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Taiwan-Malaysia Trade Value Hits RM176.10 Bln In 2024, 38.5 Pct Growth - MATRADE

KUALA LUMPUR, June 10 (Bernama) -- Taiwan was Malaysia’s fourth-largest trading partner in 2024, with trade valued at RM176.10 billion, representing a 38.5 per cent growth from the previous year, according to the Malaysia External Trade Development Corporation (MATRADE). 

Energy Asia 2025 Set To Draw 4,000 Global Delegates

KUALA LUMPUR, June 10 (Bernama) -- Energy Asia 2025 is set to attract more than 4,000 international delegates when it returns for its second edition from June 16 to 18, at the Kuala Lumpur Convention Centre.

Sarawak Inks Deal With China's Energy Giants For Bakun Floating Solar Project

KUCHING, June 10 (Bernama) -- Sarawak takes another step to strengthen its energy security and environmental sustainability with the formalisation of a memorandum of understanding (MoU) with two of China’s leading companies to develop a floating solar project at the Bakun Hydroelectric Plant (HEP) reservoir.

Petronas Unveils Support Programme For Staff Affected By Workforce Reduction

KUALA LUMPUR, June 10 (Bernama) --  Petroliam Nasional Bhd (Petronas) has introduced a comprehensive transition programme to support employees affected by a planned workforce reduction as the company undertakes a major strategic transformation to future-proof its operations and remain competitive in a changing global energy landscape.

Paradigm REIT Eyeing Three Hotels, KLIA Gateway

KUALA LUMPUR, June 10 -- Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years.

Sarawak Showcases Sustainable Energy Agenda At Shanghai Exhibition

KUCHING, June 10 (Bernama) -- Sarawak is set to highlight its sustainable energy agenda on the international stage at the 2025 International Photovoltaic (PV) Power Generation and Smart Energy Exhibition and Conference in Shanghai, China.

Bursa Malaysia Opens Flat, Broader Market Negative

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia traded flat at the opening today as traders mostly stayed on the sidelines amid the prevailing market uncertainty, ahead of the outcome of trade negotiations between China and the United States.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Bursa Malaysia Ends In Positive Territory, Awaits US-China Trade Talks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia closed the trading day in positive territory, supported by investor accumulation of selective heavyweights, as market participants awaited the outcome of high-level US-China discussions.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Bursa Malaysia Ends Morning Session Firmer

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended in positive territory at midday on renewed interest in selected blue chips, led by MISC, Tenaga Nasional and Petronas Chemicals.

Petronas Layoffs Driven By Global Challenges, Not Petros Issue - Fadillah 

KUCHING, June 7 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to trim its workforce stems from global challenges and is not connected to the national oil firm's issues with Petroleum Sarawak Bhd (Petros).