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Except For Apples And Oranges, Other Imported Fruits Taxable Under Expanded SST - Treasury Sec-gen

KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign

MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Penang Port Invests RM37 Mln In Four Hybrid RTG Cranes To Enhance Efficiency, Sustainability

GEORGE TOWN, June 23 (Bernama) -- Penang Port Sdn Bhd has invested US$7.88 million (RM37 million) in acquiring four new hybrid rubber-tyred gantry (RTG) cranes from Mitsui E & S Co Ltd, Japan, to enhance operational efficiency and promote environmental sustainability.

PHB Offering 300 Mln AHB Units For Subscription

KUALA TERENGGANU, June 21 (Bernama) -- Pelaburan Hartanah Bhd (PHB) is offering 300 million Amanah Hartanah Bumiputera (AHB) units for public subscription, providing Bumiputera investors a low-risk investment opportunity backed by real estate assets.

Auto Sector To Have Minimum Impact From SST Expansion -- CIMB Securities

KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.

Cloudflare's Log Explorer Simplifies Security, Performance Monitoring

KUALA LUMPUR, June 19 (Bernama) -- Cloudflare Inc, the leading connectivity cloud company, has announced the general availability of its Log Explorer to help give businesses instant access to critical security and performance insights across their information technology (IT) environments.

TNG Digital Launches Business Account To Empower Micro SMEs And Gig Workers

KUALA LUMPUR, June 18 (Bernama) -- TNG Digital Sdn Bhd, Malaysia’s largest integrated fintech company, has launched the TNG Digital Business Account, a zero-barrier digital solution aimed at supporting micro, small and medium enterprises (MSMEs) and gig workers.

Anwar Praises EPF's Efforts In Enhancing Retirement Adequacy

KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has commended the Employees Provident Fund's (EPF) efforts in exploring new approaches to enhance Malaysian retirement adequacy. 

TNB: Stronger Today, Brighter Tomorrow

KUALA LUMPUR, June 16  (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.