| LATEST NEWS | No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | |
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit extended last Friday’s gains, trading firmer against the US dollar and breaching the RM4.30 level at Tuesday's opening, driven by persistent buying interest amid expectations of a US interest rate cut, analysts said.
GEORGE TOWN, Sept 16 (Bernama) -- The Penang State Government will continue to promote the state’s industrial sector to attract investors to set up factories in Batu Kawan Industrial Park 3 (BKIP 3) and Casia City Technology Park (BCTP) in Batu Kawan near here.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.
