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A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
7m ago
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s gross domestic product (GDP) growth forecast for 2025 has been revised to 3.9 per cent, a 0.6 percentage-point downgrade from January 2025’s projection, according to the World Bank’s Global Economic Prospects report.
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KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
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By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.
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KUALA LUMPUR, June 9 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has launched Multiply Media Group (MMG), uniting the three market-leading out-of-home (OOH) companies under its portfolio to create a new media powerhouse headquartered in the United Arab Emirates (UAE).
7m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,500 and 1,530 points next week, pending fresh market catalysts, said an analyst.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, amid ongoing global market uncertainty.
8m ago
KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.
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KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia opened higher on Thursday, lifted by optimism over the country’s digital investment pipeline, despite an overnight decline on Wall Street.
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By Zufazlin Baharuddin
KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia failed to sustain earlier gains recorded for most part of the day to end lower on late selling, amid a mixed performance across regional markets.