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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.   

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

PM Anwar To Announce Tengku Zafrul’s New Position On Dec 3

KUALA LUMPUR, Dec 1 (Bernama) -- Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who will end his duties as Minister of Investment, Trade and Industry effective tomorrow, will be appointed to a new position.

Maharani Freeport To Create 45,000 Jobs, Strengthen Supply Chains - PM Anwar

MUAR, Nov 29 (Bernama) -- The launch of Maharani Freeport is expected to create thousands of job opportunities and boost Malaysia’s maritime logistics competitiveness and supply chain resilience, said Prime Minister Datuk Seri Anwar Ibrahim.

RKB Initiative Under MITI Boosts Access To Financing, Strengthens Aerospace Supply Chain

KUALA LUMPUR, Nov 29 (Bernama) -- The Bureaucratic Red Tape Reform (RKB) initiative under the Ministry of Investment, Trade and Industry (MITI) is already translating into tangible impact, improving service delivery, reducing red tape and fostering a more business-friendly environment.

Smarter Energy, Better Wellbeing: Time Of Use Scheme Enhances Customer Savings In TNB’s 3Q 2025 Results

KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd (TNB) today reaffirmed its commitment to national wellbeing by emphasising customer empowerment, community support and long-term energy resilience at the forefront of its priorities. 

HKTDC Launches AsiaIPEX Creative Hub For Global IP

KUALA LUMPUR, Nov 28 (Bernama) -- The Hong Kong Trade Development Council (HKTDC) has developed the Asia IP Exchange (AsiaIPEX), a free online platform and database showcasing intellectual properties (IPs) around the world.

Labuan IBFC To Lead ESG, Shariah-compliant, Digital Finance Regionally -- Labuan FSA DG

LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda. 

Federal Govt Liabilities At RM390.4 Bln As Of End-June 2025 -- MoF

KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.

Govt Recovers RM31.2 Bln Related To 1MDB, SRC As Of September 2025

KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).

Genting Issues RM255 Mln MTNs To Finance Genting Malaysia Buyout

KUALA LUMPUR, Nov 27 (Bernama) -- Genting Bhd, via its wholly owned unit Genting RMTN Bhd, has issued RM255 million in nominal value of medium-term notes (MTNs) under its MTN programme to part-finance the acquisition of all remaining ordinary shares in Genting Malaysia Bhd.