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There are 16 news based on search keyword " penalty"

KLIA To Commence Vehicle Access Management System Trial Run Starting Sept 1

KUALA LUMPUR, Aug 30 (Bernama) -- KL International Airport (KLIA) will commence a trial run of its new Vehicle Access Management System (VAMS) to improve kerbside traffic flow and provide smoother access to the terminals.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.

Pharmaniaga Among Most Active Stocks, Jumps 6.9 Pct To 23 Sen

KUALA LUMPUR, June 19 (Bernama) -- Pharmaniaga Bhd emerged as among the most active stocks in early trade today on news that the group would continue to stay in the black for the financial year ending Dec 31, 2025 (FY2025) after making a turnaround last year. 

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

BNM Imposes Penalties On Four Financial Institutions For Regulatory Breaches

KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.

Socso Amnesty Programme Saves Industry RM100 Mln In Waived Charges In April - MEF

KUALA LUMPUR, May 17 (Bernama) -- The industry has saved RM100 million through the waiver of compounds and late payment charges under the Social Security Organisation (Socso) Amnesty Programme from April 1-30, 2025, said the Malaysian Employers Federation (MEF).

IRB Allows DRB-HICOM’s Appeal Against Additional Tax From Unit's Sale

KUALA LUMPUR, March 21 (Bernama) -- The Inland Revenue Board of Malaysia (IRB) has allowed DRB-HICOM Bhd‘s appeal against the notice of additional assessment that the gain from the disposal of a subsidiary is not subject to tax under Section 4(a) of the Income Tax Act 1967.

SC Posts RM20.70 Mln Net Operating Surplus Amid Revenue Growth In 2024 - Report

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) recorded a net operating surplus of RM20.70 million in 2024 against a net operating deficit of RM56.46 million a year earlier, according to the SC Annual Report 2024 released today.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.

Mavcom: Airlines Must Offer Passengers Refunds For Flight Delays Of Five Hours Or More

By Abdul Hamid A Rahman and Mikhail Raj Abdullah

KUALA LUMPUR, Feb 19 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) today reiterated that airline passengers have the option of a refund of their tickets if their flight is delayed by five hours or more.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).