Customs: Deposits, withdrawals not charged GST

By RUPA DAMODARAN - Monday, 30 March 2015.

PUTRAJAYA: The Goods and Services Tax (GST) for the finance and banking sector is based on fees and not on the amount transacted.


Astro pre-tax profit rises to RM720.9m

Monday, March 30, 2015 - 21:35

KUALA LUMPUR: Astro Malaysia Holdings Bhd’s pre-tax profit for financial year ended Jan 31, 2015 (FY15) rose to RM720.88 million from RM569.23 million in the previous year.

MoF: Netting of Financial Agreements Act 2015 comes into force today

Monday, March 30, 2015 - 17:51

KUALA LUMPUR: The Netting of Financial Agreements Act 2015, which provides a legal framework governing close-out netting for financial transactions in Malaysia, comes into force, effective today.

KL shares end higher, CI up 8.46pts

Monday, March 30, 2015 - 17:38

KUALA LUMPUR: Shares on Bursa Malaysia ended higher today with the FTSE Bursa Malaysia KLCI (FBM KLCI) adding 8.46 points, lifted by gains in heavyweights.

ACCCIM foresees recovery in Malaysian exports this year

Monday, March 30, 2015 - 15:50

KUALA LUMPUR: The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) foresees a recovery in exports with the weak ringgit and stronger growth in the United States.

Sultan of Selangor wants water restructuring agreement finalised immediately

Monday, March 30, 2015 - 15:31

SHAH ALAML: The Sultan of Selangor, Sultan Sharafuddin Idris Shah wants the restructuring agreement for water industry services in the state to be finalised immediately according to the main agreement signed by the state and federal governments on Sept 12, 2014.

BHIC gets additional RM531m Govt contract

Monday, March 30, 2015 - 15:22

KUALA LUMPUR, March 30 (Bernama) - Boustead DCNS Naval Corp Sdn Bhd, a 60 per cent-owned unit of Boustead Heavy Industries Corp Bhd (BHIC), has received an additional contract with a ceiling value of RM531.2 million from the Malaysian government.

Datasonic subsidiary awarded RM32m contract

Monday, March 30, 2015 - 15:17

KUALA LUMPUR: Datasonic Group Bhd’s wholly-owned unit, Datasonic Technologies Sdn Bhd, has received a letter of award from the Home Affairs Ministry to undertake maintenance services for personalisation process at the National Registration Department worth RM32.56 million.

PM launches set of GST guidelines

Monday, March 30, 2015 - 14:57

PETALING JAYA: Prime Minister Datuk Seri Najib Razak today launched a set of guidelines on the Goods and Services Tax (GST) to help the people better understand the taxation system to be implemented on April 1.

China welcomes Denmark, Australia to AIIB

Monday, March 30, 2015 - 14:38

BEIJING: China’s Ministry of Finance welcomed the decision by Denmark and Australia to join the China-led Asian Infrastructure Investment Bank (AIIB).

MMC to list Malakoff in May

Monday, March 30, 2015 - 12:41

KUALA LUMPUR: MMC Corp Bhd expects to list its energy arm Malakoff Corp Bhd on Bursa Malaysia in mid-May, said Group MD Datuk Seri Che Khalib Mohamad Noh.

Moody's: Banks' exposure to 1MDB is credit negative but manageable

By RUPA DAMODARAN - Monday, March 30, 2015 - 12:06

 KUALA LUMPUR: Moody's said Malaysian banks’ exposure to the troubled 1MDB is credit negative, but manageable.

Customs: Deposits, withdrawals not charged GST

By RUPA DAMODARAN - Monday, March 30, 2015 - 11:26

PUTRAJAYA: The Goods and Services Tax (GST) for the finance and banking sector is based on fees and not on the amount transacted.

AmCorp Properties’ shares up 6.41pc on JV deal

Monday, March 30, 2015 - 11:11

KUALA LUMPUR: Amcorp Properties Bhd’s shares appreciated 6.41 per cent as the market reacted positively to its joint-venture (JV) deal in London.

Berjaya, Redtone shares up on takeover bid

Monday, March 30, 2015 - 11:06

KUALA LUMPUR: Berjaya Corporation Bhd and Redtone International Bhd’s stocks were traded higher in early session after the former launched a takeover bid on the telecommunication company at 80 sen per share.

Felda Wellness targets 1m users for new coconut extract products

Sunday, March 29, 2015 - 18:40

PUTRAJAYA: Felda Wellness Corporation Sdn Bhd (FWC), a wholly-owned subsidiary of the Federal Land Development Authority (Felda), targets one million users this year for its newly-launched cultured coconut extracts Neutrax Original and Neutrax Therapy Oil.