KUALA LUMPUR, June 11 (Bernama) -- The Ministry of Finance (MOF) has clarified that agricultural produce grown in Malaysia are not subject to sales tax under the expanded Sales and Service Tax (SST).
PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
KUALA LUMPUR, May 19 (Bernama) -- The decision on the RON95 fuel subsidy rationalisation plan has been fully handed over to the Ministry of Finance (MoF) following a Cabinet decision, said Economy Minister Datuk Seri Rafizi Ramli.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024.
PUTRAJAYA, April 18 (Bernama) -- Malaysia must focus on diversifying its export base and increasing the quality of investments in preparation to face the global economic uncertainty, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 18 (Bernama) -- The Federal government and the Johor state government have discussed sandbox initiatives to address the concerns of investors and industries in the Johor-Singapore Special Economic Zone (JS-SEZ).
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi.
KUALA LUMPUR, March 12 (Bernama) -- The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt Management Programme (DMP) as at December 2024.
KUALA LUMPUR, March 12 (Bernama) -- Sapura Energy Bhd emerged as among top traded stocks in early trade after securing RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter’s subscription of the company’s nominal value of redeemable convertible loan stocks.
