Economic

Phase 2 SSPA Salary Adjustment To Boost Retail Economy -- Economist

By K. Naveen Prabu

KUALA LUMPUR, Jan 6 (Bernama) -- The second phase of the Public Service Remuneration System (SSPA) salary adjustment for civil servants is expected to have a strong positive impact on the retail economy, according to an economist.

Bursa Malaysia Updates On New Securities Commission Fees Effective Jan 1, 2026

KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia Bhd today announced updates on the new fees imposed by the Securities Commission Malaysia (SC).

SAMENTA: SST Exemption Highlights Government Support For SMEs

KUALA LUMPUR, Jan 5 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the exemptions of Sales and Service Tax (SST) on office rentals for new companies and small and medium enterprises (SMEs) with revenue below RM1.5 million as a demonstration of government support for SMEs.

SC Charges Former Khee San Bhd CEO For Causing Wrongful Loss Of RM7.12 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- The Securities Commission Malaysia (SC) has charged Datuk Seri Liew Yew Chung, the former chief executive officer (CEO) and non-independent non-executive chairman of Khee San Bhd (KSB), for causing a wrongful loss of RM7.12 million to KSB’s subsidiary, Khee San Food Industries Sdn Bhd (KSFI).

e-Invoicing Deferment Provides Much-Needed 'headroom' For SMEs -- FMM

KUALA LUMPUR, Jan 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) views the deferment of e-invoicing as a pragmatic step that acknowledges the readiness gap among micro and small enterprises, particularly in terms of digital capability, systems integration, and compliance costs.

MSB Global Unit Enters JV With Thai Company To Expand Automotive Parts Business In Thailand

KUALA LUMPUR, Jan 5 (Bernama) -- MSB Global Group Bhd's wholly owned subsidiary MSB Machinery Corporation (Malaysia) Sdn Bhd has entered into a joint venture (JV) agreement with Thai Sin Anant Rubber Factory (2516) Co Ltd (TSAR) to establish a JV company in Thailand as a step for the group's regional expansion.

Strategic Direction, Reforms Strengthen Confidence In National Policies - Amir Hamzah

KUALA LUMPUR, Jan 5 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim's announcement on strategic direction and institutional reforms further strengthens the confidence of industry players, the public, and investors in national policies, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

ECRL To Strengthen Malaysia's Position As Southeast Asia’s Regional Network Hub — PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- The East Coast Rail Link (ECRL) project is a strategic national initiative that is expected to strengthen Malaysia’s position as a regional connectivity and logistics hub in Southeast Asia, said Prime Minister Datuk Seri Anwar Ibrahim.

Excess Tax Payment Refunds For 2023, 2024 Will Be Completed This Year -- PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.

E-Invoicing Implementation Postponed For A Year For Companies With Sales Of RM1 Mln To RM5 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- Mandatory e-invoicing for companies with annual sales of between RM1 million and RM5 million, originally scheduled to take effect from Jan 1, 2026, has been extended by a year without any penalty being imposed.

Penang MICE Industry's Estimated Economic Impact Hit RM1 Bln In 2025

GEORGE TOWN, Jan 5 (Bernama) -- The Meetings, Incentives, Conferences and Exhibitions (MICE) industry in Penang recorded an estimated economic impact (EEI) of RM1 billion last year.

Service Tax On Rentals For MSMEs Reduced To 6 Pct – PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.