1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.
1y ago
NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Bumi Armada Bhd has signed a non-binding memorandum of understanding (MoU) with MISC Bhd to explore the possibility of merging with the latter’s offshore business through an all-share transaction.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet-producing country, particularly for supporting the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Futuprop Sdn Bhd, has entered into a joint venture (JV) cum shareholders’ agreement (JVSHA) with Aspen Vision Development Sdn Bhd to undertake a mixed development on a 33.52-hectare land in Penang, via Rivanis Ventures Sdn Bhd.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has announced that, following its participation in a request for proposal process initiated by Boustead Properties Bhd (BProp), it has inked several agreements to develop 10 parcels of freehold land in Selangor.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Mah Sing Group Bhd’s wholly-owned unit Major Land Development Sdn Bhd has entered into a sale and purchase agreement with Pink Forest Sdn Bhd for a proposed acquisition of 2.12 hectares of freehold land along Old Klang Road for RM112.97 million.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Europe’s leading mobility company, Bolt has launched its ride-hailing service in Klang Valley, aiming to support Malaysia’s growing demand for shared mobility, projected to serve 11.47 million users by 2029.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Small and medium enterprises (SMEs) can navigate the evolving tax landscape, optimise their financial performance, and secure a competitive edge in the market by leveraging the measures in Budget 2025 strategically, an academician said.