PETALING JAYA: Despite having an “overweight” call on the oil and gas (O&G) sector, UOB Kay Hian (UOBKH) Research suggests cautious trading as the sector valuations may not have fully taken into account the execution and operational expenditure (opex) risks. In a...
KUALA LUMPUR, March 8 — The East Coast Rail Link (ECRL) is anticipated to contribute a 3.8 per cent increase to Malaysia’s gross domestic product (GDP) by 2047 by enhancing trade, boosting tourism, and stimulating regional development. Investment, Trade and Industry...
KUALA LUMPUR: The government’s decision to reinstate the cabotage policy exemption brings an end to the years-long debate over allowing foreign ships to undertake undersea cable repairs locally.Malaysia OSV Owners’ Association (MOSVA) and Malaysia Shipowners’...
KUALA LUMPUR (Feb 28): The increase in the Service Tax rate from 6.0 per cent to 8.0 per cent, effective from March 1, 2024, only affects discretionary services activities and business-to-business (B2B) activities, according to the Ministry of Finance (MOF). Minister...
PETALING JAYA: The domestic trade and cost of living ministry has launched an operation to ensure that traders don’t take advantage of the Sales and Service Tax (SST) hike to unreasonably increase prices.Its minister Armizan Ali said the operations, codenamed Ops...
PUTRAJAYA, March 1 — The National Load Centre policy introduced in 1990 to centralise all cargo services at Port Klang, Selangor no longer applies, said Transport Minister Anthony Loke. According to him, the Transport Ministry’s policy of promoting Port Klang as the...
