Economist Backs Hybrid SST, Calls For Input Tax Credit Mechanism

By K. Naveen Prabu

KUALA LUMPUR, Aug 20 (Bernama) -- An economist has backed the proposal for a hybrid sales and service tax (SST) system, saying the mechanism should incorporate input tax credits to reduce tax cascading.

Takaful Malaysia 2Q Net Profit Rises To RM88.83 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) posted a higher net profit of RM88.83 million in the second quarter of 2026 (Q2 2026), up from RM83.82 million a year earlier, while revenue rose to RM1.16 billion from RM1.01 billion.

Japan Maritime Daily To Host Singapore Seminar On Emerging Transport Demands

KUALA LUMPUR, Aug 20 (Bernama) -- The Japan Maritime Daily (JMD), Japan’s leading maritime newspaper, will host an international seminar in Singapore on Oct 5, focusing on “Emerging Transport Demands”.

Malaysia Airlines Confirms Flight MH89 Cancelled After Technical Issue, All Onboard Safe

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia Airlines today confirmed that flight MH89, bound for Kuala Lumpur from Tokyo Narita International Airport, discontinued takeoff this morning following a technical issue involving one of its engines.

Segamat Inland Port Targets More Than 6,000 TEUs Until Year-End

By Kamarul Halim M Kamal

SEGAMAT, Aug 20 (Bernama) -- Segamat Inland Port (SIP) aims to handle over 6,000 twenty-foot equivalent units (TEUs) of containers by the end of this year, following the resumption of its operations in late June.

Malaysia To Review New Investment Applicants To Ensure Domestic Economy Benefits -- Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

Sunway Healthcare 2Q Net Profit Jumps To RM78.15 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Healthcare Holdings Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) leapt to RM78.15 million from RM41.38 million a year earlier.

Kossan Rubber's 2Q Net Profit Rises To RM64.47 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Kossan Rubber Industries Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) had more than doubled to RM64.47 million from RM31.15 million in 2Q 2025, supported by improved performance across its divisions.

Malaysia Seeks REE Investors To Share Technology, Develop Full Supply Chain - Johari

IPOH, Aug 20 (Bernama) -- Malaysia wants investors exploring rare earth element (REE) opportunities in the country to bring and share their technology and participate directly across the entire supply chain, from upstream to downstream activities.

Exclaimer Streamlines Email Signature Services With MSP Connect

KUALA LUMPUR, Aug 20 (Bernama) -- Exclaimer, the leader in email signature management, has launched MSP Connect, a new partner programme enabling managed service providers (MSPs) to provision, manage and grow centralised email signature services across multiple customer environments.

Ryt Bank Marks First Anniversary With 1.5 Mln Customers

KUALA LUMPUR, Aug 20 (Bernama) -- Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.