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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.

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

Malaysia-Brazil Partnership Instrumental For Yinson’s Success

RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.

Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim

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.

Malaysia, Peru Commit To Multilateralism To Address Global, Regional Challenges

LIMA (Peru), Nov 14 (Bernama) -- Malaysia and Peru have reiterated their strong commitment to multilateralism, with the United Nations at its core, and shared similar views on the importance of strengthening multilateral institutions to address global and regional challenges.

The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter

KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.

MMHE Returns To Black With RM15.27 Mln Net Profit In 3Q 2024

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.

Wiki Impact: Bursa's Top 20 Companies Donated RM381.81 Mln In 2023

KUALA LUMPUR, Nov 13 (Bernama) -- The top 20 Bursa Malaysia companies donated RM381.81 million in cash in 2023, according to Wiki Impact’s “Bursa Top 20: Who’s The Most Charitable?” report.

Kuskop Launches New Initiatives For Indian Entrepreneurs

KUALA LUMPUR, 12 Nov (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has launched new initiatives for Indian entrepreneurs, involving additional financing funds totalling RM136 million.

Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang

KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

MSOSH Awards 2024 Introduces Two New Award Categories

PETALING JAYA, Nov 11 (Bernama) -- The 42nd Malaysian Society for Occupational Safety and Health (MSOSH) Awards will introduce two new categories - the MSOSH-CUEPACS OSH Award and the MSOSH Public Institution OSH Award - to honour excellent achievements in Occupational Safety and Health (OSH) in the public sector.