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SAMENTA: SST Exemption Highlights Government Support For SMEs

KUALA LUMPUR, Jan 5 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the exemptions of Sales and Service Tax (SST) on office rentals for new companies and small and medium enterprises (SMEs) with revenue below RM1.5 million as a demonstration of government support for SMEs.

CPO Futures End Higher On Stronger Soybean Oil, Export Demand

By Durratul Ain Ahmad Fuad and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on stronger soybean oil prices on the Chicago Board of Trade (CBOT), said a trader. 

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).

e-Invoicing Deferment Provides Much-Needed 'headroom' For SMEs -- FMM

KUALA LUMPUR, Jan 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) views the deferment of e-invoicing as a pragmatic step that acknowledges the readiness gap among micro and small enterprises, particularly in terms of digital capability, systems integration, and compliance costs.

MSB Global Unit Enters JV With Thai Company To Expand Automotive Parts Business In Thailand

KUALA LUMPUR, Jan 5 (Bernama) -- MSB Global Group Bhd's wholly owned subsidiary MSB Machinery Corporation (Malaysia) Sdn Bhd has entered into a joint venture (JV) agreement with Thai Sin Anant Rubber Factory (2516) Co Ltd (TSAR) to establish a JV company in Thailand as a step for the group's regional expansion.

Strategic Direction, Reforms Strengthen Confidence In National Policies - Amir Hamzah

KUALA LUMPUR, Jan 5 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim's announcement on strategic direction and institutional reforms further strengthens the confidence of industry players, the public, and investors in national policies, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures Close Higher, Tracking Gains In US COMEX

KUALA LUMPUR, Jan 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, tracking stronger gains on the US COMEX.

ECRL To Strengthen Malaysia's Position As Southeast Asia’s Regional Network Hub — PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- The East Coast Rail Link (ECRL) project is a strategic national initiative that is expected to strengthen Malaysia’s position as a regional connectivity and logistics hub in Southeast Asia, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Ends Lower Amid Geopolitical Uncertainty After Venezuela Attack

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 5 (Bernama) -- The ringgit ended lower against the greenback on Monday, as markets shifted toward safe-haven currencies amid rising geopolitical uncertainty after the US attack on Venezuela over the weekend, an analyst said.

Bursa Malaysia Up 0.63 Pct On Technology Rally Amid Geopolitical Risks

By Harizah Hanim Mohamed

KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia’s key index rose 0.63 per cent, sustaining a positive tone in line with major Asian markets, as a rally in technology stocks lifted sentiment, while heightened geopolitical risks reinforced investor preference for stable earnings and dependable cash flows in the Malaysian equity market.

Rubber Market Ends Higher, Tracking Regional Futures

By Durratul Ain Ahmad Fuad and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday in tandem with the uptrend in the regional rubber futures markets and a weaker ringgit against the US dollar, a dealer said. 

Excess Tax Payment Refunds For 2023, 2024 Will Be Completed This Year -- PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.