◉ HEADLINES

manufacturing

GST elements in SST framework can address overlapping taxes, cost pressures: FMM

Manufacturers’ group says input tax credit mechanism, refunds and targeted reliefs are key to improving the existing tax system

Anwar credits ringgit’s performance over Asian currencies to govt reforms, investor engagement

Malaysia also has manufacturing niches for components few countries can make, says Prime Minister

US tariff relief lifts glove, EMS stocks on Bursa

Hartalega, Supermax, SKP Resources among early gainers, but analysts caution industry headwinds may cap upside

Trump hikes Malaysia tariff to 25%, up from paused 24% rate

US president sends series of letters to several SEA countries on his social media platform imposing new tariff rates with Indonesia at 32%, Thailand (36%), while Cambodia saw rate reduced from 49% to 36%

Malaysia records RM51.5bil in FDI inflow for 2024: DOSM

Foreign income also climbs to RM99.8bil, with strong contributions from services and manufacturing sectors led by Asian investors

◉ Popular

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

DoSM estimates Malaysia’s population to be 34.1 mil in 2024

Three states with the highest population are Selangor, Johor, Sabah