KUALA LUMPUR: The ringgit rose against the US dollar in early trade on Thursday despite the greenback’s appeal as a safe-haven currency remaining firm amid the risk-averse sentiment surrounding the market. At 8.11 am, the ringgit appreciated to 4.4250/4355 against the US dollar compared with yesterday’s close of 4.4300/4355. The greenback gained additional ground while the US...
KUALA LUMPUR: The ringgit was slightly higher in early trade Monday as the US dollar trended up modestly after the release of mixed US labour data for November. At 8.15 am, the local currency advanced to 4.4125/4250 against the US dollar, compared to Friday’s close of 4.4170/4220. The US labour market data released Friday showed the Nonfarm...
KUALA LUMPUR: A tax rate exceeding 20% will be set for individuals who earn an income of over RM100,000, says Datuk Seri Amir Hamzah Azizan (pic). The Finance Minister II said this in his winding-up speech on the Supply Bill 2025 debate in the Dewan Rakyat late Wednesday (Nov 13). However, he did not specify if the RM100,000...
KUALA LUMPUR: The Transport Ministry is in the final stage of reviewing the road tax rate structure for electric vehicles (EVs), and it is expected to be announced next month, says Anthony Loke Siew Fook. The Transport Minister said road tax for EVs would be cheaper than the road tax for Internal Combustion Engine (ICE) vehicles,...
JOHOR BARU: About 3,850 property owners have filed their objection with Johor Baru City Council (MBJB) over the increase in their property assessment. Johor Baru mayor Datuk Mohd Noorazam Osman said that the objection was for their property value, not on the assessment rate imposed by the city council. “Only 1.1% out of the 350,000 property owners...
