By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today due to forest fires in North Sumatra, a dealer said.
KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)
KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.
KUALA LUMPUR, July 3 (Bernama) -- Pluxee reported an 11.1 per cent organic increase in revenue to 310 million euros for the third quarter of fiscal year 2025 (Q3 FY2025), supported by continued demand for employee benefits, keeping the group on track to meet its full-year financial objectives. (1 euro = RM4.97)
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended the short week higher following lower-than-expected palm oil production pace and robust June export performance, said a commodity analyst.
KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).
PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.
KUALA LUMPUR, June 16 (Bernama) -- MoneyHero Limited (MoneyHero) has reported a significant reduction in losses for the first quarter (Q1) ended March 31, 2025, marking progress in its strategic pivot toward higher-margin verticals such as insurance and wealth products.
