Iran Postpones Full Airspace Reopening Till Saturday

TEHRAN, June 27 (Bernama-Xinhua) -- Iran has postponed the full reopening of its airspace until Saturday afternoon, according to Xinhua, citing a report by the official news agency IRNA.

Escalating Tension In Middle East Raises Cost Concerns Among Travellers, Insurers

By Karina Imran

KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.

GST Not Suitable For Implementation Yet Because Rakyat's Income Still Low - PM Anwar

PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.

LHDN Receives 328 Million e-Invoices From Nearly 35,000 Taxpayers Since Aug 2024

GEORGE TOWN, June 12  (Bernama) -- The Inland Revenue Board (LHDN) has received 328 million e-invoices from taxpayers until yesterday since the system was launched in August 2024.

e-invoice System Postponed After Considering Business Owners' Concerns - Lim

GEORGE TOWN, June 8 (Bernama) – The government has postponed the implementation of the e-invoice system after weighing the concerns of business owners, particularly the micro, small, and medium enterprises (MSMEs), said Deputy Finance Minister Lim Hui Ying.

Ringgit Rebounds Against US Dollar On Improved Risk Appetite

By Zufazlin Baharuddin

KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.

Gold Futures End Lower, Dragged Down By Trump's Tariff Delay

KUALA LUMPUR, May 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by United States President Donald Trump’s postponement of tariff imposition on the European Union (EU).

Ringgit Closes Higher Against Greenback Amid Sudden US Trade Policy Shifts, Fiscal Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued its upward momentum to close higher against the United States (US) dollar today as sudden shifts in US trade policies and growing concerns over the US fiscal policy pushed the US dollar index (DXY) lower.

Rubber Market Slides, Mirroring Regional Weakness

By Siti Noor Afera Abu

KUALA LUMPUR, May 26 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking the downward movement in the regional rubber futures markets.

RON95 Subsidy Rationalisation To Be Implemented In Second Half Of 2025 -- Amir Hamzah 

KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

RTD Retiree Gets Life-Changing Windfall As 111th BSN SSP Millionaire

SEREMBAN, May 20 (Bernama) -- A retired civil servant was left stunned after winning RM1 million through Bank Simpanan Nasional’s Premium Savings Certificate (BSN SSP) Jutawan programme, a life-changing windfall she never saw coming.

Two Or Fewer Fed Fund Rate Cuts In 2025, Ringgit To Stay 4.4-4.5 To US Dollar By December

KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.