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Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

IOIPG's Acquisition Of Scottsdale Properties A Strategic, Value-accretive Move - HLIB

KUALA LUMPUR, June 5 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) proposed acquisition of Scottsdale Properties Pte Ltd is viewed as a strategic and value-accretive move, Hong Leong Investment Bank (HLIB) said. 

Guangxi Drives AI-Powered Trade, Innovation With ASEAN

KUALA LUMPUR, June 4 (Bernama) -- In a vivid display of how artificial intelligence (AI) is reshaping regional trade, Vietnamese truckers equipped with AI-powered tools recently navigated through the Friendship Pass in Guangxi Zhuang Autonomous Region, China’s busiest land port with Association of Southeast Asian Nations (ASEAN), streamlining their cross-border journey with real-time navigation and safety features.

Govt Will Ensure Telcos Provide Good Services - Fahmi

KUALA LUMPUR, May 26 (Bernama) -- The government will ensure that telecommunication companies (telcos) deliver their promises of faster and cheaper services, guided by the Mandatory Standard on Access Pricing (MSAP), said Communications Minister Datuk Fahmi Fadzil.

AirAsia Formalises RM99.5 Mln Charter Service Contract With Malaysian Armed Forces

LANGKAWI, May 22 (Bernama) -- AirAsia has formalised a charter service contract with the Malaysian Armed Forces (MAF) worth RM99.5 million, including special aircraft leasing until Aug 1, 2027, which encompasses daily charters and special charter arrangements covering domestic routes throughout Malaysia.

Japan's Marubeni Corp Backs Local MRO's Ambition, Sees Big Aviation Opprtunities In Malaysia

SHAH ALAM, May 8 (Bernama) -- Japan’s Marubeni Corporation sees Malaysia’s location at the centre of Southeast Asia as ideal for developing the region’s aviation industry.

Ar-Rahnu Express Opens Kota Bharu Branch

KOTA BHARU, May 7 (Bernama) -- Ar-Rahnu Express, a shariah-compliant pawnshop brand under homegrown jeweller Habib Group, has launched its newest 10th branch at Mydin Tunjong here today. 

CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln

KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million. 

Labuan IBFC Records Robust Growth Across Key Sectors In 2024

KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.

U Mobile Appoints CT Sabah As 5G Circuit Leasing Partner

KUALA LUMPUR, April 24 (Bernama) -- U Mobile Sdn Bhd has signed a term sheet agreement to appoint Celcom Timur Sabah (CT Sabah) to deploy 5G leased circuits in Sabah and the Federal Territory of Labuan.

MAG Sees Opportunity In China’s Boeing Delivery Halt

By Karina Imran

KUALA LUMPUR, April 20 (Bernama) -- Malaysia Aviation Group (MAG) is exploring the possibility of accelerating its Boeing aircraft acquisition timeline, following delivery slots potentially vacated by Chinese carriers due to the ongoing United States (US)-China trade war.