KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
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.
KUALA LUMPUR, June 9 (Bernama) -- Populous, the world-renowned design firm, has announced the acquisition of Denver-based Fentress Architects, a global leader in iconic aviation projects and prominent public buildings, to broaden its scope and scale of services offered to global clients.
By Anas Abu Hassan
KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.
KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
A Commentary By M.Saraswathi
KUALA LUMPUR, May 26 (Bernama) -- The leaders of Southeast Asia’s 10-member grouping have adopted an ambitious new economic strategy that envisions a developed ASEAN as the epicentre of growth in the larger Asia-Pacific region, elevating its stature to emerge as the world’s fourth-largest economy.
KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life).
KUALA LUMPUR, May 14 (Bernama) -- Malaysia and Russia have expressed a shared intention to deepen trade and investment between the two nations, signalling a new chapter in their growing bilateral relationship.
KUALA LUMPUR, May 13 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, is projecting sustained expansion in domestic spending following stronger retail sales recorded in March 2025.
KUALA LUMPUR, May 6 – The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position.
KUALA LUMPUR, May 5 (Bernama) -- Malaysia’s economy is expected to remain resilient and outperform its A-rated peers despite mounting global uncertainties driven by trade tensions, said Moody’s Ratings.
