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S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

Core HVGT Principles Retained In Updated Tax Framework

KUALA LUMPUR, Nov 24 (Bernama) -- Although the High-Value Goods Tax (HVGT) was not implemented, its core principles have been reviewed and incorporated into improvements to existing tax laws through the revised sales tax rates and the expansion of the service tax (SST) scope.

SBC Medical Q3 2025 Net Profit Soars 353 Pct Amid Revenue Decline

KUALA LUMPUR, Nov 17 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported total revenue of US$43 million for the third quarter (Q3) of fiscal 2025, down 18 per cent year-on-year for the period ended Sept 30. (US$1=RM4.12)

SC Releases Corporate Governance Monitor, Highlights Progress By PLCs

KUALA LUMPUR, Nov 14 (Bernama) -- The Securities Commission Malaysia (SC) today released the Corporate Governance Monitor 2025 (CG Monitor) report, highlighting continued progress in the adoption of the Malaysian Code on Corporate Governance (MCCG) by public-listed companies (PLCs).

AM Best Revises Outlook On ZhongAn To Positive

KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).

Tropicana Corporation Issues RM300 Mln Sukuk Wakalah

KUALA LUMPUR, Nov 14 (Bernama) -- Tropicana Corporation Bhd has issued sukuk wakalah amounting to RM300 million in nominal value under its Islamic medium-term notes (IMTN) programme. 

Pharmaniaga Shares Slip After Lower 3Q Net Profit

KUALA LUMPUR, Nov 14 (Bernama) -- Pharmaniaga Bhd was the third-most-active counter, with 17.7 million shares traded in mid-morning (11 am) today, as its stock fell 0.26 per cent, or half a sen, to 25.5 sen following a sharp drop in third-quarter (3Q) net profit.

BNM's FTFC Policy Revision To Ensure Fairer Deals For Financial Consumers 

KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.

Dewan Rakyat Passes Budget 2026 Allocations For Three Ministries

KUALA LUMPUR, Nov 10 (Bernama) -- The Dewan Rakyat today passed the allocations for the Supply Bill 2026 at the committee level for the Ministry of National Unity, the Ministry of Economy, and the Ministry of Plantation and Commodities through a voice vote, after witnessing more voice in support than against.

MATRADE Confident To Achieve RM3 Bln Sales Target At MIHAS@Shanghai

By Amanina Mohamad Yusof

SHANGHAI, Nov 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is fully confident that the RM3 billion sales target at the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai) 2025 can be achieved, based on the performance during the expo’s first and second days.

Excess Tax Payments Cannot Be Used To Offset Future Liabilities -- Lim

KUALA LUMPUR, Nov 3 (Bernama) -- The Inland Revenue Board (LHDN) does not allow companies to offset excess tax payments against future tax liabilities, said Deputy Finance Minister Lim Hui Ying.