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. | 

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Malaysia Advances 11 Spots In World Competitiveness Ranking 2025

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country’s economic recovery and reform agenda.

Qhazanah Sabah Teams Up With Bina Indah To Develop The Hill @ Damai Project

KOTA KINABALU, June 16 (Bernama) -- Qhazanah Sabah Bhd (QSB) today signed a joint development agreement (JDA) with Bina Indah Development Sdn Bhd for the development of The Hill @ Damai here.

NX Malaysia Opens Logistics Centre In Penang 

KUALA LUMPUR, June 16 (Bernama) -- Nippon Express (Malaysia) Sdn Bhd (NX Malaysia), a group company of Nippon Express Holdings Inc, has opened a new warehouse facility, the Batu Kawan Logistics Center, near the Batu Kawan Industrial Park in Penang, Malaysia.

Bursa Malaysia Rebounds To Close Higher In Line With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.

KBRA Expands Global Presence With New Tokyo Office

KUALA LUMPUR, June 16 (Bernama) -- Kroll Bond Rating Agency LLC (KBRA) has announced the opening of its new office in Tokyo, Japan, marking its first establishment in the Asia-Pacific (APAC) region as part of its international expansion strategy.

BSN Micro MADANI Carnival An Initiative To Boost Malaysian Micro Entrepreneurs

KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

TNB: Stronger Today, Brighter Tomorrow

KUALA LUMPUR, June 16  (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.

Arisprop Capital To Bring Aris Burger To China By 2027

By Mohd Noor Azeery Idris

KUALA LUMPUR, June 15 (Bernama) -- Frozen food manufacturer Arisprop Capital Bhd is planning to introduce its Aris Burger brand to the Chinese market by 2027, as part of the company’s global expansion strategy.

SST Expansion A Strategic Window For Business Readiness, Says MAICCI Women’s Wing Head

KUALA LUMPUR, June 15 (Bernama) -- The expansion of the Sales and Service Tax (SST) beginning July 1, 2025, is seen as a timely and strategic move that provides businesses, particularly women-led enterprises, with the clarity and space to strengthen operations and build long-term resilience.

Valet Technology Eyes 1Q 2026 ACE Market Listing To Advance Cyber, Identity Security

By Nurul Hanis Izmir

PUTRAJAYA, June 15 (Bernama) -- Valet Technology Sdn Bhd is gearing up for an initial public offering (IPO) on Bursa Malaysia’s ACE Market in the first quarter of 2026 as the company ramps up its expansion into cyber and identity security solutions.

KLSICCI Urges Targeted, Phased SST Expansion To Safeguard MSME, B40 Groups

KUALA LUMPUR, June 14 (Bernama) -- The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has urged the government to adopt a strategic, inclusive and phased approach in expanding the Sales and Service Tax (SST) to avoid unintended burdens on vulnerable groups and micro, small and medium enterprises (MSMEs).