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Extended SST Timely And Essential To Beef Up Economic Resilience

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.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

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.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

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.

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.

Malaysia Emerges As A Strategic Southeast Asian Hub For Resilient, Future-ready Workspaces

KUALA LUMPUR, June 5 (Bernama) -- Malaysia is increasingly recognised as a key beneficiary of the global real estate transformation, as multinational corporations seek to align their real estate portfolios with operational resilience, sustainability and future-ready workspaces.

Amir Hamzah Visits Newly Completed Bukit Kayu Hitam Inland Customs Depot

ALOR SETAR, June 4 (Bernama) -- Malaysia's Finance Minister II Datuk Seri Amir Hamzah Azizan has visited Bukit Kayu Hitam (BKH) Inland Customs Depot (ICD) and the free commercial zone during a recent working visit.

Unison’s Stingless Bee Innovation Positions Malaysia For Expo 2025 Spotlight

KUALA LUMPUR, June 4 (Bernama) -- Unison Technology & Manufacturing (M) PLT is introducing modular hive systems and training initiatives to strengthen stingless bee farming and rural livelihoods in Malaysia in line with the country’s participation in Expo 2025 Osaka.

VistaJet Sees 17 Pct Rise In 2024 Pet-Friendly Flights

KUALA LUMPUR, June 3 (Bernama) -- VistaJet, the world’s first and only global private aviation company, has reported a 17 per cent increase in flight traffic in 2024, driven by growing demand for pet-friendly summer travel.

Expo 2025 Osaka: “Flying Roti Canai” Draws Long Queues At Malaysia Pavilion

From Karina Imran

OSAKA, June 2 (Bernama) -- The "Flying Roti Canai" has quickly become a crowd-puller at Expo 2025 Osaka, drawing visitors to the Malaysia Pavilion with its skilful preparation and the irresistible buttery aroma wafting through the air.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.