4m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.
4m ago
KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia ended the morning session mixed as mild profit-taking in selected consumer products and services counters reversed some of the earlier gains, an analyst said.
4m ago
KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
4m ago
By Nur Ashikin Abdul Aziz
SINGAPORE, July 3 (Bernama) -- ASEAN should shift its focus towards developing its own companies and technologies, moving away from an economic model driven by foreign direct investment (FDI) or export-led industrialisation, amid global uncertainty.
4m ago
KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.
4m ago
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.
4m ago
By Samantha Tan Chiew Tieng
PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.
4m ago
KUALA LUMPUR, July 1 (Bernama) -- SynVista Energy Holdings Pte Ltd (SynVista Energy), a Singapore-headquartered global leader in artificial intelligence (AI)-powered energy storage systems, is investing US$50 million (RM210 million) to establish its first energy storage manufacturing facility in Selangor.
4m ago
KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.
4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.
4m ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.