9d ago
KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Automotive Association (MAA) is proposing that the government provide a personal income tax rebate for the purchase of electrified vehicles (xEVs) and voluntarily scrapping of old vehicles in the 2027 Budget.
10d 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.
12d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
12d 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.
12d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Masan High-Tech Materials Corporation (MSR) has entered into a strategic partnership with The Elmet Group Co (Elmet), combining a 4.99 per cent equity investment in MSR with multi-year agreements for the procurement and sale of tungsten products.
13d ago
KOTA KINABALU, Sept 24 (Bernama) -- Sabah will exercise full sovereignty over the development of its carbon projects and the collection of state revenues, said Natural Resources and Environmental Sustainability Minister Datuk Seri Arthur Joseph Kurup.
13d ago
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in upstream investments reinforcing its positive outlook.
14d ago
KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.
14d ago
KUALA LUMPUR, Sept 23 (Bernama) -- SunCar Technology Group Inc (SunCar), an innovative leader in artificial intelligence (AI)-powered auto insurance and auto services, has reported net income of US$3.4 million for the six months ended June 30, an improvement of US$8.9 million from a net loss of US$5.5 million in the same period last year. (US$1=RM4.06)
14d ago
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.
14d ago
KUALA LUMPUR, Sept 22 (Bernama) -- A majority, or 56 per cent, of chief economists surveyed expected the global economic outlook to remain stable or improve, a sharp improvement from May, when 89 per cent projected conditions to weaken, said the World Economic Forum (WEF) in its latest Chief Economists’ Outlook - September 2026.
15d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).