KUALA LUMPUR, Sept 2 (Bernama) -- The government is finalising a new tax incentive framework to attract more high-value investments, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Sept 2 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Macau Insurance Company Limited (MIC).
WASHINGTON, Aug 30 (Bernama-dpa) -- A United States (US) appeals court on Friday ruled that US President Donald Trump lacked the authority to impose sweeping tariffs on imports under a national emergency law, reported German Press Agency (dpa).
KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.
KUALA LUMPUR, Aug 28 (Bernama) -- KPJ Healthcare Bhd’s net profit increased to RM82.06 million in the second quarter ended June 30, 2025 (2QFY2025), from RM75.88 million in 2QFY2024, in tandem with higher revenue recorded in the quarter.
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, ignoring the sell-off in Chicago Board of Trade (CBOT) soybean oil futures overnight and Chinese vegetable oil futures’ sideway moves, said an analyst.
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.
