12d ago
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.
15d ago
KUALA LUMPUR, Nov 29 (Bernama) -- The people and the business community have become the biggest beneficiaries of the Bureaucratic Red Tape Reform (RKB), as various government processes can now be completed more quickly, compliance costs have been reduced, and service transparency has improved.
16d ago
KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.
16d ago
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s official reserve assets amounted to US$123.76 billion (US$1= RM4.12) as at Oct 31, 2025, while other foreign currency assets stood at US$201.6 million, according to Bank Negara Malaysia (BNM).
16d ago
KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.
16d ago
KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.
17d ago
PETALING JAYA, Nov 27 (Bernama) -- The palm oil sector in Malaysia is expected to remain stable by 2026, in line with the rebound in soybean oil prices that will narrow the large price gap between the two oils, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
17d ago
KUALA LUMPUR, Nov 27 (Bernama) -- The third-quarter 2025 (3Q 2025) results season is tracking better than the second quarter (2Q 2025), supporting market sentiment as earnings improve in the technology and rubber glove sectors—both key underperformers in the first half of 2025.
17d ago
By Thivyamalini Ramalu
PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring.
17d ago
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.
17d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Johor expects to maintain its strong economic trajectory this year, with a gross domestic product (GDP) growth of 6.4 per cent -- matching last year’s performance -- while growth for 2026 is anticipated to range between 4.8 and 6.8 per cent.
18d ago
KUALA LUMPUR, Nov 26 (Bernama) -- AMMB Holdings Bhd has posted a higher net profit of RM534.58 million in the second quarter of financial year 2026 (2Q FY2026), compared to RM500.57 million a year earlier.