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There are 125 news based on search keyword " mechanism"

BNM Imposes Penalties On Three Companies For Non-compliance Amounting To RM40,400

KUALA LUMPUR, Sept 30 (Bernama) -- Bank Negara Malaysia (BNM) imposed administrative monetary penalties (AMPs) of RM22,000 on Wawasan Ilham (M) Sdn Bhd (WISB) and RM6,900 on SMJ Teratai Sdn Bhd for failing to comply with customer due diligence (CDD) requirements.

Budget 2027 An Opportunity To Boost Government-Industry AI Collaboration – AWS

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 30 (Bernama) -- Budget 2027 offers an opportunity to strengthen government-industry collaboration and boost Malaysia’s artificial intelligence (AI) capabilities, said Amazon.com company, Amazon Web Services (AWS).

KPMG Malaysia Calls For Targeted Input Tax Credit, Timely Refunds If GST Features Added To SST

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.

Malaysia Can Consider Lifelong Retirement Income Mechanism -- Singapore CPFB

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.

BNM Considers Greater Risk-taking To Support Energy Transition - Governor

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.

MOT Seeks Tax Incentives To Encourage Local Shipbuilding, Vessel Repairs

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.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

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. 

BPMB Calls For Targeted Financing, MSME Support In Budget 2027

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. 

TNB Navigates Rising Generation Costs Under Regulated Power Framework

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.

Decision On Abolition Of 30 Pct IPS Equity Requirement Under Relevant Ministry’s Purview - Akmal Nasrullah

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.

AGC Biologics, Flen Health Partner On Wound Treatment Development

KUALA LUMPUR, Sept 24 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has been selected by Belgian biopharmaceutical company Flen Health as its CDMO partner to provide process development, scale-up and Good Manufacturing Practice (GMP) manufacturing services for a new and improved wound and skin healing product.

REHDA Seeks Enhanced Housing Credit Guarantee Scheme, Stamp Duty Relief In Budget 2027

KUALA LUMPUR, Sept 23 (Bernama) -- Enhancing the Housing Credit Guarantee Scheme (SJKP) and introducing improved financing structures are among the proposals made by the Real Estate and Housing Developers’ Association (REHDA) Malaysia for Budget 2027.