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.

Proton: Long-Term Auto Policy, Comprehensive Vehicle Renewal Framework Needed In Budget 2027

KUALA LUMPUR, Sept 30 (Bernama) -- Proton Holdings Bhd is calling for a long-term and technology-inclusive automotive policy in Budget 2027 to support the industry’s transition towards electrified vehicles (xEVs).

CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weak regional vegetable oil markets, including the Dalian Commodity Exchange.

EPF Contributors Need Minimum RM100,000 Savings At Age 55 For Retirement - Researcher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.

MDEC CEO Anuar Fariz Fadzil To Conclude Two-year Tenure

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia Digital Economy Corporation (MDEC) chief executive officer Anuar Fariz Fadzil will conclude his tenure after completing his two-year contract on Oct 2, 2026.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

KLCI Futures End Lower

KUALA LUMPUR, Sept 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Tuesday.

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.

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.

Menos AI Secures US$5.1 Mln Financing, Total Funding Tops US$10 Mln

KUALA LUMPUR, Sept 29 (Bernama) -- Menos AI has announced a new US$5.1 million Pre-A financing, bringing the total funding to more than US$10 million, led by returning investor Copper Sky Capital, with participation from Alpha Square Group. (US$1 = RM4.08)

GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

Nanning Competition Awards Innovation And Entrepreneurship Projects, Boosts ASEAN Focus

KUALA LUMPUR, Sept 29 (Bernama) -- The ninth China·Nanning Overseas Talent Innovation and Entrepreneurship Competition 2026 concluded in Nanning, awarding six first prizes, 10 second prizes, 14 third prizes, 20 excellence awards and five ASEAN Cooperation Potential Awards.