14d ago
By Niam Seet Wei
KUALA LUMPUR, Sept 30 (Bernama) -- A targeted input tax credit mechanism for business-to-business transactions should be considered if selected goods and services tax (GST) features are incorporated into the sales and service tax (SST) framework, said KPMG Malaysia.
14d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia’s key index rebounded to open higher on Wednesday as bargain hunting emerged after recent losses, despite negative cues from Wall Street.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
15d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.
15d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia ended sharply lower on Tuesday as the market succumbed to selling pressure amid surging bond yields and elevated oil prices, which continued to undermine risk appetite.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Menos AI has announced a new US$5.1 million Pre-A financing, bringing the total funding to more than US$10 million, led by returning investor Copper Sky Capital, with participation from Alpha Square Group. (US$1 = RM4.08)
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Bank Negara Malaysia (BNM) is considering giving financial institutions more room to take on higher risks responsibly to support the energy transition, Governor Datuk Seri Abdul Rasheed Ghaffour said.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The ninth China·Nanning Overseas Talent Innovation and Entrepreneurship Competition 2026 concluded in Nanning, awarding six first prizes, 10 second prizes, 14 third prizes, 20 excellence awards and five ASEAN Cooperation Potential Awards.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.
15d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.
15d ago
ROMPIN, Sept 28 (Bernama) -- Tourism operators on Tioman Island hope Budget 2027 will strengthen the island’s economy and tourism industry through improved transport access and basic infrastructure to support local growth.