KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.
KUALA LUMPUR, Oct 13 (Bernama) -- The government has been asked to review corporate tax reliefs especially for companies that record windfall profits but maintain a very large salary gap between top management and the lower-level employees.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
KUALA LUMPUR, Oct 11 (Bernama) — The creation of SemiconStart, a new incubator programme for semiconductor startups is seen as a positive and timely initiative to help build Malaysian champions in the electrical and electronics (E&E) sector, said the Malaysia Semiconductor Industry Association (MSIA).
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2026 reinforces the government’s commitment to strengthening tax governance and anti-leakage measures, reflecting continued efforts to enhance fiscal transparency and enforcement, said PwC Malaysia.
KUALA LUMPUR, Oct 11 (Bernama) -- The Selangor Smart City and Digital Economy Convention (SDEC) 2025 highlighted artificial intelligence (AI) as global innovators, startups, and policymakers gathered at the AI Innovation Conference 2025 here.
KUALA LUMPUR, Oct 11 (Bernama) -- Khazanah Nasional Bhd will continue to support the government’s strategic investment agenda in priority areas such as semiconductors, energy transition, and rare earths, while fostering collaboration between local firms and multinational partners in the semiconductor sector.
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s bold move to introduce ASEAN Business Entity (ABE) status in the 2026 Budget reflects his strong commitment to advancing regional integration and giving real substance to Malaysia being the “gateway to ASEAN”.
KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to expand the existing tax deduction for listing expenses — currently set at RM1.5 million and available to technology-based companies and micro, small, and medium enterprises (MSMEs) — to also include MSMEs in the energy and utilities sectors.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 balances fiscal consolidation with fairness and competitiveness, according to Institute of Chartered Accountants in England and Wales (ICAEW) members.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).
