KUALA LUMPUR, June 24 — The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, April 23 — Malaysia Airports Holdings Bhd (MAHB) is undergoing a strategic transformation following its privatisation, with new shareholders focused on enhancing the passenger journey, remediating and revitalising infrastructure, and improving operational efficiency across the network.
KUALA LUMPUR, March 15 — Khazanah Nasional Bhd will acquire Innovation Network Corporation of Japan’s (INCJ) stake in Edotco Group, reflecting the strong relationship between Malaysia and Japan.
KUALA LUMPUR, Feb 18 — After almost six years of closure, Carcosa Seri Negara will re-open with a new look after the national heritage building's renovations and refurbishing is completed by July this year, said Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa.
KUALA LUMPUR, Oct 31 — The government has never discussed any proposals to introduce a subscription tax on ChatGPT as mentioned on social media, said Communications Minister Fahmi Fadzil.
KUALA LUMPUR, April 22 — There are a limited number of start-ups or high-tech companies poised for listing on Bursa Malaysia, as the majority of corporations in Malaysia remain in traditional sectors, said Economy Minister Rafizi Ramli.
KUALA LUMPUR, March 11 — Khazanah Nasional Bhd, the sole shareholder of Malaysia Airlines Bhd (MAB), is open to all methods to achieve its strategy for the growth of the national carrier, including strengthening the airline’s long-haul routes.
KUALA LUMPUR, March 11 — Khazanah Nasional Bhd recorded a higher profit from operations of RM5.9 billion in financial year 2023 (FY2023) compared with RM1.6 billion in FY2022 amid volatile global market conditions.
NEW DELHI, Jan 16 — India-based fast food chain Wow! Momo has sold a 15 per cent stake to Malaysia’s sovereign wealth fund Khazanah Nasional Bhd for 3.5 billion rupees (US$42 million), Indian media reported on Tuesday.
KUALA LUMPUR, March 21 — Khazanah Nasional Bhd recorded a higher profit from operations of RM1.6 billion in the financial year 2022 (FY2022) compared with RM670 million in FY2021 despite the challenging and volatile global markets.
KUALA LUMPUR, March 4 — Khazanah Nasional Bhd expects the global aviation industry to recover at the earliest, in 2023 or 2024, but believes Malaysia Airlines Bhd has the right cost structure and balance sheet to ride through the tough journey, post-pandemic.
SINGAPORE/KUALA LUMPUR, Oct 13 — Malaysia Airlines is struggling to make payments owed to creditors and lessors amid the coronavirus pandemic that has forced it to slash its operations.
SINGAPORE, Oct 8 — The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah Nasional will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.
SINGAPORE, Oct 2 — Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless it receives more funding from state fund Khazanah Nasional.
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