1y ago
LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Nov 16 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) and the Export-Import Bank of China (China Exim Bank) have signed a framework agreement to strengthen economic and trade ties between Malaysia and China.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to experience cautious trading next week, following recent gains in the US dollar, an analyst said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).
1y ago
LIMA (Peru), Nov 15 (Bernama) -- A “scoping exercise” to strengthen the Malaysia-New Zealand Free Trade Agreement (MNZFTA) will cover new areas of cooperation such as digital trade and halal recognition, according to the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.
1y ago
From Engku Shariful Azni Tengku Ab Latif
TANAH MERAH, Nov 15 (Bernama) -- Niche Capital Emas Holdings Bhd (Nice) has successfully commissioned its heap leach plant here at Sokor North Gold Mine.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were higher in early trade.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Keyfield International Bhd posted its quarterly record-high net profit of RM81.12 million during the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM45.78 million net profit in the same quarter last year.