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Govt Has No Plans To Lower Corporate Income Tax -- MoF

KUALA LUMPUR, March 4 (Bernama) -- The government does not intend to lower the corporate income tax rate to attract more foreign investment to Malaysia, said the Ministry of Finance (MoF).

Malaysian Capital Market’s 50 Pct Adv Rise In 2024 Shows Investor Confidence -- Amir Hamzah

KUALA LUMPUR, March 4 (Bernama) — The Malaysian capital market’s average daily value (ADV) growth rose by more than 50 per cent to RM3.15 billion in 2024 from RM2.06 billion in 2023 underscores investor confidence and interest, according to Second Finance Minister Senator Datuk Seri Amir Hamzah Azizan.

Govt To Focus On Promoting Malaysia As A Safe Investment Destination - MITI

KUALA LUMPUR, March 3 (Bernama) -- The government will place greater emphasis on promoting Malaysia as a safe investment destination, based on political and economic stability, pro-business policies, and its strategic location in Southeast Asia, said the Ministry of Investment, Trade, and Industry (MITI).

Malaysia-ASEAN Relationship With China Should Be Based On Mutual Respect, Trust - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia and ASEAN's relationship with China should continue to be built on mutual respect and trust, particularly when it comes to driving high-value industries, fostering innovation, and promoting sustainable development, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

MECD Allocated RM2.57 Bln To Over 270,000 Women Entrepreneurs As Of November 2024

KUALA LUMPUR, Dec 19 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) has allocated a total of RM2.57 billion to 272,242 women entrepreneurs under Amanah Ikhtiar Malaysia (AIM) as of November 2024.

Financial Institutions Block RM302 Mln In Fraudulent, Suspicious Transactions Since Sept 2024 - Lim

KUALA LUMPUR, Dec 19 (Bernama) -- Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying. 

MOF: Low Instances Of Using Cryptocurrency In Money Laundering

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.

BNM Refining RBI Proposal For LCSF, To Enhance Use Of Rupee And Ringgit In Trade

KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).

E&E Segment Records Realised Investments Of RM4.8 Bln As Of June 2024

KUALA LUMPUR, Dec 5 (Bernama) -- The electrical and electronics (E&E) segment has recorded the highest realised investment performance of RM4.8 billion during the period from January to June 2024, according to the Ministry of Investment, Trade and Industry (MITI).

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

Malaysia On The Right Track To Consistently Reduce Deficit Rate - Amir Hamzah

KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia is on the right track to consistently reduce its deficit rate, according to Finance Minister II  Datuk Seri Amir Hamzah Azizan.

Rubber Incentive Scheme Allocates Rm522.35 Mln, Benefiting 235,414 Smallholders As Of Oct 2024 – KPK

KUALA LUMPUR, Dec 4 (Bernama) -- The Ministry of Plantation and Commodities (KPK) announced that the Rubber Production Incentive (IPG) has allocated RM522.35 million to smallholders since the programme’s launch in 2015, up to October 2024.