9m ago
KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9m ago
KUALA LUMPUR, June 20 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects that Malakoff Corporation Bhd will achieve RM40 million net profit accretion per year once the Melaka waste-to-energy (WTE) facility begins contributing over the 30-year operational period.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.
10m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.
10m ago
KUALA LUMPUR, May 22 (Bernama) -- Energy and technology company Uzma Bhd said it has secured Malaysia’s Pembangunan Satelit Penderiaan Jauh Negara (PSPJN) remote sensing satellite development project.
10m ago
KUCHING, May 21 (Bernama) -- Tourism facilities at Niah and Tanjung Datu National Parks, two of Sarawak’s iconic protected areas, will get a facelift following the signing of a 20-year concession agreement between Sarawak Forestry Corporation (SFC) and Sutera Sanctuary Lodges (SSL) today.
10m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.
10m ago
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
11m ago
KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.
11m ago
From Kisho Kumari Sucedaram
BEIJING, April 27 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) should be steadfast in upholding multilateralism and counter challenges such as trade protectionism, as well as measures like the reciprocal tariffs announced by the United States (US).
11m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 23 (Bernama) -- The ringgit ended marginally lower against the US dollar on Wednesday as the greenback strengthened on the back of renewed optimism surrounding US-China trade talks, said an economist.
11m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally higher today, following gains on COMEX, as traders cautiously monitor the tariff situation, said an analyst.