LATEST NEWS   Perlis Menteri Besar Mohd Shukri handed his resignation letter to the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, this afternoon | Mohd Shukri Ramli announced his resignation as Perlis Menteri Besar due to health factors | 

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Govt Reduces Dependence On Petroleum-related Revenue To 16.9 Pct From 28 Pct In 2022

KUALA LUMPUR, Nov 6 (Bernama) -- The government has succeeded in reducing its dependence on petroleum-related revenue to 16.9 per cent in 2025 compared to 28 per cent in 2022 through revenue measures implemented since 2023, according to the Ministry of Economy.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.

Government Yet To Finalise Carbon Tax Rate - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The government has yet to determine an appropriate rate for the carbon tax, which is scheduled for implementation next year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Eyexora Sets Up Singapore Co-Headquarters To Accelerate Ophthalmic Innovation Worldwide

KUALA LUMPUR, Nov 6 (Bernama) -- Eyexora, a biotechnology company developing innovative therapies for ophthalmic diseases, has established its co-headquarters in Singapore as part of its global expansion and commitment to advancing eye health worldwide.

Malaysia, China In Talks On Forming SPV To Undertake Rail Industry Project

KUALA LUMPUR, Nov 5 (Bernama) -- Bilateral discussions are ongoing between Malaysia and China to form a special-purpose vehicle (SPV) responsible for undertaking the rail industry empowerment programme via a passenger train leasing arrangement, the Transport Ministry said.

Petronas Inks 20-year Deal With Canada's Pembina For Cedar LNG Capacity

KUALA LUMPUR, Nov 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Canada’s Pembina Pipeline Corporation have signed a 20-year agreement for 1.0 million tonnes per annum (mtpa) liquefaction capacity at the Cedar Liquefied Natural Gas (LNG) facility through their subsidiaries.

Federal Loans Are Only For Development, Not Operating Expenses – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The government stressed that loans to cover current operating expenses have never occurred, rather every loan is made for the purpose of developing the country's future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Budget 2026 Formulated With Comprehensive Fiscal Approach – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The fiscal approach for Budget 2026 has been formulated comprehensively, covering federal operating and development expenditures as well as catalytic investments by government-linked entities, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

RON95 Subsidy Takes Longer Time To Ensure Careful Execution, Avoid Affecting The People -- MOF

KUALA LUMPUR, Nov 3 (Bernama) -- The government is taking a longer time to implement the RON95 fuel subsidy rationalisation compared to other subsidies to ensure that the implementation is carried out carefully and does not negatively affect the people.

Excess Tax Payments Cannot Be Used To Offset Future Liabilities -- Lim

KUALA LUMPUR, Nov 3 (Bernama) -- The Inland Revenue Board (LHDN) does not allow companies to offset excess tax payments against future tax liabilities, said Deputy Finance Minister Lim Hui Ying.

Rehda Welcomes Minister's Clarification On BTS, STB Housing Models

KUALA LUMPUR, Nov 3 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (Rehda) welcomed the government’s clarification that both the build-then-sell (BTS) and sell-then-build (STB) housing delivery systems will remain unchanged.

Felcra Announces Second Interim Profit Distribution Of RM207 Mln

KINABATANGAN, Nov 1 (Bernama) --  Felcra Bhd chairman Datuk Seri Ahmad Jazlan Yaakub has announced the company’s second interim distributable profit for 2025 amounting to RM207 million.