<div class=newsTextDataWrapInner>MSME tax rate on taxable income for first RM150,000 reduced to 15% from 17% for assessment year 2023</div>
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MSME tax rate on taxable income for first RM150,000 reduced to 15% from 17% for assessment year 2023
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MSME tax rate on taxable income for first RM150,000 reduced to 15% from 17% for assessment year 2023

SYDNEY (Nov 13): New Zealand on Wednesday proposed to limit the number of licences for online casino gambling operators, requirin them to set up an age verification system and ban advertisements aimed at children, as it looks to rein in the fast-growing sector.

New Zealand plans to limit online casino gambling licences, ban ads aimed at children

The Sulu group's claim suggesting that they are free to take action against Sabah, including potentially leasing it to countries like China or the Philippines, is senseless.

Senseless for Sulu group to claim they can take action against Sabah, says Azalina

BENGALURU (Nov 13): Singapore Telecommunications (SingTel) on Wednesday reported a 42% slump in its first-half net profit due to the absence of a S$1.2 billion (US$896.59 million, or RM3.99 billion) gain it had logged through the merger of Telkomsel a year earlier.

SingTel’s interim net profit falls 42%, sees higher Ebit for FY2025

The proposed amendments to the Communications and Multimedia Act 1998, including Section 233, are expected to be tabled in the current session of Parliament, said Deputy Communications Minister Teo Nie Ching.

Communications and Multimedia Act amendments to be tabled this Parliament session, says Teo

SoftBank Group Corp will be the first to build a supercomputer with chips using Nvidia Corp’s new Blackwell design, a demonstration of the Japanese company’s ambitions to catch up on artificial intelligence (AI).

SoftBank plans first supercomputer with Nvidia Blackwell chips

SYDNEY (Nov 13): Australian wages rose at the slowest annual pace since late 2022 in the third quarter (3Q2024), amid an influx of new workers and an easing in inflation, adding marginally to the case for an eventual cut in interest rates.

Australia’s 3Q wages rise at slowest pace since late 2022

China is marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021.

It is offering the three-year and five-year securities with initial price guidance of about 25 basis points and 30 basis points over the respective US Treasury yields, according to people familiar with the matter.

China begins to market its first dollar bonds in three years

Tan Sri Wan Zaki Wan Muda, the founder of Ahmad Zaki Sdn Bhd (AZSB) and group adviser to Ahmad Zaki Resources Bhd (KL:AZRB), passed away on Tuesday evening at the age of 75.

Ahmad Zaki founder Wan Zaki passes on

KUALA LUMPUR (Nov 13): BIMB Securities has downgraded Hartalega Holdings Bhd (KL:HARTA) to a “sell” call, from a “hold”, after a share price rally.

BIMB Securities downgrades Hartalega to ‘sell’ after price rally

BANDAR SRI BEGAWAN (Nov 13): The Asian aviation industry is still grappling with ongoing supply chain disruptions, even as demand remains resilient, according to a regional airlines association.

Supply chain mishaps cloud otherwise rosy Asian aviation prospects, says airline association

Former finance minister&nbsp;Tun Daim Zainuddin has passed away at the age of 86, marking the end of an era for a figure who left a significant imprint on Malaysia's political and economic landscape.

One of his lawyers, Datuk Dr Gurdial Singh Nijar, confirmed the matter when contacted by The Edge.

Former finance minister Daim passes away

Shares of Life Water Bhd (KL:LWSABAH) surged 18% in their trading debut on Wednesday, after the beverage manufacturer’s initial public offering (IPO) raised over RM82 million on the back of strong investor demand.

Life Water surges 18% on Main Market debut

Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”, US President-elect Donald Trump announced on Tuesday.

Trump picks Musk, entrepreneur Ramaswamy for govt efficiency effort

BOSTON (Nov 12): The US Senate's Democratic majority began a crusade on Tuesday to confirm as many new federal judges nominated by President&nbsp;Joe Biden&nbsp;as possible, to avoid leaving vacancies that Republican&nbsp;Donald Trump&nbsp;could fill after taking office on Jan&nbsp;20, 2025.

US Senate Democrats rush to confirm judges nominated by Biden before Trump takes office

A breakneck rally in stocks ran out of steam, with&nbsp;Treasury yields&nbsp;soaring and the dollar hitting the highest level in two years ahead of a key inflation report.

