[KUALA LUMPUR] The majority of property agents in Malaysia say they are upbeat about the real estate sector’s outlook for 2024, with many anticipating that residential prices and rentals will increase …
Finance Ministry defends exemption, says to stop ship, plane owners from registering abroad as Malaysia’s neighbours don’t tax leases
The service tax exemption on ship and aircraft leasing was not done discreetly, with the exemption aimed at maintaining local industry …
Black Hawk out: Malaysia’s king orders halt of chopper deal, warns officials not to ‘fool’ him
KUALA LUMPUR: Malaysia’s King Sultan Ibrahim Sultan Iskandar has ordered the government to scrap its plan to procure Black Hawk helicopters that are over 30 years old, likening them to “flying coffins …
Malaysia cracks down on IS network: 2 Bangladeshis charged with terrorism, 36 were held last month
Two Bangladeshi men, Md Mamun Ali and Refat Bishat, were charged in Malaysia with terrorism-related offences linked to IS. Mamun supported IS on Facebook; Bishat had an IS flag image …
Domestic demand powers Malaysia’s Q2 GDP up 4.4% amid export slump
KUALA LUMPUR] Malaysia’s domestic demand shielded the economy from a sharper slowdown in the second quarter, and helped deliver a 4.4 per cent year-on-year growth – despite tumbling net exports and …
Domestic demand drives Malaysia’s Q2 GDP up 4.4% amid export slump
KUALA LUMPUR] Malaysia’s domestic demand shielded the economy from a sharper slowdown in the second quarter, and helped deliver a 4.4 per cent year-on-year growth – despite tumbling net exports and …
Bank Negara to issue open finance exposure draft soon, finalise policy by next year – governor
Bank Negara Malaysia (BNM) will release an Exposure Draft on Open Finance soon and finalise the policy by next year, with the first phase to be rolled out in the interim, subject to industry and …
Fitch expects ASEAN Islamic finance to hit $1 trillion by 2026
Fitch Ratings forecasts the ASEAN Islamic finance industry will reach $1 trillion by 2026, driven by growth in Malaysia, Indonesia, and Brunei, despite fragmented demand in other nations.
Takaful Malaysia in RM1bil sukuk proposal
Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a tier-two subordinated sukuk programme of up to RM1bil in nominal value based on the syariah principle of …
Starbucks, Pizza Hut, KFC Still In Boycott Crosshairs In Indonesia, Malaysia Over Israel-Gaza War: Report
Starbucks, Pizza Hut, KFC, and other U.S. brands continue to face boycotts in Muslim-majority Indonesia and Malaysia for their perceived links to Israel, two years into the Gaza war, according to a …