5h ago
KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026, broadly in line with the government’s fiscal projections.
3d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s gross domestic product (GDP) growth projection for 2026 is between 4.0 and 4.5 percent, taking into account the slightly slower global economic environment, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
3d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to review tax incentives for venture capital companies (VCCs), venture capital management companies (VCMCs), and individual shareholders of VCCs to further encourage investment by VCCs.
4d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
4d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.
4d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd is seeking to expedite tax refunds for excess payments to improve cash flow and enhance operational efficiency.
5d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd has returned to profitability, posting a net profit of RM109.07 million for the financial year ended Aug 31, 2025 (FY2025), compared with a net loss of RM64.88 million a year earlier.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.
8d ago
KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.
8d ago
KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.
11d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2026 will reinforce the government’s commitment to strengthening fiscal space, said MBSB Investment Bank Bhd (MBSB IB) today.
12d ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 1 (Bernama) – Tenaga Nasional Bhd (TNB) has won the prestigious “The Edge Billion Ringgit Club Awards 2025” (BRC Awards) for having the highest shareholder returns over three years in the Super Big Cap, or above RM40 billion market capitalisation, category.