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Finance Bill 2024 To Amend Six Acts Tabled For First Reading

KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.

MATRADE Surpasses RM300 Mln In Trade Prospects At 7th CIIE

KUALA LUMPUR, Nov 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded over RM300 million in trade prospects at the 7th China International Import Expo (CIIE) in Shanghai, exceeding its initial target of RM160 million.  

Hibiscus Petroleum Posts Lower 1Q Net Profit Of RM75.60 Mln

KUALA LUMPUR, Nov 19 (Bernama) -- Hibiscus Petroleum Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2024, slipped to RM75.60 million from RM154.30 million posted in the same quarter last year. 

Anwar’s Brazil Visit Secures RM6.8 Bln Export Potential

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural visit to Brazil has generated export potential worth RM6.8 billion (US$1.57 billion) over the next three to five years.  

Bursa Malaysia Rises Above 1,600 Mark At Midday

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia stopped for the midday break in upbeat mode, rising above the 1,600-point level as investors bought selected heavyweight stocks in industrial products and services, utilities, telecommunications and media.

Malaysia-Brazil Partnership Instrumental For Yinson’s Success

RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.

PM Anwar To Meet Brazilian President, Captains Of Industry

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to hold a bilateral meeting with Brazilian President Luiz Inacio Lula da Silva here Sunday.

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Petronas Invests Another RM7.5 Bln In Pengerang Integrated Complex

JOHOR BAHRU, Nov 14 (Bernama) -- Petroliam Nasional Bhd has made new investments totalling RM7.5 billion at the Pengerang Integrated Complex (PIC) near Kota Tinggi. 

MISC Bhd’s 3Q Net Profit Eases To RM338.90 Mln In 3Q 2024

KUALA LUMPUR, Nov 14 (Bernama) -- MISC Bhd’s net profit eased to RM338.90 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM430.40 million in 3Q 2023.

Dayang Enterprise Shares Up After Securing Two Petronas Carigali Contracts

KUALA LUMPUR, Nov 14 (Bernama) -- Dayang Enterprise Holdings Bhd (Dayang Enterprise) shares rose in early Bursa Malaysia trade today after securing two  Petronas Carigali Sdn Bhd (PCSB) contracts.

Petroluxe To Invest RM3 Bln In Oil Refinery And Petrochemical Complex In Pahang

KUANTAN, Nov 13 (Bernama) -- Petroluxe Refinery (M) Sdn Bhd (Petroluxe), which is owned by investors from China, is expected to invest about RM3 billion to develop an integrated oil refinery and petrochemical complex on 23.96 hectares located in the Gebeng Industrial Area.