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Top Consumer-Voted Products Recognised In 2025 Product Of The Year Malaysia Recap

KUALA LUMPUR, July 1 (Bernama) -- Product of the Year Malaysia has revealed the consumer-voted winners for 2025, following a comprehensive evaluation process that included nationwide surveys and in-home testing conducted by Try & Review.

Ni Hsin Signs Hoa To Explore Acquisition Of Hy-Fresh Poultry Group

KUALA LUMPUR, June 30 (Bernama) -- Ni Hsin Group Bhd today signed a heads of agreement (HOA) with the intention to acquire Hy-Fresh Group, one of Malaysia’s largest fully integrated halal-certified poultry businesses.

Malaysian SMEs Need To Adopt AI For ESG Compliance And Thrive In Future Economy -- Gobind

KUALA LUMPUR, June 30 (Bernama) -- Malaysian small and medium enterprises (SMEs) need to embrace digital technology, especially artificial intelligence (AI), to meet the environmental, social and governance (ESG) expectations and thrive in the future economy, said Digital Minister Gobind Singh Deo.

MyAxis Expects New Facility To Contribute To Revenue In 2QFY2026

KUALA LUMPUR, June 30 (Bernama) -- Meat processor and distributor, MyAxis Group Bhd, expects its upcoming processing facility in Bukit Kayu Hitam, Kedah to start contributing to its revenue in the second quarter of the next financial year (2QFY2026).

SAMENTA Welcomes Revision To Expanded SST As Relief For SMEs

KUALA LUMPUR, June 27 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has welcomed the Ministry of Finance’s (MoF) revision to the expanded Sales and Service Tax (SST), describing it as a meaningful relief for the small and medium enterprises (SMEs).

After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

Escalating Tension In Middle East Raises Cost Concerns Among Travellers, Insurers

By Karina Imran

KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.

Amir Hamzah Tasked To Carry Out Duties And Functions Of Minister Of Economy

PUTRAJAYA, June 27 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has been given the responsibility of carrying out the duties and functions of the Minister of Economy with immediate effect.

 

MIDF Amanah: Strait Of Hormuz Closure Poses Limited Risk To Malaysia

KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.

Apples, Oranges To Be Exempted From SST - PM Anwar

PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.

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.

SC Seeks Public Feedback On Proposed Sustainability Assurance Framework

KUALA LUMPUR, June 25 (Bernama) -- The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), has published a consultation paper to seek feedback from members of the public on the proposed framework for sustainability assurance.