LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).

Tengku Zafrul Reiterates Difference Between MIDA-Approved Investments And Net FDI Reported By DoSM

KUALA LUMPUR, Aug 19 (Bernama) -- The Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz reiterated that the investment figures approved by the Malaysian Investment Development Authority (MIDA) refer specifically to the compilation of proposed investments that have been approved.

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

Kemaman Port Needs Updating, Sandakan Joins ASEAN Liberalisation -- MOT

KUALA LUMPUR, Aug 18 (Bernama) – The Ministry of Transport (MOT) has requested that Kemaman Port Consortium update and submit its development proposal for Kemaman Port, in line with the port development plan and concession agreement.

HSBC Malaysia Unveils Enhanced Premier Service For Affluent Market

KUALA LUMPUR, Aug 13 (Bernama) -- HSBC Malaysia has launched its all-new HSBC Premier service, designed for affluent and high-net-worth customers with an expanded suite of wealth, health, travel and international banking solutions. 

MR DIY Net Profit Rises To RM158.58 Mln In 2QFY2025

KUALA LUMPUR, Aug 13 (Bernama) -- MR DIY Group (M) Bhd’s net profit for the second quarter ended June 30, 2025 (2QFY2025) rose to RM158.58 million from RM155.21 million in the same quarter a year ago.

CPO Exports Remain Important To Help Malaysia Maintain Market Share - KPK

KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's crude palm oil (CPO) exports continue to play an important role in the palm oil industry, as they help ensure that Malaysia does not lose market share to its closest competitor, Indonesia.

Petronas Targets More LNG Projects In Canada Given Its Large Gas Reserves

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.

ASEAN Must Reframe Economic Strategy Amid Global Polycrisis - Liew

KUALA LUMPUR, Aug 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy  Investment, Trade and Industry Minister Liew Chin Tong.

Menos AI Unveils AI-Powered Research Tools For Hedge Funds, Institutional Investors

KUALA LUMPUR, Aug 7 (Bernama) -- Menos AI, an artificial intelligence (AI)-native fintech company, has officially launched its flagship product, Sonαr—an intelligent research agent designed to help hedge funds and institutional investors uncover timely, differentiated investment ideas.

Malaysian Rubber Industry Must Set New ESG Benchmarks – Chan

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia’s rubber industry must not only meet global standards but set new benchmarks to remain competitive in high-value markets, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.

Risk Mitigation Plan Crucial To Prevent Further Aerotrain Breakdowns - Economist

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 6 (Bernama) -- Aerotrain services at Kuala Lumpur International Airport (KLIA) resumed operations on July 1 after a 28-month suspension, with the promise of improving connectivity, facilitating smoother passenger movement between terminals, and eliminating disruptions.