Wasco Bhd's FY2025 Net Profit Rises To RM160.5 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Wasco Bhd's net profit rose to RM160.54 million for the financial year ended Dec 31, 2025 (FY2025), from RM153.04 million in the preceding year.

Henley & Partners: Europe Loses Ground In 2026 Migration Rankings

KUALA LUMPUR, Feb 25 (Bernama) -- Henley & Partners has released its 2026 Residence and Citizenship Programs rankings, showing Europe’s long-standing dominance is being increasingly challenged by fast-rising programmes across the Middle East, Asia-Pacific, Latin America and the Caribbean.

IRB Issues Nearly 200,000 CP500 Notices For RM1.1 Bln In Taxes - MOF

 KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).

AG Report: 24 Subsidiaries of Five Federal Agencies Record Losses For Three Consecutive Years

KUALA LUMPUR, Feb 23 (Bernama) --  A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.

Various Measures To Improve Revenue Are Being Implemented -- MOF

KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).

Pos Malaysia Records Net Loss Of RM209.26 Mln In FY2025

KUALA LUMPUR, Feb 23 (Bernama) -- Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.

AG Report: PPHM Unable To Meet Its Financial Obligations

KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.

OMV Tax On local CKD Vehicles Will Not Burden B40, M40 -- Sim

KUALA LUMPUR, Feb 23 (Bernama) -- The full implementation of the open market value (OMV) tax structure for locally assembled Completely Knocked Down (CKD) vehicles will not burden the B40 and M40 income groups, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said today.

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year. 

January's TIV Rise Due To Higher Delivery Of Passenger, Commercial Vehicles -- CIMB Securities

KUALA LUMPUR, Feb 23 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) rose 28.7 per cent year-on-year (y-o-y) to 64,298 units in January 2026, driven by higher deliveries of passenger and commercial vehicle segments, CIMB Securities Sdn Bhd said.

US Tariff Ruling Lifts Market Sentiment, Positive For Malaysian Markets -- Economists

By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 21 (Bernama) -- The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook.

US Supreme Court Rules Trump's "Reciprocal" Tariffs Unconstitutional

WASHINGTON, Feb 20 (Bernama-Kyodo) -- The US Supreme Court ruled Friday that President Donald Trump's use of emergency powers to hit nearly all of America's trading partners with so-called reciprocal tariffs is unconstitutional, Kyodo News reported.