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After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

World Goods Trade Rebounds In Early 2025 In Anticipation Of US Tariffs - WTO

MOSCOW, June 27 (Bernama-Sputnik/RIA Novosti) -- World goods trade increased sharply in early 2025 in anticipation of US tariffs, but weakening export orders suggest the momentum may not be sustained, the World Trade Organisation (WTO) Goods Trade Barometer showed, reported Sputnik/RIA Novosti.

CPO Futures Ends Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended the short week higher following lower-than-expected palm oil production pace and robust June export performance, said a commodity analyst.

Rubber Market Ends Mixed

By K. Naveen Prabu

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian rubber market ended mixed today amid an uptrend in the regional rubber futures markets, a dealer said.

Gold Futures End Higher On Buying Support

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 26 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday as it settled into a holding pattern following the easing of Middle East tensions but remains well supported on dips, said SPI Asset Management managing partner Stephen Innes.

Gamuda Posts Higher 3Q Net Profit, Declares 10 Sen Dividend

KUALA LUMPUR, June 26 (Bernama) -- Gamuda Bhd recorded a higher net profit of RM671 million for the third quarter ended April 30, 2025 (3Q), up five per cent year-on-year, driven by stronger performance in its domestic construction projects.

Malaysia Pavilion At Expo 2025 Osaka Draws Over 1.5 Mln Visitors In Three Months -- MITI

KUALA LUMPUR, June 26 (Bernama) -- The Malaysia Pavilion at Expo 2025 Osaka has drawn over 1.5 million visitors in less than three months since the event opened in April, exceeding its target ahead of expectations. 

Malaysia's PPI Declines By 3.6 Pct In May 2025 -- DOSM

KUALA LUMPUR, June 26 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 3.6 per cent in May 2025, following a 3.4 per cent decrease in April, according to the Department of Statistics Malaysia (DOSM).

Govt Considers Introducing Basic Insurance Scheme - Amir Hamzah

KUALA LUMPUR, June 26 (Bernama) — The government is considering introducing a basic insurance scheme to help reduce the impact of rising medical costs, which has become a growing concern among the public, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MIDF Amanah: Strait Of Hormuz Closure Poses Limited Risk To Malaysia

KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Middle East Geopolitical Tensions And Their Short-term Impact On Malaysia - Amir Hamzah 

KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.