Newsfeed – Business News
Grab says it’s not in talks to buy GoTo ‘at this time’
Grab Holdings Ltd. said it isn’t in talks to acquire Southeast Asia internet peer GoTo Group “at this time,” signaling it’s halting or at least pausing a planned US$7bil acquisition […]
CTIM: Revision and expansion of SST a pragmatic approach to fiscal sustainability
KUALA LUMPUR: The government’s effort to broaden the tax base by incorporating more sectors into the Sales and Service Tax (SST) regime aligns with global trends and reflects a pragmatic […]
Sealink says access to damaged vessel still restricted; full on-site assessment delayed
PETALING JAYA: Sealink International Bhd has announced that access to its vessel that was damaged by fire in Brazil last month remains restricted due to prevailing site conditions. Read full […]
Chin Well buys three parcels of land in Penang for RM48.4mil
PETALING JAYA: Chin Well Holdings Bhd is acquiring three parcels of freehold land totalling 128,509 sq metres in Seberang Prai, Penang, from High Rich Realty Sdn Bhd for RM48.4mil. Read […]
Sales tax rate revision, service tax scope expansion to be effective July 1, 2025
PUTRAJAYA: The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s […]
Bursa Malaysia ends higher amid regional gains
KUALA LUMPUR: Bursa Malaysia ended higher on Monday, supported by gains in blue chips and positive regional market sentiment. Read full story Date: 9 June, 2025 6:04 pm Source: thestar.com.my
Hong Leong Bank wins best SME bank award for sixth year
KUALA LUMPUR: Hong Leong Bank (HLB) has been named the Best SME Bank in Malaysia for the sixth time at The Asian Banker Global Excellence in Retail Finance Awards 2025. […]
DBS tops US$100bil market value in first for Singapore banks
DBS Group Holdings Ltd. became the first bank in Singapore to top US$100 billion in market value, helped by a softer US currency that amplified gains on the local stock […]
Bank Negara’s international reserves rise to US$119.6bil
KUALA LUMPUR: Bank Negara Malaysia’s international reserves rose to US$119.6bil as of May 30, up from US$119.1bil recorded on May 15. Read full story Date: 9 June, 2025 3:05 pm […]
Global auto giants look to China for future vision
AT the Auto Shanghai show in April, an executive of Volkswagen — one of the world’s biggest auto manufacturers — made a frank admission that the German giant had misfired […]