LATEST NEWS   No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | 

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Seize EM Opportunity With Reforms, Investment Push - Maybank IB

KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.  

Axiata Shareholders Approve XL Axiata-Smartfren Merger

KUALA LUMPUR, March 24 (Bernama) -- Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren).

Eco World Records Net Profit Of RM80.34 Mln In 1Q

KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.

Pharmaniaga Shareholders Approve Regularisation Plan To Exit PN17 At EGM

KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.

CBP To Strengthen Capital Position To Support Business Expansion

KUALA LUMPUR, March 20 (Bernama) -- Co-opbank Pertama (CBP) will continue to monitor its capital position and ensure that it remains at an optimal level to support its business expansion.

SC To Submit Fee Review Proposal To MOF By End Of March

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi. 

Malaysia Airports Strengthens International Connectivity Via New Routes

KUALA LUMPUR, March 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has strengthened its international connectivity with the introduction of new airline routes in February 2025.

KLIA Ranks Among Top 10 Airports Globally With Near-perfect Score In 2024 ASQ Survey

KUALA LUMPUR, March 17 (Bernama) -- Kuala Lumpur International Airport (KLIA) has been ranked among the top 10 airports globally in the 2024 Airport Service Quality (ASQ) survey for airports handling over 40 million passengers annually. 

URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home

KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.

Pertama Digital Proposes Acquisition In Two Firms As Part Of Regularisation Plan

KUALA LUMPUR, March 14 (Bernama) -- Pertama Digital Bhd has proposed to acquire two companies which provide installation, maintenance, management and supporting services for surveillance and technologies systems as part of the group’s long-term business strategy and proposed regularisation plan.

TMK Chemical To Buy Land In Singapore For RM48.99 Mln

KUALA LUMPUR, March 13 (Bernama) -- TMK Chemical Bhd’s wholly-owned subsidiary, Chlor-Al Chemical Pte Ltd (CAL), will buy a parcel of land in Singapore from Chin Yuan Metal Pte Ltd (CYM) for S$14.80 million (S$1 = RM3.31).

Anwar: Sapura Energy’s Rescue Plan Excludes Former Shareholders

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.