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Malaysia extends tax breaks to select firms, eyes investments

KUALA LUMPUR (Nikkei Markets) — Malaysia Tuesday extended tax benefits to companies seeking to establish their regional or global headquarters in the country as part of a broader push to attract investments and create high-skill jobs when a lingering U.S.-China trade war clouds exports prospects and has prompted several multinationals to re-look at their supply […]

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Malaysia: Floating RON95 will hike transport costs

PETALING JAYA: The logistics and automotive sectors are among those that will feel the impact of the targeted fuel subsidy scheme, when it kicks off in January next year. Higher costs for the logistics sector lead to higher transport costs for businesses, regardless of the sectors they operate in, and ultimately higher prices for products […]

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Malaysian firms explore business opportunities in the Kingdom

Awide-ranging delegation of Malaysian companies attended a business seminar in Phnom Penh to explore investment opportunities in Cambodia. Speaking at the event, Raja Badrulinzam Raja Kamalzaman, director of the Asean & Oceania Section of the Malaysia External Trade Development Corporation (Matrade), said the Malaysian delegation represents 25 companies looking for local trade partners to enter […]

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Malaysia: CPO futures close higher on improved demand

KUALA LUMPUR (Bernama) – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday due to improved demand while tracking the firmer overnight performance on the Chicago Board of Trade. Palm oil trader David Ng said, however, expectations of a stronger output and higher stock level were seen as capping further […]

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