SST Enhancements Expected To Help Generate RM51.7 Bln Revenue In 2025 -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The enhancements to the Sales and Service Tax (SST), effective from May 1, 2025, are expected to help generate revenue of RM51.7 billion in 2025, according to Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

FGV Sees EUDR Delay As Opportunity To Boost Sustainability Efforts With Smallholders

By Nur Athirah Mohd Shaharuddin

SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd sees the delay in the European Union Deforestation Regulation (EUDR) enforcement as an opportunity for the company to work on the necessary things with smallholders.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

China’s KKV Introduces 100 Lifestyles To Malaysia

KUALA LUMPUR, Nov 5 (Bernama) -- The comprehensive lifestyle trend retail brand under KK Group, KKV, makes significant strides in the Malaysian market this year, driven by its strong consumer reputation and impressive market performance.

Veea Teams Up With O.N.E Amazon, AECOM To Deploy The Internet Of Forests In Colombia

KUALA LUMPUR, Oct 29 (Bernama) -- Veea, in partnership with the Colombian government, collaborated with O.N.E. Amazon, and AECOM to deploy a technologically advanced, multidimensional solution composed of hybrid edge-cloud computing and communications products in the government-owned protected conservation area.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Budget 2025's Significant Agricultural Funding Set To Propel Sabah’s Rice Industry - Academician

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Sabah’s rice industry is expected to greatly benefit from various agricultural initiatives announced in Budget 2025, said University Malaysia Sabah (UMS) Assoc Prof Dr Bonaventure Boniface.

7,400 Companies Using E-invoice System; 58 Mln E-invoices Issued As At Oct 14 -- MoF

KUALA LUMPUR, Oct 23 (Bernama) -- A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance (MoF).

SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System

KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.

Consumer Credit Act to Regulate Non-Bank Credit Providers Including BNPL Companies -- BNM

KUALA LUMPUR, Oct 19 (Bernama) -- The Consumer Credit Act (CCA), to be tabled in the next parliamentary sitting, will address overlaps in responsibilities between regulatory authorities and reduce coverage gaps in the supervision of consumer credit providers, Bank Negara Malaysia (BNM) said.

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.