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KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.
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By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
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KUALA LUMPUR, Feb 5 (Bernama) -- Ingredion Incorporated, a global provider of ingredient solutions, reported a net sales of US$1.8 billion for the fourth quarter (Q4) ended Dec 31, 2024 (FY2024) from US$1.921 billion, down six per cent for the same period previous year. (US$1=RM4.42)
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KUALA LUMPUR, Feb 5 (Bernama) -- Khazanah Nasional Bhd will continue to diversify and strengthen its global portfolio in 2025 amid a not-so-easy and volatile global environment, managing director Datuk Amirul Feisal Wan Zahir said.
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KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia’s proactive approach in establishing ties with all countries, in line with the government’s neutral and independent stance, will help to create investment opportunities while boosting exports.
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KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened slightly lower against the US dollar due to the rise in the US Dollar Index (DXY) after President Donald Trump issued an executive order to raise import tariffs, said an analyst.
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KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
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KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).
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KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened slightly higher against the US dollar and other major currencies ahead of the two-day US Federal Open Market Committee (FOMC) meeting, which starts today, and a holiday-shortened week, an analyst said.
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KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
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KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.
11m ago
By Karina Imran and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.