6m ago
KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.
6m ago
MOSCOW, June 27 (Bernama-Sputnik/RIA Novosti) -- World goods trade increased sharply in early 2025 in anticipation of US tariffs, but weakening export orders suggest the momentum may not be sustained, the World Trade Organisation (WTO) Goods Trade Barometer showed, reported Sputnik/RIA Novosti.
6m ago
KUALA LUMPUR, June 26 (Bernama) -- Gamuda Bhd recorded a higher net profit of RM671 million for the third quarter ended April 30, 2025 (3Q), up five per cent year-on-year, driven by stronger performance in its domestic construction projects.
6m ago
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.
6m ago
PUTRAJAYA, June 24 (Bernama) -- The format and sample of a dividend voucher is now available on the official Inland Revenue Board (IRB) portal at www.hasil.gov.my.
6m ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
6m ago
From Kisho Kumari Sucedaram
BEIJING, June 23 (Bernama) – Rather than being fixated on its trade dispute with the United States (US), China is refocusing its efforts towards bolstering ties with non-confrontational partners, including developing nations, to boost trade and investments.
6m ago
By Zarul Effendi Razali
KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight.
7m ago
KUALA LUMPUR, June 20 (Bernama) -- OMS Energy Technologies Inc (OMS), a manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG), has issued a business update ahead of its inaugural earnings call following its successful Nasdaq listing in May 2025.
7m ago
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
7m ago
KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
7m ago
KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).