SHAH ALAM – Akin to a new chapter in the book of money, the notion of a central bank digital currency (CBDC) has taken centre stage in Malaysia’s ever-evolving world of finance, with proponents …
Hong Kong’s Financial Secretary Engages in Key Financial Talks in Morocco
Financial Secretary of Hong Kong, Paul Chan, recently engaged in strategic talks with the central bank governor of Malaysia and representatives from various financial institutions during his visit to …
Hong Kong’s Financial Secretary Engages in Key Financial Talks in Morocco
Financial Secretary of Hong Kong, Paul Chan, recently engaged in strategic talks with the central bank governor of Malaysia and representatives from various financial institutions during his visit to …
Malaysia’s 2024 Budget: A Step Towards a Better Future
In a move reflecting the interests of all Malaysians, the Government has unveiled its 2024 Budget. The budget is a testament to the country’s commitment to sustainability and well-being, endorsing the …
Deloitte, Ernst & Young: With Malaysia’s new capital gains tax, real property gains tax needs amendment to avoid double taxation
The Malaysian government will need to make changes to avoid collecting taxes twice after it introduces Capital Gains Tax (CGT) in March next year, tax advisory firms Deloitte and Ernst & Young have …
Malaysia’s new 8pc service tax rate increases govt coffers without GST comeback, but may up consumers’ costs, tax firms say
The Malaysian government will be able to increase its revenue for the country’s spending without bringing back the Goods and Services Tax (GST), by opting to instead hike the service tax to 8 per cent …
Islamic finance and business: Understandings from Sharia law
According to the Islamic Finance Development Report 2019, the Islamic finance industry’s assets increased by 3% in 2018 to $2.5 trillion from $2.4tn in 2017. Iran, Saudi Arabia, and Malaysia were the …
Malaysia says TikTok fails to fully comply with local laws
TikTok has not done enough to curb defamatory or misleading content in Malaysia, the communications minister said on Thursday, adding that the short video application had also failed to comply with several,
Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it’s premature
The Malaysian government has questioned a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund.
TikTok to take proactive steps to address issues in Malaysia
Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government said the app was not fully compliant with local laws.