17d ago
KUALA LUMPUR, March 2 (Bernama) -- Since the implementation of e-invoicing began on Aug 1, 2024, a total of 204,928 traders have submitted e-invoices, involving the issuance of more than one billion e-invoices overall to date, according to the Ministry of Finance (MOF).
17d ago
KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
17d ago
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
18d ago
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
18d ago
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
20d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
21d ago
KUALA LUMPUR, Feb 26 (Bernama) -- The Dewan Rakyat today passed the Supplementary Supply (2025) Bill 2026 for RM7.94 billion in additional service expenditure from the Consolidated Fund.
23d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Supermax Corporation Bhd’s net loss widened to RM58.44 million in the second quarter (2Q) of the financial year ending June 30, 2026 (FY2026) from a RM4.92 million loss in the same period last year.
23d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Enigmatig Limited (Enigmatig), a global business enabler supporting companies expanding across borders, reported a net profit of US$0.6 million for the fiscal year ended Sept 30, 2025 (FY2025), down from US$0.8 million a year earlier, mainly due to one-off listing-related expenses. (US$1=RM3.87)
24d ago
KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).
27d ago
KUALA LUMPUR, Feb 20 (Bernama) -- Potential upside from the front-loading of electrical and electronics (E&E) shipments ahead of phased United States tariffs on a broader range of semiconductor products could support Malaysia’s external trade in 2026, according to MBSB Investment Bank Bhd (MBSB IB).