The amount of tax from the special Voluntary Declaration Programme (VDP) 2.0 implemented by the Inland Revenue Board (IRB) of Malaysia and the Royal Malaysian Customs Department (JKDM) that was successfully collected until Oct 31 this year is RM128.85 million.

Total VDP 2.0 tax collection at RM128.85 mil as at October 

Efforts underway to separate the powers of the Attorney General’s Chambers and the public prosecutor's office will be a lengthy process, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Separation of AG-public prosecutor’s powers to take time, Azalina says 

KUALA LUMPUR (Dec 4): Monitoring conducted through the Gamma Spectrum Water Monitoring System (GSWMS) from Oct 1 to Nov 30 found no increase in radioactivity levels in Malaysian waters.

Mosti: No rise in radioactivity levels in Malaysian waters

Malaysia cannot control rubber prices in the global market as it does not have the majority say, said Deputy Prime Minister Datuk Seri Fadillah Yusof who is also plantation and commodities minister.

Malaysia can't control global rubber prices, says Fadillah

About 80% of selected employers are willing to participate in the Progressive Wage Policy if it is voluntary and gives them the opportunity to first examine the company's financial capabilities and performance before participating.

The Economy Ministry said that the total percentage was obtained as a result of engagement sessions with selected employers.

80% of selected employers ready to participate in progressive wage policy — Economy Ministry

KUALA LUMPUR (Dec 1): A total of 132,404 applications have been received for the People’s Income Initiative (IPR) as of Nov 21, 2023, the Ministry of Economy said.

132,404 People’s Income Initiative applications received until Nov 21 — ministry

The National Airport Strategic Plan (NASP) study being carried out by the Ministry of Transport will determine the actual development costs and requirements for all airports, including the Kedah Aerotropolis project, said the Ministry of Economy.

NASP study to determine criteria for Kedah Aerotropolis project, says Economy Ministry

About 80% of selected employers are willing to participate in the progressive wage policy if it is voluntary and gives them the opportunity to first examine the company's financial capabilities and performance before participating.

Economy Ministry says 80% of selected employers ready to participate in progressive wage policy

KUALA LUMPUR (Dec 1): The Third Meeting of the Second Term of the 15th Parliament adjourned sine die on Thursday (Nov 30) after sitting for 32 days from Oct 9, with 12 bills passed, including the Supply Bill 2024 (Budget 2024).

12 bills passed at third meeting of second term of 15th Parliament

A senator has suggested that the government introduce a subsidy scheme for poor city folks when implementing the targeted subsidy programme.

Senator Datuk Mohd Hisamudin Yahaya said the government could consider setting certain conditions and standards to be fulfilled by the urban poor to be eligible for the targeted subsidies.

Govt urged to consider implementing targeted subsidy scheme for urban poor

Malaysia's trade performance for the January-October 2023 period was affected by high global inflation rates, commodity price uncertainty and a high base effect, according to the Ministry of Investment, Trade and Industry (Miti).

Miti: Malaysia's global trade value exceeded RM2 tril from Jan-Oct 2023 despite global uncertainty

The government is still studying the most effective and efficient aid and subsidy distribution mechanism for the people, said the Economy Ministry.

Further study needed on aid, subsidy delivery mechanism — Economy Ministry

KUALA LUMPUR (Nov 30): The government plans to introduce a special law to improve and enhance disaster management preparedness in the country, the Dewan Rakyat was told on Thursday.

Govt plans to introduce special law for disaster management

The government does not intend to collect fingerprints in the implementation of the National Digital Identity (NDID) programme as claimed by many content creators on various social media platforms, the Dewan Negara was told on Thursday.

No plan to collect fingerprints for national digital ID programme, says Fahmi

Maybank Investment Bank Bhd (Maybank IB) is cautiously optimistic about prospects for Malaysia’s economy and equities in 2024, driven by growth, fiscal reforms and economic restructuring.

Maybank IB cautiously optimistic about Malaysia's economy, equities next year

China Evergrande Group’s chief agitator calling for its liquidation is suddenly backpedalling, but the line of creditors who may take up the torch doesn’t end there.

Evergrande creditors regroup as liquidation advocate hesitates

The manufacturing and services sectors will continue to be the focus to attract investments next year, as they are the largest contributors to gross domestic product (GDP) of Negeri Sembilan, the State Legislative Assembly was told.

Manufaturing and services sectors under focus to attract investments to N Sembilan, says MB

SoftBank Group Corp’s mobile unit is buying an Irish company that specialises in broadband for cars, placing a bet on smart and driverless vehicle technology in its biggest overseas acquisition since listing.

SoftBank mobile arm buys Irish telco in bet on driverless cars

KUALA LUMPUR (Dec 5): Langkawi Avenue, a commercial project developed by PFCE Integrated Plant & Project Sdn Bhd, is 30% taken up since its official launch last quarter.

Langkawi Avenue is 30% taken up

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (Dec 5)

“I have always found him to be erudite, gracious, and genuinely concerned for the well-being of Malaysians,” said Singapore High Commissioner to Malaysia Vanu Gopala Menon.

These are Menon's observations from his interactions with Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim whose Madani Government will be celebrating its first year at the end of this week. Anwar was sworn in as Malaysia’s 10th Prime Minister on Nov 24, 2022.

Singapore envoy describes Anwar as 'erudite, gracious, and genuinely concerned for the well-being of Malaysians'

IPOH (Dec 5): The Perak and federal governments are currently monitoring and looking into the best method to prevent the theft of outputs from the non-radioactive rare earth element (NR-REE) project in the state by irresponsible parties.

