama) -- Audiencerate, a technology company specialising in data activation solutions and platforms, has been named a Customer Match Upload Partner by Google.

Fruit Importers Can Apply For SST Exemption To MOF -- MITI

KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.

Malaysia’s Banking Sector Resilient Amid Tariff Pressures, Expected To Hold Steady In 2026

KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.

Klook Files For US IPO, Seeks NYSE Listing

UALA LUMPUR, Nov 11 (Bernama) -- Klook Technology Limited (Klook), the largest pan-regional experiences platform in Asia-Pacific (APAC), has filed for an initial public offering (IPO) in the United States (US).

Petronas Unit Receives Malaysia’s First Offshore CCS Assessment Permit

KUALA LUMPUR, Nov 10 (Bernama) -- Petronas’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV) has been granted an offshore assessment permit for Carbon Capture and Storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency.

Northern Trust Expands Fund Services For Avanda Investment Management

KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP).

Thailand-Cambodia Peace Accord Reminder Peace Must Never Be Taken For Granted, Similarly With Gaza, Ukraine - PM Anwar

GYEONGJU (South Korea), Oct 31 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the Kuala Lumpur Peace Accord between Thailand and Cambodia is a poignant reminder that peace must never be taken for granted, while reminding the APEC economies on what is still happening in Gaza and Ukraine.

Ascend Airways Malaysia Ready To Ascent After Obtaining Certificate, Permit - CEO

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 31 (Bernama) -- Ascend Airways Malaysia has received its air operator certificate (AOC) and air service permit (ASP) from the Civil Aviation Authority of Malaysia (CAAM) on Thursday, marking a crucial step forward to commencing commercial operations in Malaysia.