SST And New Electricity Tariffs: Relief Measures To Ease Transition

By Nurul Hanis Izmir

PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

Malaysia's Fiscal Consolidation Remains On Track With Lower 1Q Deficit

KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.

Malaysia's Wholesale, Retail Trade Records RM154 Bln In Sales In March 2025

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s wholesale and retail trade sector recorded total sales of RM154 billion in March 2025, marking a year-on-year (y-o-y) growth of 5.7 per cent, said the Department of Statistics Malaysia (DOSM).

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Cautious Aidilfitri Spending Despite Stable Economy, Labour Market

PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.

GDP Growth, Bursa Malaysia’s Positive Performance Benefit Rakyat -- PM Anwar

​KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.

Government Wage Revisions, Minimum Wage Hike To Boost Malaysians' Quality Of Living 

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.

Reforms Are Crucial To Build A More Resilient Economy - Economists

KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.

Distribution Of RM13 Bln SARA, STR Aid Begins Tomorrow, Highest In History

KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of the 'Sumbangan Asas Rahmah' (SARA) aid starting tomorrow will see improvements to the targetted aid resulting from the increase in the Budget 2025 allocations for the SARA and 'Sumbangan Tunai Rahmah' (STR) assistance to their highest historical level of RM13 billion compared to RM10 billion in 2024.

BSN Celebrates 50th Anniversary, Commits To 100 Pct Nationwide Service Coverage

KUALA LUMPUR, Nov 29 (Bernama) -- Bank Simpanan Nasional (BSN) is committed to achieving 100 per cent service coverage nationwide, in line with the aspirations of the MADANI government.

Higher Tax Relief On Education, Medical Insurance Will Encourage Better Financial Planning - LIAM

KUALA LUMPUR, Oct 19 Bernama) -- The government's move to increase individual income tax relief on education insurance and medical and health insurance premiums to RM4,000 is seen as a good financial planning incentive to encourage more Malaysians to purchase medical and health insurance plans as well as education policies for their children.