| 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. | |
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).
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.
KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.
KUALA LUMPUR, June 19 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects only minimal direct impact from the US tariffs threat for Scientex Bhd as the group has a manufacturing plant in the United States, making its exports to the US below five per cent of its total revenue.
KUALA LUMPUR, June 18 (Bernama) -- Scientex Bhd recorded a lower net profit of RM123.87 million for the third quarter (3Q) ended April 30, 2025, compared with RM130.50 million in the same period a year ago.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended a choppy but directionless trading session, with the index moving in a narrow range, amid global uncertainties, as investors refrained from taking long positions.
KUALA LUMPUR, June 18 (Bernama) -- As urban mobility becomes increasingly unsustainable amid growing populations and emissions, Prasarana Malaysia Bhd is rising to the challenge by focusing on transit-oriented development (TOD) — a model that clusters residential, commercial, and civic spaces within walking distance of public transport hubs.
KUALA LUMPUR, June 17 (Bernama) -- Mimos Bhd, an innovation centre under the Ministry of Science, Technology and Innovation (MOSTI), has signed a tripartite memorandum of understanding (MoU) with Uzbekistan’s Ministry of Economy and Finance and Uzeltexsanoat (UzETS).
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said.
KUALA LUMPUR, June 17 (Bernama) -- Anaqua, a leading provider of innovation and intellectual property (IP) management technology, announced that European IP law firm Gevers has implemented the AQX Law Firm platform.
KUALA LUMPUR, June 17 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor Siris have signed a comprehensive recapitalisation agreement with Mavenir’s lenders to significantly enhance the company’s financial foundation.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.
