15d ago
By Niam Seet Wei
KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business.
16d ago
KUALA LUMPUR, Sept 28 (Bernama) -- Poh Kong Holdings Bhd’s net profit rose 59.7 per cent to RM193.37 million for the financial year ended July 31, 2026 (FY2026), from RM121.10 million a year earlier.
16d ago
By Karina Imran
KUALA LUMPUR, Sept 28 (Bernama) -- Bank Pembangunan Malaysia Bhd Group (BPMB Group) has called for Budget 2027 to prioritise targeted measures that improve access to working capital and provide repayment flexibility for viable businesses affected by geopolitical developments and rising costs.
17d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) role at the centre of Peninsular Malaysia's electricity system extends beyond that of a conventional profit-driven business, with tariffs, expenditure and returns governed by a regulated framework while the utility firm maintains critical power infrastructure.
18d ago
SUBANG JAYA, Sept 26 (Bernama) -- The decision on the abolition of the 30 per cent Bumiputera equity requirement for private educational institutions (IPS) falls under the purview of the relevant ministry in accordance with its jurisdiction, said Economy Minister Akmal Nasrullah Mohd Nasir.
19d ago
KUALA LUMPUR, Sept 25 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.
20d ago
From Harlina Samson
HANGZHOU, Sept 24 (Bernama) -- The MADANI government is finalising follow-up measures to address the concerns of local micro, small and medium enterprises (MSMEs) affected by competition from foreign e-commerce platforms, said Prime Minister Datuk Seri Anwar Ibrahim.
20d ago
KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist.
20d ago
KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.
20d ago
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s economy could expand by an average 5.7 per cent in 2026, exceeding official forecasts, driven by stronger manufacturing, construction and investments, said two economists.
21d ago
KUALA LUMPUR, Sept 23 (Bernama) -- Rimbunan Sawit Bhd estimates that a disruption to operations at its Ulu Teru Estate has reduced revenue by approximately RM10 million.
21d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market extended gains for a third consecutive day on Wednesday, supported by firmer regional rubber futures, optimism over US-China and US-Iran talks, and tighter supply due to adverse weather, a dealer said.