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Avaland Celebrates Avenue25, Redefines Sustainable Living

KUALA LUMPUR, Oct 14 (Bernama) -- Property developer Avaland Bhd aims to set a new benchmark with the Avenue25 project in Subang Jaya, with all phases targeted to achieve GreenRE Gold certification.

 

Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist

KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Govt Will Only Implement GST If Minimum Wage Threshold Increases To RM3,000 - PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) — The government will only implement the Goods and Services Tax (GST) if the  income threshold is at RM3,000-RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.

Kenanga IB Expects Govt To Raise Development Expenditure In Budget 2025

KUALA LUMPUR, Oct 12 (Bernama) -- The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).

SambaNova Collaborates With Canvass To Provide Complete AI Platform In South Asia, EMEA

KUALA LUMPUR, Oct 11 (Bernama) -- SambaNova Systems has teamed up with Canvass AI (Canvass), a leader in generative artificial intelligence (GenAI) enterprise solutions, to drive fast adoption of vertically-integrated AI Solutions, inference and training to South Asia and Europe, Middle East, and Africa (EMEA).

FreedomPay-Stripe Partnership To Facilitate Businesses Unify Commerce

KUALA LUMPUR, Oct 11 (Bernama) -- FreedomPay, an innovative leader in Next Level Commerce technologies has partnered Stripe, a financial infrastructure platform for businesses, to make it easier for enterprises to unify commerce.

Qiandongnan Sees Robust Tourism Growth Along China's Rural Tourism Highway 1

KUALA LUMPUR, Oct 9 (Bernama) -- China's Rural Tourism Highway 1 has welcomed over 25 million visitors and generated a tourism revenue of more than 12 billion Chinese yuan, showcasing the vigorous development of tourism in Qiandongnan, in the first eight months of this year. (100 Chinese yuan = RM60.62)

Increasing WPL Threshold Will Be A Boon For Plantation Sector

KUALA LUMPUR, Oct 9 (Bernama) -- CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

MPOB, Sarawak M-FICORD To Hold Technology Transfer Programme On Oct 14

KUCHING, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB), in collaboration with the Ministry of Food Industry, Commodity, and Regional Development Sarawak (M-FICORD), will hold the Sarawak Oil Palm Technology Transfer Programme (TOT Sarawak 2024) here on Oct 14.

Ireka's Unit Secures RM1.07 Bln Sub-contract For Pan Borneo Highway Project

KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.