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BEIJING (China), June 23 (Bernama) – China Communications Construction Company Ltd (CCCC) has reaffirmed its commitment to Malaysia, expressing its readiness to deepen its involvement in the country’s infrastructure development, which the company regards as key to long-term regional connectivity.
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KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made starting from Aug 1, 2025.
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By Zufazlin Baharuddin
KUALA LUMPUR, June 22 (Bernama) -- The Philippines has expressed its commitment to build on Malaysia’s current ASEAN chairmanship as it prepares to lead the regional bloc in 2026 especially in strengthening regional economic cooperation and ensuring a united stance on global issues.
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KUALA LUMPUR, June 20 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects that Malakoff Corporation Bhd will achieve RM40 million net profit accretion per year once the Melaka waste-to-energy (WTE) facility begins contributing over the 30-year operational period.
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KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
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ISKANDAR PUTERI, June 19 (Bernama) -- The Invest Malaysia Facilitation Centre-Johor (IMFC-J) has received a total of 439 investment-related enquiries within just five months since its launch in February this year.
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KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).
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PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.
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KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).
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KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
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KUALA LUMPUR, June 17 (Bernama) -- Yinson Holdings Bhd’s (Yinson) subsidiary Yinson Production has closed the previously announced US$1 billion (US$1=RM4.23) investment deal with a consortium.
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By K NAVEEN PRABU
KUALA LUMPUR, June 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT) and a surge in crude oil prices.