News about Malaysia

KUALA LUMPUR (July 20): Expectations of higher income, greater employment and low inflation catapulted Malaysia’s consumer sentiment index (CSI) to a 21-year high of 132.

PETALING JAYA (July 19): Businesses will likely be forced to pass on the burden of higher electricity charges that took effect this month to consumers, said associations representing retailers and malls.

KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.

Would you prefer to be surrounded by security barriers made of concrete and steel or living plants? No surprise if you chose the latter.

PETALING JAYA (July 19): The government’s call for tender proposals for the development of Bandar Malaysia in Kuala Lumpur have attracted no suitors so far, said Ministry of Finance (MoF) special officer Tony Pua.

KUALA LUMPUR (July 19): Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy (pictured) said today that the comeback of the sales and services tax (SST) come Sept 1, deemed "SST 2.

KUALA LUMPUR (July 19): The sales and services tax (SST) to be reintroduced on Sept 1 is not expected to be significantly different from the one previously in place based on the government’s projection of full-year takings, according to tax experts.

KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.

PETALING JAYA (July 18): Two companies that had dealings with the East Coast Rail Line (ECRL), Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) were raided by the Malaysian Anti-Corruption Commission (MACC) this morning, sources told The Malaysian Insight.

KUALA LUMPUR (July 17): It started with 64 plots of land but the graft busters are now zeroing in their probe to 16 plots.