Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

MATRADE Guides Malaysian Mid-Tier Companies Into India's High-Growth Market

KUALA LUMPUR, Nov 21 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has paved new pathways for Malaysian mid-tier companies to tap into India’s rapidly expanding market through a market immersion mission to Mumbai from Nov 19–21.

Perdana Petroleum's Net Profit Lower To RM41.69 Mln In 3Q

KUALA LUMPUR, Nov 19 (Bernama) -- Perdana Petroleum Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) declined to RM41.69 million from RM75.80 million a year ago. 

Malaysia To Strengthen Trade Linkages With Cambodia Via MATRADE-Led Mission

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia plans to strengthen its trade engagement with Cambodia, one of ASEAN’s fastest-growing economies, through an export acceleration mission there from Nov 25 to 27. 

Malaysia's Services Trade Returns To Surplus, Supporting RM12.2 Bln Current Account Surplus In 3Q 2025 -- DOSM

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s services trade returned to surplus after 56 quarters, supporting a RM12.2 billion current account surplus in the third quarter (3Q) 2025, said the Department of Statistics Malaysia (DOSM).

Malaysia, Singapore, Indonesia Begin Talks On Trilateral Cooperation For JS-SEZ

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia, Singapore and Indonesia have begun discussions on the Johor-Singapore Special Economic Zone (JS-SEZ) trilateral cooperation, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. 

Petronas Marks First Foray Into Guyana With Award Of Block S4

KUALA LUMPUR, Nov 12 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary, Petronas Energy Guyana Sdn Bhd, has signed a petroleum agreement (PA) for Block S4, located in the offshore region of Guyana.

Timor-Leste Eyes ASEAN Partners For Greater Sunrise Project

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Nov 12 (Bernama) -- Timor-Leste has invited ASEAN investors to participate in the development of the Greater Sunrise gas field project, which is expected to open new investment opportunities and strengthen local industry participation, said its Ambassador to Malaysia, Lisualdo Gaspar.

Exports To CPTPP, RCEP Countries Rise Despite Uncertain Global Trade Conditions

KUALA LUMPUR, Nov 11 (Bernama) -- Exports to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) member countries increased from January to September 2025 despite uncertain global trade conditions.

MOF Denies Claim That Petronas Takes 95 Pct Of Borneo’s Oil Revenue

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Finance (MOF) has denied claims that Petroliam Nasional Bhd (Petronas) has taken up to 95 per cent of the petroleum revenue from Sabah and Sarawak.