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Govt Urged To Scrap 5 Pct Sales Tax On Sawn Timber, Review SST Expansion

KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.

Bursa Malaysia Snaps Two-day Rally On Profit-taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia snapped its two-day rally to close lower today, as investors engaged in profit-taking amid a more cautious trading tone, mirroring the mostly downbeat performance of regional peers.

Rubber Market Ends Mixed Amid Softer Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday following downward momentum in regional rubber futures and a slightly stronger ringgit against the US dollar, a dealer said.

Crude Oil, Condensate And Natural Gas Output Rise 7.9 Pct And 11.8 Pct In 3Q - DOSM

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s crude oil, condensate and natural gas production rose in the third quarter of 2025 (3Q 2025), reaching 45.1 million barrels and 737.0 billion cubic feet respectively, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Slips At Midday On Selective Profit-taking

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.

Malaysia Expected To Achieve 49 Pct Of SDG Targets By 2030 -- Hanifah Hajar

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia is expected to achieve 49 per cent of the 169 Sustainable Development Goals (SDG) targets by 2030 based on analysis of 2023 data, according to Deputy Economy Minister Datuk Hanifah Hajar Taib.

JLG Eyes RM40 Bln Investment From Second Phase Of Data Centre Project In IBTEC

JOHOR BAHRU, Dec 2 (Bernama) -- JLand Group Sdn Bhd (JLG) has targeted investments of about RM40 billion within the next three years for the second phase of its data centre development project known as StepWest.

Bursa Malaysia Opens Higher In Sync With Wall Street Gains

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.

Melaka Speeds Up Industrial Growth Through Melaka Industrial Booster

MELAKA, Dec 3 (Bernama) – The Melaka state government is stepping up efforts to drive industrial development through the Melaka Industrial Booster (MIB), a one-stop centre designed to streamline investment processes and accelerate the growth of industrial zones across the state.

Digital Ministry Conducting Mid-Term Review Of Two Digital Policy Framework Documents

KUALA LUMPUR, Dec 2 (Bernama) -- The government is conducting a Mid-Term Review (MTR) for two key national digital policy framework documents, namely the National Fourth Industrial Revolution Policy (D4IRN) and the Malaysia Digital Economy Blueprint (RTEDM) 2021–2030, according to the Ministry of Digital.

Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.