Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Procurement, Consumer Credit And Anti-Dumping Bills Passed Reflecting The MADANI Reform Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.

Bursa Malaysia Opens Higher, Tracks Wall Street Gains

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.

CPO Futures End Higher Despite Weakness In Global Edible Oil Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, ignoring the sell-off in Chicago Board of Trade (CBOT) soybean oil futures overnight and Chinese vegetable oil futures’ sideway moves, said an analyst.

FBM KLCI Closes At Intraday High After Sluggish Session, CI Up 0.40 Pct

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended in positive territory, with the index closing at its intraday high after a sluggish session, buoyed by late buying interest and strong corporate earnings announcements, said Rakuten Trade Sdn Bhd.

Bursa Malaysia Edges Higher At Midday On Bargain Hunting

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia remained in positive territory at midday, lifted by bargain hunting in consumer products, financial and utilities heavyweights following yesterday’s sell-off, a dealer said.

New Palm Biomass Market Mechanism May Be Considered – KPK

KUALA LUMPUR, Aug 26 (Bernama) -- The need for a new market mechanism to support palm biomass processing as a commercial product may be considered in the future, according to the Ministry of Plantation and Commodities (KPK).

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in financial, transportation and utilities heavyweights, a dealer said.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Bursa Malaysia Remains Positive At Midday, Boosted By Bargain-hunting

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by continuous bargain-hunting activities, led by the banking, utilities and healthcare counters.

Local Institutions Extend Buying Streak For Fourth Week - MBSB Investment

KUALA LUMPUR, Aug 25 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia for the fourth consecutive week last week, registering purchases of RM391.8 million, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Extends Gains, FBM KLCI Up 9.78 Pts

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia opened higher on Monday, extending last week’s gains as investors tracked Wall Street’s upbeat close on Friday.