Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

World Halal Excellence Awards 2024 Boosts Malaysia Competitiveness In US$5 Trillion Halal Market

KOTA TINGGI, Dec 8 (Bernama) -- Malaysia’s leadership in the global halal ecosystem continues to be strengthened through the World Halal Excellence Awards 2024 (WHEA 2024), further boosting the country’s competitiveness in the rapidly expanding global halal market projected to reach US$5 trillion (US$1 = RM4.10) by 2030.

Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

RKB Initiative Transforms SME Experience By Cutting Red Tape, Boosting Efficiency

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s Bureaucratic Red Tape Reform (RKB) initiative is changing the narrative for many small and medium enterprises (SMEs), especially those in the aerospace industry, who previously had to deal with bureaucratic obstacles that felt like navigating a maze, including lengthy approvals, repeated paperwork, and unpredictable delays.

Tune Protect, Ticket2U Offer Ticket Refund Protection, Sports PA In Indonesia

JAKARTA, Nov 20 (Bernama) -- Tune Protect Re (Tune Protect), a reinsurance subsidiary of Tune Protect Group Bhd, has extended its partnership with Ticket2U, a leading ticketing platform in Southeast Asia, to Indonesia with the launch of Ticket Refund Protection dan Sports Personal Accident (PA).

Africa’s Rapid Growth A Hedge For Malaysia Against Geopolitical Uncertainties -- Academician

KUALA LUMPUR, Nov 18 (Bernama) -- The African continent’s rapid economic growth presents export opportunities for Malaysia to reduce reliance on traditional partners and possibly hedge itself against geopolitical uncertainties, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.

Mitsubishi Electric To Transfer Motor, Industrial Units To EBARA In 2026

KUALA LUMPUR, Nov 14 (Bernama) -- Mitsubishi Electric has agreed to transfer several key motor and industrial equipment businesses to EBARA Corporation, which marks a major reorganisation of its manufacturing portfolio.

Bursa Malaysia Launches Thoughtstream To Encourage Independent Market Research

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia Bhd has launched ThoughtStream, a new digital platform that empowers investors, researchers, students, and market enthusiasts to share their independent research and perspectives on listed companies and market trends.

DAMAC Launches Global Search For ‘The Ultimate Islander’ To Live The Dream Life

KUALA LUMPUR, Oct 30 (Bernama) -- The United Arab Emirates (UAE)’s largest private luxury real estate developer, DAMAC Properties has announced a global search for “The Ultimate DAMAC Islander” in a move blending wanderlust with luxury living.

ASEAN Business Entity Has Potential To Create More Regional Multinational Companies - Liew

KUALA LUMPUR, Oct 27 (Bernama) -- The introduction of ASEAN Business Entity (ABE) status has the potential to create more ASEAN multinational companies (MNCs) that can enhance market opportunities in the region, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

Malaysia's Recognition As Global Islamic Finance Hub Reflects Ethical Foundations -- PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.

SDEC 2025 Showcases Malaysia’s Leadership Capability In AI-Driven Innovation

KUALA LUMPUR, Oct 11 (Bernama) -- The Selangor Smart City and Digital Economy Convention (SDEC) 2025 highlighted artificial intelligence (AI) as global innovators, startups, and policymakers gathered at the AI Innovation Conference 2025 here.