1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects inflation to rise in 2025, driven by domestic policy reforms such as the RON95 fuel subsidy rationalisation and an expanded sales and services tax (SST) scope.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia Bhd has made a significant achievement in 2024 with 55 initial public offerings (IPOs) listed on the exchange, the highest number of listings recorded in the last 19 years.
1y ago
By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd sees sales growth in 2025 by leveraging China’s recent tax policy shift.
1y ago
By Engku Shariful Azni Engku Ab Latif and Previnna Thuraisingam
KUALA LUMPUR, Dec 18 (Bernama) -- The Inland Revenue Board (LHDN) has received 107.5million e-invoices from taxpayers since the system was implemented on Aug 1.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia will “double down” on its strategy of deepening trade and collaboration with other countries in 2025, guided by three fundamental tenets of how Malaysia deals with the world, said Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- EBC Financial Group (EBC), in partnership with the Oxford Department of Economics, hosted a pivotal session in the “What Economists Really Do?” (WERD) series amid the growing challenges of climate change and economic instability.