Income Tax Deduction Proposed For Sukuk Prisma Issuance Costs

KUALA LUMPUR, Oct 12 (Bernama) -- Income tax deductions are proposed for the issuance cost of Sukuk Prisma approved or authorised by the Securities Commission Malaysia (SC) or lodged with SC for the assessment years 2027 to 2030.

Going Asset Management Recognised For Financial Technology Innovation

KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative investment research and development capabilities, and fund performance.

Budget 2027 Effectiveness Depends On Prompt Aid Distribution, Government Coordination – Economist

KUALA LUMPUR, Oct 12 (Bernama) -- The effectiveness of implementing Budget 2027 depends on how promptly the government disburses aid and how well the federal government, state governments and local authorities coordinate their efforts to reduce the bureaucratic burden on businesses, said an economist.

Yuhang Zone Positions Itself As Smart Manufacturing Hub

KUALA LUMPUR, Oct 12 (Bernama) -- The fifth Global Digital Trade Expo was held in Hangzhou, east China’s Zhejiang Province, gathering over 2,000 global companies to showcase cutting-edge applications of artificial intelligence in digital trade.

Budget 2027: MSME Income Tax Rate Proposed To Be Reduced By One Percentage Point

KUALA LUMPUR, Oct 12 (Bernama) -- The income tax rate for micro, small and medium enterprises (MSMEs) is proposed to be revised, including a one percentage point reduction for the two lowest taxable income bands, effective from the 2027 assessment year.

Budget 2027: Stamp Duty Remission For Mid-tier Companies' Financing Proposed

KUALA LUMPUR, Oct 12 (Bernama) -- Stamp duty remission exceeding RM10 has been proposed for second-tier agreements between mid-tier companies (MTCs) and financial institutions involving excess credit facilities extended to micro, small and medium enterprises (MSMEs), for the period from Jan 1, 2027 to Dec 31, 2030.

KLIA To Conduct Full-scale Emergency Exercise On Wednesday – MAHB

SEPANG, Oct 12 (Bernama) -- Kuala Lumpur International Airport (KLIA) will conduct a full-scale emergency exercise, Ex Perisai Panthera 2026, on Runway 2 on Oct 14.

Levoit Singapore Donates SG$18,000 To SPCA For Animal Welfare

KUALA LUMPUR, Oct 12 (Bernama) -- Levoit Singapore has secured an SG$18,000 donation for its “Home for Paws, Air for All” campaign, marking the conclusion of a three-month campaign, which ran from April to June 2026. (SG$1=RM3.18)

Budget 2027 Boosts Investor Confidence, Widens Economic Benefits - MIDA

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 will provide long-term confidence for investors, strengthen the industrial ecosystem, and ensure that small and medium enterprises (SMEs) and the local workforce widely share the economic benefits, according to the Malaysian Investment Development Authority (MIDA).

Budget 2027: Tax Relief For Care Of Pets Includes Vaccination, Sterilisation

KUALA LUMPUR, Oct 12 (Bernama) -- The government proposes expanding the scope of individual income tax relief for lifestyle to include pet care expenses, such as vaccinations and sterilisation treatments by registered veterinary services.

BILTIR Conference Draws More Than 750 Global Insurance Leaders 

KUALA LUMPUR, Oct 12 (Bernama) -- More than 750 executives, regulators, policymakers and industry leaders from 15 countries attended the 2026 Bermuda International Life & Annuity Conference, organised by Bermuda International Long Term Insurers and Reinsurers (BILTIR) recently.

Rubber Market Ends Higher, SMR 20 Hits 1,074.5 Sen Per Kg

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 12 (Bernama) -- The Kuala Lumpur rubber market finished higher on Monday, with Standard Malaysian Rubber 20 (SMR 20) climbing 13.5 sen to hit 1,074.5 sen per kilogramme (kg), its highest level since May 9, 2012.