Equities edged lower after the S&amp;P 500’s biggest five-day run in a year. Following sizeable post-election gains, small caps and banks lost ground. Tesla Inc&nbsp;dropped after an almost 45% surge.&nbsp;

S&P 500 rally hits a wall as treasury yields spike

After a rapid cooling in Chinese tech stocks on cloudy domestic macro prospects and rising geopolitical risk, investors are looking to major earnings reports due this week for a second wind.

Chinese tech stocks need earnings boost amid Trump, macro threats

Tan Sri Wan Zaki Wan Muda, the founder of Ahmad Zaki Sdn Bhd (AZSB) and group adviser to Ahmad Zaki Resources Bhd (KL:AZRB), passed away on Tuesday evening&nbsp;at the age of 75.

Nissan Motor Co’s rapid decline has drawn the attention of one of the most influential activist investors in Japan, adding a fresh dose of uncertainty to the automaker’s turnaround plans.

Nissan enters new era of turmoil as Effissimo takes stake

Public-listed companies (PLCs) showed progress in the adoption of the Malaysian Code on Corporate Governance (MCGG), according to the Securities Commission Malaysia’s Corporate Governance Monitor (CG Monitor) 2024, which was published last Monday. However, the report highlighted three critical areas in need of improvement. The CG Monitor pointed to (i) the need to refresh board composition; (ii) enhancing shareholder participation through physical or hybrid annual general meetings (AGMs); and &nbsp;(iii) a deeper integration of sustainability governance practices.

SC CG Monitor: 3 critical areas of improvement needed for PLCs

KUALA LUMPUR (Nov 13): BIMB Securities has downgraded Hartalega Holdings Bhd (KL:HARTA) to a “sell” call, from a “hold”, after a share price rally.

Asian stocks fell to the lowest level in almost two months on Wednesday, before US inflation data that may further sap confidence in the pace of Federal Reserve (Fed) interest-rate cuts.&nbsp;

Asian stocks drop to two-month low before US CPI

Seven &amp; i Holdings Co&nbsp;is considering a management buyout to take itself private with funding from banks, Itochu Corp, and the founding Ito family in a transaction that could be worth ¥9 trillion (US$58 billion or RM258.63 billion), people with knowledge of the matter said.

Seven & I mulling US$58b management buyout, Bloomberg reports

（吉隆坡13日讯）前财政部长敦达因逝世，标志着这位在大马政治和经济领域留下重要印记的人物时代落幕。

前财长敦达因逝世

Elon Musk surfaced once more in a round of phone calls US President-elect Donald Trump is making with world leaders, driving home the billionaire’s outsized influence in the next administration. &nbsp;

Musk is making a habit of joining Trump’s calls with leaders

WASHINGTON (Nov 12): US&nbsp;President-elect Donald Trump said on Tuesday that he has picked as his secretary of defence, Pete Hegseth, a Fox News commentator and veteran who has expressed disdain for the so-called "woke" policies of Pentagon leaders, including its top military officer.

Trump says he will nominate anti-'woke' Fox News host Pete Hegseth for defence secretary

KUALA LUMPUR (Nov 13): Efforts to streamline Section 233 of the Communications and Multimedia Act 1998 regarding the misuse of network facilities or services will be among topics to be discussed in Dewan Rakyat on Wednesday.

Streamlining Communications Act, affordable housing strategies on Parliament agenda on Wednesday

BANDAR SRI BEGAWAN (Nov 13): The Asian aviation industry is still grappling with ongoing supply chain disruptions, even as demand remains resilient, according to a regional airlines association.

JAKARTA/WASHINGTON (Nov 12): Indonesia's President Prabowo Subianto met with US President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington.

"I will work very hard to strengthen Indones...

Indonesian president Prabowo meets Biden and speaks with Trump, pledges cooperation

（吉隆坡13日讯）今日上市大马交易所主板的生命泉源（Life Water Bhd）（KL:LWSABAH）表现亮丽，以77仙迎市，较首次公开募股（IPO）发售价65仙，上涨18%。

亮丽登主板 生命泉源上涨18%

Boustead Singapore has reported a net profit of S$36.0 million (RM119.6&nbsp;million) for the first half ended Sept&nbsp;30, 2024 (1HFY2025), a 34% year-on-year (y-o-y) increase from the same period a year before.&nbsp;