Customs: Deposits, withdrawals not charged GST

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.


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

Monday, March 30, 2015 - 12:06

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

KL shares maintain uptrend

Monday, March 30, 2015 - 11:46

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) remained on an uptrend mid-morning, lifted by consumer-related stocks.

Customs: Deposits, withdrawals not charged GST

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.

Denmark applies to join China-backed AIIB investment bank

Sunday, March 29, 2015 - 16:28

BEIJING: Denmark has applied to join the Beijing-led Asian Infrastructure Bank (AIIB), China’s Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States.

Kanger’s investment in a commercial building in Guanzhou to start end-2016

Friday, March 27, 2015 - 21:54

KUALA LUMPUR: Furniture manufacturer Kanger International Bhd's investment in a proposed commercial building in Ganzhou, China is targeted to start at the end of 2016.

AirAsia introduces three new routes

Friday, March 27, 2015 - 21:13

KUALA LUMPUR: AirAsia has further strengthened its network into Indonesia and the Philippines via three separate hubs in Malaysia.

MAA urges car buyers to make purchases before APRIL 1

Friday, March 27, 2015 - 17:32

PETALING JAYA: The Malaysian Automotive Association (MAA) has urged potential car buyers to do so before April 1, 2015 as most car companies planned to reduce their inventories with attractive offers.

MoF creates special task force to help 1MDB implement strategic review

Friday, March 27, 2015 - 17:23

KUALA LUMPUR: The Ministry of Finance, in its capacity as the 100 per cent shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company’s strategic review.

AirAsia X confident of turnaround this year

Friday, March 27, 2015 - 16:30

SEPANG: Long-haul budget carrier AirAsia X Bhd is optimistic of making a turnaround this year with the implementation of a capacity management and restructuring exercise.

MAHB’s renouncable rights issue successfully completed

Friday, March 27, 2015 - 16:28

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has completed its inaugural rights issue following the listing of and quotation for its 275,308,267 shares on the Main Market of Bursa Malaysia Securities Bhd today.

SMEs urged to grab opportunities in halal food and non-food sector

By CHERYL YVONNE ACHU - Friday, March 27, 2015 - 12:24

KUALA LUMPUR: The government has urged local small and medium enterprise (SME) players to take advantage of the huge opportunities in the multi-billion dollar halal food and non-food industry globally.

CMS shares up on acquisition proposal

Friday, March 27, 2015 - 12:17

KUALA LUMPUR: Cahya Mata Sarawak Bhd’s (CMS) shares rose in the early session after its wholly-owned unit, Samalaju Industries Sdn Bhd (SISB), proposed to acquire an additional five per cent stake in OM Materials (S) Pte Ltd (OMS) from OM Holdings Ltd for US$18.45 million.