Govt Has No Plans To Lower Corporate Income Tax -- MoF
KUALA LUMPUR, March 4 (Bernama) -- The government does not intend to lower the corporate income tax rate to attract more foreign investment to Malaysia, said the Ministry of Finance (MoF).
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Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF
KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) -- was much lower than household financial assets, according to the Finance Ministry (MoF).
GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts
KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.
SSM, MOF, DOSM And CIDB Ink MoU To Strengthen Accuracy In Business Code Usage
KUALA LUMPUR, Feb 24 (Bernama) -- The Companies Commission of Malaysia (SSM) today inked a memorandum of understanding (MoU) with the Ministry of Finance (MOF), Department of Statistics Malaysia (DOSM) and the Construction Industry Development Board (CIDB) to strengthen the accuracy in the usage of business codes via the SSM BizCodEX portal.
EPF 2024 Dividend Expected To Be Better Than 2023 -- Amir Hamzah
PUTRAJAYA, Feb 23 (Bernama) – The Employees Provident Fund’s (EPF) encouraging performance for the third quarter of 2024 is expected to yield good returns for contributors.
KLCCD Outlines Plans For Unique, Inclusive, And Sustainable Bandar Malaysia Project - MoF
KUALA LUMPUR, Feb 20 (Bernama) — The developer behind the Bandar Malaysia project, KLCC Development Sdn Bhd (KLCCD), which is a wholly-owned subsidiary of KLCC (Holdings) Sdn Bhd (KLCCH), has outlined plans to create a unique, inclusive, and sustainable development, according to the Ministry of Finance (MoF).
Govt Forecasts Moderate Inflation Increase Of 2.0-3.5 Pct In 2025 -- MOF
KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).
Consortium's MAHB Voluntary Offer Is New Long-Term Investment For EPF- MOF
KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).
Transformation Efforts Of MAHB Expected To Bear Fruit - MOF
KUALA LUMPUR, Feb 18 (Bernama) -- The transformation efforts of Malaysia Airports Holdings Bhd (MAHB) are expected to bear fruit, attracting more airlines and passengers and boosting the country's economic growth while providing returns to the government, according to the Ministry of Finance (MOF).
Langkawi Tourism Revenue Increases 35 Pct To RM2.4 Bln From 2022-2024 - MOF
KUALA LUMPUR, Feb 17 (Bernama) -- Tourist arrivals in Langkawi post-COVID-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).
5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
MoF Dismisses 2026 Car Price Hike Reports, Says Vehicle Valuation Review Underway
KUALA LUMPUR, Feb 11 (Bernama) -- The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (MITI) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.