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KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
KUALA LUMPUR, Aug 26 (Bernama) -- Transhipment activities have not yet been fully clarified in terms of enforcement implementation as the United States (US) has not outlined in detail the categories of such activities, said the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, Aug 22 (Bernama) -- The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).
KUALA LUMPUR, Aug 21 (Bernama) -- ASEAN must strengthen its legal certainty and dispute settlement mechanisms to sustain business confidence as the region advances towards becoming the world’s fourth-largest economy by 2030, Secretary-General Dr Kao Kim Hourn said today.
KUALA LUMPUR, Aug 20 (Bernama) -- The YTL Green Data Centre in Kulai, Johor has placed Malaysia on the global map as an artificial intelligence (AI) hub and the AI Centre of Excellence in ASEAN, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.
PETALING JAYA, Aug 19 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is conducting a feasibility study on nuclear energy, including small modular reactors (SMRs) to assess their potential as a stable base-load power source, said its Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, Aug 15 (Bernama) -- Figma and Motiff have reached an agreement to resolve their intellectual property (IP) disputes in the United States (US) and Singapore, effective July 23.
KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia has reaffirmed its ambition to become a leading regional cloud and digital hub by 2030 with the launch of the National Cloud Computing Policy (NCCP), a pivotal step in the development of the country's digital ecosystem, said Digital Minister Gobind Singh Deo.
KUALA LUMPUR, Aug 12 (Bernama) -- In a troubling snapshot of the current cybersecurity landscape, Picus Security, in its Blue Report 2025, revealed a sharp decline in global cybersecurity defensive effectiveness despite an alarming rise in the volume and sophistication of cyberattacks.
KUALA LUMPUR, Aug 9 (Bernama) -- For Asia Pacific Economic Cooperation (APEC) economies to realise inclusive growth, women’s safety must be treated as an economic priority, which includes dismantling the structures that enable violence to persist, APEC said.
KUALA LUMPUR, Aug 5 (Bernama) -- Gentari Sdn Bhd via Gentari Renewables Sdn Bhd has inked a power purchase agreement (PPA) with Amazon Web Services (AWS) to supply renewable energy from a 80-megawatt (MW) wind energy project in Tamil Nadu, India.