MB: Perak looking at ways to prevent theft of non-radioactive rare earth element outputs

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday described Datuk Seri Dr Ahmad Samsuri Mokhtar’s victory in the Kemaman parliamentary by-election (PRK) last Saturday as something that may ease the country’s political temperature.

Ahmad Samsuri's victory in Kemaman may ease country's political temperature — Anwar

MANY of the country’s development financial institutions (DFIs) and government-linked companies (GLCs) have become too risk averse and are just “cruising”, says Tan Sri Nazir Razak.

“One concern I have of GLCs and DFIs today is that [they] are no longer taking risks. There’s a lot of cr...

Nazir: DFIs and GLCs are just cruising, not taking enough risk

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

&nbsp;KUALA LUMPUR (Dec 5): Nvidia Corp chief executive officer Jensen Huang is expected to make his maiden visit to Malaysia this week.&nbsp;

Nvidia boss Jensen Huang to make maiden visit to Malaysia

Kuala Lumpur Kepong Bhd (KLK) secured its first sustainability-linked loan (SLL) of RM500 million for the group’s general working capital requirements from Maybank, marking a significant milestone for both groups in pursuit of their sustainable development practices.

KLK secures RM500 mil sustainability-linked loan from Maybank 

The Attorney General's Chambers (AGC) has discontinued its appeal against senior lawyer Tan Sri Muhammad Shafee Abdullah's acquittal in his money-laundering case involving RM9.5 million allegedly received from imprisoned former prime minister Datuk Seri Najib Razak, as well as making false declarations to the Inland Revenue Board.

Shafee's acquittal stands in RM9.5m money-laundering case as AGC discontinues appeal

MIDF Research has downgraded its stance on the consumer sector to "neutral"&nbsp;from "positive", amid fears that growing inflationary pressures will curtail discretionary spending by households, leading to tighter spending on durable items.&nbsp;

MIDF downgrades consumer sector to 'neutral' amid recession fears, but names QL Resources and F&N as top picks

Public-listed companies (PLCs) in Malaysia will soon have to use the Bursa Malaysia ESG Reporting Platform to comply with mandatory sustainability disclosures set by Bursa Malaysia Securities Bhd.&nbsp;

Bursa Malaysia introduces mandatory ESG reporting platform for PLCs

Doubts over BYD Co’s sales targets and smart-car capabilities drove a US$12 billion (RM56.07 billion) selloff in the Chinese electric-vehicle (EV) maker last month, even as it draws closer to Tesla Inc as the industry’s top seller.

BYD growth status in doubt after US$12 bil selloff

Telecommunications companies (telcos) are expected to explore internet facilities through satellite to device mobile services, so that it can be easily accessed everywhere, especially for areas that do not have internet access.

Telcos expected to provide internet facilities via satellite directly to devices by 2025, says Fahmi

A gauge of global stocks fell for the first time in five sessions on Monday while Treasury yields rose as investors awaited US&nbsp;labour market data to gauge the likely route of the Federal Reserve's rate policy.

Stocks pull back after rally with jobs data eyed, yields climb

KUALA LUMPUR (Dec 5): RHB Retail Research said Muhibbah Engineering (M) Bhd may rebound further, after pushing above the 21-day SMA line while heading towards the 80 sen mark.

In a trading stocks note on Tuesday, the research house said if a breakout above that level happens, the renewe...

Muhibbah Engineering may rebound further, says RHB Retail Research 

Proton Holdings Bhd aims to increase its production volume to 500,000 units by 2035, of which 50% or 250,000 units will be for the export market, according to deputy chief executive officer Roslan Abdullah.

Proton surpasses last year’s sales volume with strong November performance

Communications and Digital Minister Fahmi Fadzil has advised the public not to be duped by scammers providing cash-out&nbsp;of eMadani credit of RM100.

Don't be duped by scammers providing eMadani cash-out, Fahmi warns

Pharmaniaga Bhd, whose share price has fallen more than 40% since the start of the year, is not expected to make further provisions in the future, according to Kenanga Investment Bank Bhd.

Kenanga says no further provisions for Pharmaniaga; FY2024 earnings to rebound to pre-Covid-19 level

Building support services provider KJTS Group Bhd has inked an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

KJTS signs underwriting agreement with HLIB for ACE Market listing

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds five entities to Investor Alert List, two being potential clones

Global semiconductor industry sales are projected to reach US$588.4 billion (RM2.75 trillion) in 2024, according to the US-based Semiconductor Industry Association (SIA).

Global semicon sales projected to reach US$588.4 bil in 2024, says SIA

The election results for the Gua Musang parliamentary seat last year, which saw the victory of Mohd Azizi Abu Naim&nbsp;from Parti Pribumi Bersatu Malaysia, stand.

Federal Court dismisses BN's appeal to reinstate Gua Musang election petition

The ringgit opened slightly lower against the US dollar in early trade on Tuesday due to the lack of demand as the US Dollar Index (DXY) continued to strengthen.

Ringgit opens slightly lower against US dollar

Thousands of protesters gathered in New Zealand's city squares, motorway over-bridges and in front of the country's parliament on Tuesday to protest the new government's policies that they believe are racist.

New Zealanders gather across country to protest new policies

KUALA LUMPUR (Dec 5): RHB Retail Research said GFM Services Bhd is set to propel northwards, as it bounced off the previous breakout level of 24 sen on Monday while cementing its uptrend above the rising 21-day SMA line.

In a trading stocks note on Tuesday, the research house said the l...

Parliament

‌‌

‌
‌