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Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim

LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.

Forest City Positioned To Become Key Business And Investment Hub -- Country Garden

KUALA LUMPUR, Nov 12 (Bernama) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.

KPK Drafts Initiatives To Transform Agricommodity Sector Into Technology-based Sector

KUALA LUMPUR, Nov 5 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has drafted several initiatives to transform the agricommodity sector from labour-based to technology-based.

Dividend Tax Reduced To 2 Pct In Response To MSME Appeals - PM Anwar

KUALA LUMPUR, Oct 29 (Bernama) -- The dividend tax, initially set at five per cent, has been reduced to two per cent after considering appeals, including those from micro, small and medium enterprises (MSMEs), said Prime Minister Datuk Seri Anwar Ibrahim.

MITI Aims to Announce New Investment Incentive Framework By 1Q 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.

Govt’s Multi-Pronged Strategy Balances Fiscal Discipline, Economic Growth - MIER

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).

Budget 2025 Is People-Friendly, Addresses Cost Of Living Issues - Analyst

KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.

Budget 2025: RM470 Mln In Financing Key To Supporting, Growing Women SME Entrepreneurs

KUALA LUMPUR, Oct 20 (Bernama) -- The allocation of RM470 million for financing funds aimed at supporting women-led micro, small and medium enterprises (MSMEs) will play a crucial role in assisting women entrepreneurs in securing working capital, acquiring assets, and expanding their business capacity to higher levels.

Increased Stamp Duty Exemption For MSMEs In Budget 2025 Will Support Growth - MBSB Bank

KUALA LUMPUR, Oct 19 (Bernama) -- The increased stamp duty exemptions for micro, small, and medium enterprises (MSMEs) and the allocation of RM650 million for women and youth entrepreneurship in Budget 2025 laid a clear path for growth, said MBSB Bank.

Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market 

KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.

Govt Proposes Tax Incentives For Increased Exports Expanded To IC Design Services

KUALA LUMPUR, Oct 18 (Bernama) -- The government has proposed that tax incentives for increased exports for the service sector be expanded to integrated circuit (IC) design services, according to the Ministry of Finance (MoF).

Govt Proposing 2.0 Pct Dividend Tax On High-Income Shareholders

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing to impose a 2.0 per cent dividend tax on taxable dividend income, after considering allowable exemptions and deductions, effective from the 2025 assessment year.