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Malaysia Business News

GREATER ECONOMIC INTEGRATION & EXPANSION OF TRADE WITHIN ASIA PACIFIC REGION ACHIEVED AT AEM MEETING

Bernama - Saturday, August 30

SINGAPORE, Aug 29 (Bernama) – In keeping with the Asean spirit, ministers at the recent 40th Asean Economic Ministers Meeting (AEM)and Related Meetings in Singapore, succeeded in achieving greater economic integration and expansion of trade within the Asia Pacific region. More »

Other Stories

  • POS EKSPRES SERVICE GOES INTERNATIONAL

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- Responding to the needs of customers for speedy international mail service, Pos Malaysia Bhd (PMB) has expanded its Pos Ekspres service to international destinations. More »

  • TAX TREATMENT ON GROUP RELIEF ENHANCED TO PROMOTE PRIVATE SECTOR INVESTMENT

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- To further promote private sector investment, the government has proposed that the tax treatment on group relief be enhanced by allowing losses for the purpose of offsetting be increased to 70 percent from 50 percent. More »

  • TAX EXEMPTION ON INCOME OF CORPORATE ADVISORS ON SUKUK ISSUANCE & TRADING

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) – The government today proposed that income tax exemption be given on fees earned by qualified institutions in undertaking activities related to the arranging, underwriting and distributing of non-ringgit sukuk issued in Malaysia and distributed outside Malaysia. More »

  • FDI INFLOW UP TO RM12.2 BLN IN SECOND QUARTER

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- The gross inflow of foreign direct investment (FDI) increased to RM12.2 billion in the second quarter of this year from RM7.1 billion in the first quarter. More »

  • LOWER STAMP DUTY FOR MEDIUM COST HOUSES

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- The cost of home ownership in Malaysia will be further reduced with the government proposing to give a 50 percent stamp duty exemption on loan agreement instruments executed for the purchase of residential properties up to RM250,000, said Prime Minister Datuk Seri Abdullah Ahmad Badawi. More »

  • LOWER TAXES ON DIVIDEND ON FOREIGNERS WILL BOOST REIT MARKET

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- Malaysia's Real Estate Investment Trusts (REIT) can now be at par with Singapore in attracting greater inflows of foreign funds following the reduction in tax on dividends received by foreign institutional investors. More »

  • TAX EXEMPTION PROPOSED ON CORPORATE ADVISORS' FEES FOR FOREIGN LISTING ON BURSA

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) – The government today proposed that tax exemption be given on fees received by corporate advisors for primary, dual and cross listing on Bursa Malaysia. More »

  • MASWINGS TAKES DELIVERY OF FIRST ATR 72-500 AIRCRAFT

    Bernama - Saturday, August 30

    KUALA LUMPUR, Aug 29 (Bernama) -- MASwings, a wholly-owned subsidiary of Malaysia Airlines, today took delivery of its first ATR 72-500 aircraft at a ceremony held in Toulouse, France. More »

  • UNIT TRUST PRICES - 11 (LAST): AUG 29

    Bernama - Saturday, August 30

    UNIT TRUST - 11 (LAST) (MANAGER'S PRICE FOR AUG 30) NAV INVESTMENT LINKED FUNDS: ======================== MAYBAN LIFE ASSURANCE BHD:(UNIT PRICES AS AT AUG 27) --------------------------------------------------- PREMIER EQUITY FUND: 0.515 DANA EKUITI PRIMA: 0.532 PREMIER INCOME FUND: 0.617 DANA PENDAPATAN PRIMA: 0.588 PREMIER INDEX FUND: 0.810 PREMIER CAPITAL GUARANTEE FUND 2: 1.157 PREMIER CAPITAL GUARANTEE FUND 3: 1.183 PREMIER CAPITAL GUARANTEE FUND 5: 1.163 FGLP (PCG6) 1.081 GLOBALEXCEL 1.092 PROPERTY PLUS CG 0.913 FAR EAST GUARANTEED FUND 1.103 CORE CAPITAL GUARANTEED 1.036 CUBE CAPITAL GUARANTEED 0.989 G10FX CAPITAL GUARANTEED 0.922 ASEQ CAPITAL GUARANTEED 0.970 PRECIOUS ASIAN 0.942 PRECOIUS ASIAN 2 0.952 GLOBAL EQUITIES MARKET FUND 1.007 More »