Khazanah Reaffirms Progress And Governance At 3Q 2026 Board Meeting
KUALA LUMPUR, Aug 20 (Bernama) -- Khazanah Nasional Bhd held its third Board of Directors meeting for 2026, chaired by Prime Minister Datuk Seri Anwar Ibrahim, today.
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Govt Will Not Consider Core GST Principle, Open To Adjusting SST -- PM Anwar
KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.
Co-opbank Pertama Issues Inaugural RM500 Mln Structured Covered Sukuk
KUALA LUMPUR, Aug 20 (Bernama) -- Co-opbank Pertama Bhd (CBP) has completed the inaugural issuance of RM500 million in Structured Covered Sukuk Wakalah through its special purpose vehicle, Himayah Sukuk Bhd.
S P Setia Second Quarter Net Profit Eases To RM98.05 Mln
KUALA LUMPUR, Aug 19 (Bernama) -- S P Setia Bhd posted a lower net profit of RM98.05 million in the second quarter ended June 30, 2026, compared with RM99.80 million in the same quarter a year ago.
GST Features In SST Can Ease Tax Cascading, Cost Pressures - FMM
KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.
THL Partners Makes Majority Investment In Queue-it
KUALA LUMPUR, Aug 18 (Bernama) -- THL Partners (THL), a private equity firm investing in middle-market growth companies, has announced a definitive agreement for a majority investment in Queue-it, an online traffic orchestration solutions provider.
Subsale House Market To Continue Growing In 2h 2026 -- Juwai IQI
KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s secondary home (subsale) market’s transaction volume is expected to continue to increase and prices to moderately climb in the second half of 2026 (2Q 2026) as more new supply comes onto the market, said real estate agent network Juwai IQI.
Chances Of Tabung Haji Recovering Full Al-Rawda Arbitration Award Balance Low - Expert
KUALA LUMPUR, Aug 18 (Bernama) -- The chances of Lembaga Tabung Haji (TH) recovering the entire outstanding 899 million Saudi riyal (1 Saudi riyal=RM1.09) arbitration award from Al-Rawda Real Estates Development & Project Management Co Ltd are slim, said an expert.
CIMB Niaga Joins Bank Indonesia’s Launch Of KKI Credit Card For QRIS Payments
JAKARTA, Aug 17 (Bernama) -- CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new credit payment option for transactions through the country’s Quick Response Code Indonesian Standard (QRIS) payment system.
99 Speed Mart Net Profit 13.4 Pct Higher To RM163.95 Mln In 2Q 2026
KUALA LUMPUR, Aug 17 (Bernama) -- 99 Speed Mart Retail Holdings Bhd's (99 Holdings) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 13.4 per cent to RM163.95 million from RM144.63 million a year ago.
AM Best Withdraws Zhibao Re Credit Ratings Amid Investor Transition
KUALA LUMPUR, Aug 17 (Bernama) -- Global credit rating agency, AM Best has withdrawn the credit ratings of Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re), as the company has chosen not to participate in AM Best’s interactive rating process for the time being, in light of an investor transition.
SME Financing Conditions Remain Supportive, But Businesses Must Adapt - BNM Governor
KUALA LUMPUR, Aug 12 (Bernama) -- Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses.