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CPO Futures Close Higher On Forest Fire, Weaker Output Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today due to forest fires in North Sumatra, a dealer said.

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Alliance Bank Cautiously Optimistic On FY2026 Performance - Group CEO

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is cautiously optimistic of its financial performance ending March 31, 2026 (FY2026) amid economic headwinds, said group chief executive officer Kellee Kam.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

Value Store Operator Eco-Shop Posts Higher Earnings, Revenue In FY2025

KUALA LUMPUR, July 28 (Bernama) -- Eco-Shop Marketing Bhd recorded a net profit of RM204.32 million for its financial year ended May 31, 2025 (FY2025), from RM177.28 million a year earlier.

MPOB Expects Palm Oil Exports To Recover In Second Half Of 2025

By Shakir Husain

NEW DELHI, July 28 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects palm oil exports to recover in the second half of this year due to stronger festival season demand in key markets.

Bursa Malaysia Ends Morning Session Marginally Higher

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia ended the morning trading session marginally higher, rising by 0.29 per cent, driven by buying interest in selected heavyweight stocks, particularly in the financial services and industrial products and services sectors.

TNB Shares Slip At Mid-morning After RM840.1 Mln IRB Tax Notice

KUALA LUMPUR, July 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares slip at mid-morning trading after receiving a notice seeking an additional RM840.1 million in assessment for 2022 from the Inland Revenue Board (IRB).

TNB Evaluating Legal Options After Receiving RM840 Mln Tax Notice

KUALA LUMPUR, July 25 (Bernama) -- Tenaga Nasional Bhd (TNB) has received a Notice of Additional Assessment for the Year of Assessment (YA) 2022 amounting to RM840.12 million, dated July 24, 2025, from the Inland Revenue Board.

Mongolian Mining Corp Posts Lower Q2 Coal Output, Eyes Q3 Gold Launch

KUALA LUMPUR, July 25 (Bernama) -- Mongolian Mining Corporation (MMC), the largest internationally listed private mining company operating in Mongolia, reported a 28 per cent year-on-year (YoY) drop in coal output for the second quarter (Q2) ended June 30, 2025, amid operational headwinds.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).