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Posted on June 25, 2025

Malaysia’s banks to impose 8pc service tax on financial services starting July 1

Member banks of Malaysia’s banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, ...

Posted on June 25, 2025

Malaysia has buffers to weather capital outflows – Abdul Wahid

Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) ...

Posted on June 25, 2025

Malaysia has buffers to weather capital outflows – Abdul Wahid

Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) ...

Posted on June 25, 2025

Banks assure public of exemptions for current, savings accounts as service tax begins on financial services from July 1

Basic banking services such as current and savings account-related charges will remain exempt from the upcoming service tax on financial services, ...

Posted on June 25, 2025

Banks assure public of exemptions for current, savings accounts as service tax begins on financial services from July 1

Basic banking services such as current and savings account-related charges will remain exempt from the upcoming service tax on financial services, ...

Posted on June 25, 2025

Malaysia to Boost Venture Capital With Tax Incentives

Malaysia is dangling new tax incentives to investors to boost its venture capital industry, according to Second Finance Minister Amir Hamzah Azizan.

Posted on June 25, 2025

South Korea’s central bank wants gradual stablecoin rollout

The Bank of Korea governor Ryoo Sangdai reportedly floated an idea for banks to be the primary issuers of stablecoins in South Korea before gradually rolling out to other sectors.

Posted on June 25, 2025

Filipinos demand end to Japan’s fossil fuel financing in Asia

Filipino activists marched on the streets of national capital Manila to urge Japanese financial institutions to stop funding fossil fuel projects in Asia, accusing them of aggravating the global ...

Posted on June 25, 2025

Japan seals offshore wind deal with Siemens Gamesa

Japan has announced a new cooperative framework with Spanish-German energy company Siemens Gamesa Renewable Energy to enhance the country’s offshore wind sector. The public-private deal is part of a ...

Posted on June 25, 2025

UK reaffirms commitment to strengthening economic ties with Bangladesh

The United Kingdom (UK) remains steadfast in its commitment to deepening its partnership with Bangladesh, particularly in expanding bilateral trade and investment, according to Sarah Cooke, British ...

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