18d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.
18d ago
KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.
18d ago
KUALA LUMPUR, Oct 14 (Bernama) -- United Overseas Bank (Malaysia) Bhd today launched its Sustainable Vendor Financing Programme (SVFP) to support Malaysia's oil and gas services and equipment (OGSE) sector in its decarbonisation and energy transition efforts, offering financing of up to RM1 billion.
19d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The federal government suffered a loss of RM112.53 million on the disposal of Astronautic Technology (M) Sdn Bhd shares, where the nominal value of shares worth RM112.58 million was sold for RM50,000.
19d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Foreign investors continued selling domestic equities for a third consecutive week, though at a more moderate pace of RM45.7 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
19d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.
19d ago
KUALA LUMPUR, Oct 14 (Bernama) -- A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General.
19d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.
19d ago
By Nurunnasihah Ahmad Rashid
DUBAI, Oct 13 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) emphasises the importance of exposing local digital technology companies to international best practices to help them expand beyond the Malaysian market, attract foreign investment, and nurture talent.
19d ago
KUALA LUMPUR, Oct 13 (Bernama) — Malaysia’s impressive economic growth is not solely driven by foreign direct investment (FDI) but also by domestic investments, said Prime Minister Datuk Seri Anwar Ibrahim.
19d ago
KUALA LUMPUR, Oct 13 (Bernama) — The government will only implement the Goods and Services Tax (GST) if the income threshold is at RM3,000-RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.
20d ago
PUTRAJAYA, Oct 13 (Bernama) -- Budget 2025 will take into account the views and recommendations of various parties, industries, and citizens across all walks of life which had been put forth during the various engagement sessions held nationwide.