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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.

MIDA, MINTRED Launch Sarawak Supply Chain Programme To Link Local Firms With Global Markets

KUALA LUMPUR, Sept 29 (Bernama) -- The Sarawak Government today launched the Sarawak Global Supply Chain and Sourcing Programme 2026 to strengthen industrial linkages, develop local enterprises and enhance Sarawak’s participation in regional and global supply chains.

Gamuda FY2026 Net Profit Rises To RM1.05 Bln, Domestic Construction Earnings Surge 49 Pct

KUALA LUMPUR, Sept 29 (Bernama) -- Gamuda Bhd's net profit increased by five per cent to RM1.052 billion for the financial year ended July 31, 2026 (FY2026), marking its fifth consecutive year of record earnings.

Bursa Malaysia Ends Sharply Lower On Rising Yields, Oil Prices

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.

Cargill Invests Over US$130 Mln To Expand Asia Poultry Operations

KUALA LUMPUR, Sept 29 (Bernama) -- Cargill has announced an investment of more than US$130 million over the next two years to expand its poultry operations across Asia, driven by growing global protein demand and consumer appetite for high-quality cooked poultry products. (US$1 = RM4.08)

All Approvals For Bunkering Licences, Permits To Be Handled By MOT Starting Feb 1, 2027 - Loke

KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Transport (MOT) will be the single lead agency to approve bunkering licences and related permits starting Feb 1, 2027, said its Minister Anthony Loke Siew Fook.

ECRL Extension, Pinglu Canal Set To Enhance Regional Land-sea Connectivity

KUALA LUMPUR, Sept 29 (Bernama) -- The proposed extension of the East Coast Rail Link (ECRL) to Rantau Panjang, Kelantan, will create new opportunities for Malaysia to strengthen regional connectivity, particularly following the opening of China's Pinglu Canal, 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. 

Budget 2027 Must Enhance People’s Ability To Adapt To AI To Boost Nation’s Competitive Advantage - HR Consultant

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia must undertake initiatives in Budget 2027 to accelerate the people’s ability to adapt to the dynamics of artificial intelligence (AI) rather than merely adopting it, a move which will help the country raise its competitive advantage.

Willowglen MSC Secures RM108 Mln Contract

KUALA LUMPUR, Sept 28 (Bernama) -- Willowglen MSC Bhd's wholly owned subsidiary, Willowglen Services Pte Ltd (WSPL), has been awarded a contract valued at about RM108 million for the supply, installation, testing and commissioning of electrical, security and monitoring systems.

Sunsuria Unit To Sell Dengkil Land for RM316.84 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Sunsuria Bhd’s 99.99 per cent-owned subsidiary, Sunsuria City Sdn Bhd, has entered into a sale and purchase agreement (SPA) with Amazon Data Services Malaysia Sdn Bhd to dispose of a parcel of land in Dengkil, Selangor, for approximately RM316.84 million in cash.

Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said.