Ringgit Opens Marginally Higher Vs US Dollar
KUALA LUMPUR, July 4 (Bernama) -- The ringgit opened marginally higher against the US dollar amidst improving United States (US) economic data, which supported the greenback, said an analyst.
There are 109 news based on search keyword " rationalisation"
Targeted Expansion Of Scope Of SST To Control Cascading Effect Of Prices -- Amir Hamzah
KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025
KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.
SME Bank’s RM211 Mln Strategic Initiative To Support MSME Growth – Amir Hamzah
KUALA LUMPUR, June 26 (Bernama) -- The launch of a strategic initiative worth RM211 million by Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is set to support the sustainable and inclusive growth of the micro, small, and medium enterprises (MSMEs) segment.
Rakuten Trade Lowers FBM KLCI 2025 Target To 1,630 Amid Earnings Downgrade
KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin.
Auto Sector To Have Minimum Impact From SST Expansion -- CIMB Securities
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Petronas Backs Fuel Subsidy Reform To Support Energy Transition
KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.
Bursa Malaysia Remains Lower At Midday As Profit-taking Continues
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts.
Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar
KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim.
Bursa Malaysia Declines 0.56 Pct At Midday As Washington's Tariff Plan Weighs On Sentiment
KUALA LUMPUR, June 13 (Bernama) -- Investor confidence remains under pressure amid a fragile global trade environment, as Washington announced its intention to send letters outlining unilateral tariffs to trading partners within two weeks, adding to existing economic uncertainties.
Petronas Not Exiting Canada, Says Group CEO
KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.