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InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO

KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.

MADANI Economy indicators Record Positive Achievements Thus Far -- Dr Zaliha

KUALA LUMPUR, March 13 (Bernama) -- Indicators that determine the success of the MADANI Economy framework have shown positive achievements thus far, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa. 

Anwar: Sapura Energy’s Rescue Plan Excludes Former Shareholders

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.

Anwar: Sapura Energy's Capital Injection Provides No Benefit to Shareholders or Management

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.  

Anwar: RM1.1 Bln Sapura Energy Injection A Loan, Not A Sunk Cost

PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.  

MEUFTA: EU, Malaysia To Restart Trade Talks Before Summer

By Rohani Mohd Ibrahim

KUALA LUMPUR, March 11 (Bernama) -- The European Union (EU) expects the first round of negotiations on resuming the Malaysia-European Union Free Trade Agreement (MEUFTA) to take place before the summer or second half of 2025, said European External Action Service managing director for Asia and the Pacific Niclas Kvarnström.

25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

LHDN To Focus On E-invoicing, Tax Base Expansion In 2025

CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 - PM Anwar

PUTRAJAYA, March 9 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.

Felcra Records Final Distributable Profit 2024 Of RM192.51 Mln - Ahmad Zahid

KUALA BERANG, March 8 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has announced a final distributable profit for 2024 amounting to RM192.51 million for Felcra Bhd’s participant project.

ASEAN Must Leverage Australia To Boost Economic Resilience – MGBF

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) must develop a parallel strategy by engaging major economies beyond the region, particularly Australia, to enhance production, productivity, and domestic consumption, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said.