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BANGI: The Ministry of Plantation and Commodities has instructed for an immediate engagement session with palm oil industry players following concerns over the implementation of a five per cent Sales and Service Tax (SST) on the oleochemical sector starting next month. Its Minister, Datuk Seri Johari Abdul Ghani, said that the ministry needs to obtain…
A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran’s first nuclear seaport. Amir | Afp | Getty Images Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf. Marine insurers are now charging…
JAKARTA: reNIKOLA Holdings Sdn Bhd, a pure-play renewable energy power producer, signed a MoU with Indonesia’s PT Pertamina Gas, through its wholly owned subsidiary PT reNIKOLA Primer Energi (PT RPE). The MoU establishes a strategic collaboration for biogas business development across the Sumatra and Kalimantan regions. The MoU was signed during the Pertagas Integrated Pipeline…
CYBERJAYA: Dagang NeXchange Bhd (DNeX), through subsidiary Innovation Associates Consulting Sdn Bhd, has secured a contract from the Ministry of Finance (MoF) to continue providing support for the Integrated Government Financial and Management System (iGFMAS), a key digital backbone of the country’s public finance operations. Valued at RM103.76 million and spanning across 60 months, the…
Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday on “The Claman Countdown.” Schiff’s comments on the show came not long after the Federal Open Markets Committee (FOMC) wrapped up its latest meeting in the afternoon, electing to…
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…
President Donald Trump on Wednesday said he gave Iran an “ultimatum” as he considers whether to order a U.S. strike against the country, amid its ongoing conflict with Israel. Meanwhile, the U.S. Embassy in Jerusalem began preparing for large-scale evacuations of Americans who want to leave Israel. “I may do it, I may not do…
A Social Security Administration office in Washington, D.C., March 26, 2025. Saul Loeb | Afp | Getty Images The trust fund Social Security relies on to pay retirement benefits may be depleted in 2033, according to an annual report released by the Social Security Board of Trustees on Wednesday. That is unchanged from last year’s projections….
Alessandra Malito Alessandra Malito is a retirement reporter based in New York. She holds the Chartered Retirement Planning Counselor™ and Chartered Financial Consultant® designations. You can follow her on Twitter @malito_ali Adblock test (Why?)
Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others. He has worked as an analyst…
