Opposition members yet again unanimously dressed in white to the parliament today for the announcement of the Malaysia Madani 2024 Budget. Checks by Sinar Daily found many opposition leaders clad in …
Brunei Shell Petroleum launches legal action against Sapura Energy
Brunei Shell Petroleum (BSP) has launched legal action against Sapura Energy in the Singapore International Arbitration Centre (SIAC), seeking damages from the Malaysian company relating to two …
Malaysia’s Economic Strategy: A Gradual Phase-Out of Subsidies
The Malaysian government has offered a glimpse into its economic strategy for the coming years, revealing a plan to gradually phase out subsidies rather than eliminate them all at once. This strategy, …
India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia’s emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
Malaysia Budget 2024: What you need to know
Prime Minister and Minister of Finance, Anwar Ibrahim, announced Malaysia’s Budget 2024 on 13 October 2023 (Friday), what he said would be the highest ever tabled budget, amounting to RM393.8bn.
Brunei Shell Petroleum seeks damages from Sapura Energy
Brunei Shell Petroleum (BSP) has launched legal action against Sapura Energy in the Singapore International Arbitration Centre (SIAC), seeking damages from the Malaysian company relating to two …
Budget 2024: Easing MM2H rules, more infra projects to offset impact of 4% stamp duty on MOT to foreign property buyers, says MIDF Research
The relaxation of Malaysia My Second Home (MM2H) rules, more infrastructure projects and expansion of the Skim Jaminan Kredit Perumahan (SJKP) will offset the impact of a flat 4% stamp duty on …
Malaysia’s Prime Minister Calls for Salary Scheme Overhaul Amid Economic Reforms
The late afternoon sun poured through the windows of Putrajaya, Malaysia’s administrative capital, as Prime Minister Anwar Ibrahim, simultaneously the country’s finance minister, made a bold call to …
Lifting foreign property investments
Additionally, AmInvestment Bank said the potential positive revisions are expected to attract a larger number of foreign property purchasers and address overhang issues in Malaysia, particularly in …
Bursa Malaysia Experiences Drop Amidst the Struggle of Print Shops
The Malaysian stock exchange, Bursa Malaysia, was not spared the wrath of the late afternoon bear, as the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.52 points to 1,438.62 from Friday’s close at 1,444.