Govt Has No Plans To Review Five-Cent Rounding Mechanism — Amir Hamzah
BATU KAWAN, Sept 22 (Bernama) -- The government has no plans, for now, to review the rounding mechanism to the nearest five cents, which has been in place since 2008.
| LATEST NEWS | Govt to review fully imported EVs to protect national automotive ecosystem – Johari | F&N posts lower net profit of RM112.19 million for 1Q FY2026 | Menara Merdeka 118 officially launched as Malaysia’s first MD Nexus - Gobind | Digital Ministry to focus on 6 impactful areas to accelerate digital transformation in 1H 2026 - Gobind | The ringgit strengthened to its best level in almost eight years at 3.92 against the US dollar as at Jan 28, 2026, remaining as one of Asia's best-performing currencies -- Amir Hamzah | |
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FICO Poll: Only 11 Pct Of APAC Banks Highly Advanced In Hyper-Personalisation
KUALA LUMPUR, Sept 22 (Bernama) -- Despite widespread adoption of predictive analytics, only 11 per cent of banks in Asia Pacific (APAC) consider their hyper-personalisation strategies to be highly advanced, according to an industry poll conducted by global analytics software leader FICO.
BHPetrol Engine Oil Awarded SIRIM Pure Product Certification
KUALA LUMPUR, Sept 22 (Bernama) -- Boustead Petroleum Marketing Sdn Bhd (BHPetrol) engine oil has officially received the SIRIM Pure Product Certification License from SIRIM QAS International, thus further strengthening the brand’s position in the national engine oil market.
Kenanga, Maybank Maintain Calls On Bermaz Auto, Cut Target Prices On Earnings Risk
KUALA LUMPUR, Sept 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained a 'market perform' call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility.
SST Expanded, Low-value Goods Tax Retained To Ensure Stable Revenue, Fair Competition - Lim
KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.
Farm Fresh Hopes Budget 2026 To Sustain Essential Spending, Refine Sugar Tax
KUALA LUMPUR, Sept 9 (Bernama) -- Johor-based dairy product specialist Farm Fresh Bhd hopes that the upcoming Budget 2026 will maintain funding to support household spending on essential goods while addressing health-related policies, such as sugar taxation.
Wellous, Korea Ginseng Corporation Ink Partnership To Drive Health, Wellness Growth In Asia
KUALA LUMPUR, Sept 8 (Bernama) -- Wellous Sdn Bhd, owner of Malaysian health brand Wellous, has signed a memorandum of understanding (MoU) with Korea Ginseng Corporation (KGC) to explore joint commercial models and market development for the Jung Kwan Jang brand across selected Asian markets.
Consumer Credit Act 2025 To Be Gazetted By Year-end
PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.
PETRA Invites Participation In ENEGEM Auction 2025
PUTRAJAYA, Sept 5 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is inviting interested parties, including electricity generation, retail, and wholesale licensees in Singapore to participate in the Energy Exchange Malaysia (ENEGEM) Auction 2025.
Ringgit Opens Higher Vs Greenback Ahead Of BNM Policy Meeting, US Non-farm Payrolls
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday.
Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF
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.
Govt Revises SAC, CAC Rates To Boost Corporate Green Electricity Access
PUTRAJAYA, Aug 29 (Bernama) -- The government has revised the System Access Charge (SAC) and Community Access Charge (CAC) rates for the 4th Regulatory Period, in line with the implementation of a new, more transparent and progressive electricity tariff schedule.