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KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
KUALA LUMPUR, June 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained expectations for Bank Negara Malaysia (BNM) to lower the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent in the second quarter of 2025 (2H 2025), if economic conditions warrant.
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced the formation of a joint ministerial committee to address the rising cost of healthcare, which is one of the most immediate challenges affecting the lives of ordinary Malaysians.
KUALA LUMPUR, June 13 (Bernama) -- Malaysia’s April 2025 wholesale and retail trade registered total sales of RM151.7 billion, reflecting a 4.7 per cent growth year-on-year (y-o-y), according to the Statistics Department Malaysia (DOSM).
A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) reiterated that it is conducting a thorough review of its operations, including assets, processes, expenditures, and workforce to ensure it remains competitive and future-ready.
KUALA LUMPUR, June 6 (Bernama) -- The Malaysian glove sector remains under pressure as persistent oversupply, cautious customer sentiment, and pricing competition continue to weigh on recovery prospects.
KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.
