SAMENTA Welcomes Revision To Expanded SST As Relief For SMEs

KUALA LUMPUR, June 27 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has welcomed the Ministry of Finance’s (MoF) revision to the expanded Sales and Service Tax (SST), describing it as a meaningful relief for the small and medium enterprises (SMEs).

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

Profit Boost For Malakoff From Melaka WTE Plant - Maybank IB

KUALA LUMPUR, June 20 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects that Malakoff Corporation Bhd will achieve RM40 million net profit accretion per year once the Melaka waste-to-energy (WTE) facility begins contributing over the 30-year operational period.

Bursa Malaysia To Trade At 1,500-1,530 Next Week Amid Tariffs, Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.

ASEAN Needs Over US$3 Trillion Investment For Energy Transition By 2050 - Fadillah

KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.

Uzma Secures Remote Sensing Satellite Development Project

KUALA LUMPUR, May 22 (Bernama) -- Energy and technology company Uzma Bhd said it has secured  Malaysia’s Pembangunan Satelit Penderiaan Jauh Negara (PSPJN) remote sensing satellite development project. 

SFC, SSL Seal Agreement To Improve Tourism Facilities At Niah, Tanjung Datu National Parks

KUCHING, May 21 (Bernama) -- Tourism facilities at Niah and Tanjung Datu National Parks, two of Sarawak’s iconic protected areas, will get a facelift following the signing of a 20-year concession agreement between Sarawak Forestry Corporation (SFC) and Sutera Sanctuary Lodges (SSL) today.

Malaysia Should Leverage US-China Tariff Pause To Reposition Itself -- Economists

By Naveen Prabu Kuppusamy

KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.

Ringgit Opens Higher Against US Dollar As US-China Trade Tensions Ease

By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed

KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.

Pharmaniaga Records Higher Net Profit In 1Q

KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.

RCEP Must Be Steadfast In Countering Challenges, Expand Trade -- CIRD

From Kisho Kumari Sucedaram

BEIJING, April 27 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) should be steadfast in upholding multilateralism and counter challenges such as trade protectionism, as well as measures like the reciprocal tariffs announced by the United States (US).

Ringgit Ends Marginally Lower Against US Dollar, Up Vs Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 23 (Bernama) -- The ringgit ended marginally lower against the US dollar on Wednesday as the greenback strengthened on the back of renewed optimism surrounding US-China trade talks, said an economist.