LATEST NEWS   No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | 

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Vista Explores Southeast Asia’s Ultra-Luxury Boom At Exclusive Singapore Panel

KUALA LUMPUR, June 20 (Bernama) -- Vista, the parent company of VistaJet and XO, has hosted a panel discussion in Singapore to explore shifting lifestyle and investment trends among Southeast Asia’s ultra-high-net-worth individuals (UHNWIs).

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

AkzoNobel Launches New R&D Centre In Nilai

SEREMBAN, June 19 (Bernama) -- AkzoNobel has launched its research and development (R&D) centre in Nilai, reinforcing its long-term commitment to innovation, sustainability and growth in the Southeast Asian region.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

CIMB Securities Overweight On Healthcare Sector Due To Its Defensive Nature

KUALA LUMPUR, June 20 -- CIMB Securities Sdn Bhd has maintained an "Overweight" call on Malaysia’s healthcare sector premised on its defensive nature and resilient demand.

Bank Islam Unveils IFiRST To Help Companies Adopt Sustainable Practices

KUALA LUMPUR, June 19 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) has unveiled IHSAN Financing for Business Resilience, Sustainability and Green Transition (IFiRST) to empower businesses, particularly small and medium enterprises and mid-tier companies, in adopting more sustainable and resilient practices.

IMFC-J Records Over 400 Investment Enquiries With RM16.71 Bln In Committed Investments

ISKANDAR PUTERI, June 19 (Bernama) -- The Invest Malaysia Facilitation Centre-Johor (IMFC-J) has received a total of 439 investment-related enquiries within just five months since its launch in February this year.

Malaysia-Japan Relations Deepen Through Values, Trust And Investment - PM Anwar

ISKANDAR PUTERI, June 19 (Bernama) -- Malaysia’s long-standing ties with Japan are being further fortified beyond investment and technological collaboration, rooted instead in shared values, cultural appreciation, and growing mutual trust, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Closes Lower In Sync With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.

Jumio Unveils Advanced Biometric Solution For Enhanced Digital Identity Fraud Detection

KUALA LUMPUR, June 19 (Bernama) -- Jumio, a leader in artificial intelligence (AI)-powered identity intelligence, has announced the general availability of its most advanced biometric liveness detection solution to date, Jumio Liveness Premium with advanced deepfake detection.

Cloudflare's Log Explorer Simplifies Security, Performance Monitoring

KUALA LUMPUR, June 19 (Bernama) -- Cloudflare Inc, the leading connectivity cloud company, has announced the general availability of its Log Explorer to help give businesses instant access to critical security and performance insights across their information technology (IT) environments.

Wide Agro Ventures, Japan’s Orec To Invest RM30 Mln In Perak Production Hub

KUALA LUMPUR, June 19 (Bernama) -- Wide Agro Ventures Sdn Bhd has partnered with Orec Co Ltd, a company headquartered in Fukuoka, Japan, to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak with an initial investment of RM30 million.