SP Setia's 2Q FY2025 Net Profit Drops To RM99.8 Mln
KUALA LUMPUR, Aug 20 (Bernama) -- SP Setia Bhd's second quarter (2Q) net profit ended June 30, 2025 (FY2025) dropped to RM99.8 million from RM295.03 million in the same quarter a year ago.
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Merdeka Sales Set To Drive Malaysia's Automotive TIV Growth For August 2025
KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.
LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF
KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).
US Agricultural Products Tax Exemption Finalised Based On Mutual Interest - Tengku Zafrul
KUALA LUMPUR, Aug 19 (Bernama) – The sales tax exemption on imported United States (US) agricultural products is the result of negotiations finalised based on mutual interest, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram
KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).
Malaysia's Automotive TIV Higher By 28 Pct In July -- MAA
KUALA LUMPUR, Aug 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) jumped 28 per cent to 70,057 units in July, compared to 54,863 units in June 2025, according to the Malaysian Automotive Association (MAA).
99 Speed Mart 2Q Net Profit Surges 22 Pct To RM153 Mln
KUALA LUMPUR, Aug 18 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s net profit for the second quarter ended Dec 31, 2025 (2Q 2025) rose 22.1 per cent to RM153.21 million from RM125.53 million a year earlier.
Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah
KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
AMMB Net Profit Rises To RM516 Mln In 1Q 2025
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago.
Bursa Malaysia Rebounds To Open Slightly Higher
KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia rebounded from last week's losses to open marginally higher today, driven by mild buying interest in selected heavyweights, a dealer said.
Sabah UDA Carnival With BizFrancais Pernas A Platform To Strengthen Entrepreneurship Ecosystem For MSMEs In Sabah
PENAMPANG, Aug 16 (Bernama) -- The three-day UDA Carnival with BizFrancais Pernas, ending tomorrow at Buhavan Square here, has the potential to be a catalyst in strengthening entrepreneurship development and opening up more opportunities for Sabah-based micro, small, and medium enterprises (MSMEs) to expand their markets.
Bursa Malaysia Expected To Rise Towards 1,590 Level Next Week
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 16 (Bernama) -- Bursa Malaysia is expected to rise next week towards the 1,590 resistance level, contingent on supportive global risk sentiment and incremental clarity over semiconductor tariff trajectories, said an analyst.