Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.

Market Determines Vehicle Prices, Not The Govt -- MITI

KUALA LUMPUR, Sept 4 (Bernama) -- Vehicle selling prices in Malaysia are not controlled by the government and are determined by the market, according to the Ministry of Investment, Trade and Industry (MITI).

KPK Submitting Application For CPKO SST Exemption To MOF

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.

US Agricultural Products Tax Exemption Finalised Based On Mutual Interest - Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) – The sales tax exemption on imported United States (US) agricultural products is the result of negotiations finalised based on mutual interest, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia Expected To Attract RM637 Bln Investments In RE, Green Technology By 2050

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (PETRA).

FMM Seeks Swift Diplomatic And Domestic Interventions To Counter US Tariff Impact

KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.

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.

MOF To Facilitate Industries In SST Transition Period

KUALA LUMPUR, July 4 (Bernama) – The Finance Ministry (MOF) has agreed to provide transitional support to industry players during the change in the scope of the Sales and Service Tax (SST), following feedback regarding difficulties in complying with all operational requirements.

Apples, Oranges To Be Exempted From SST - PM Anwar

PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.

Refined Sugar Or White Sugar Remains Tax-Free Under SST Revision - MOF

KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).

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.

Honda Malaysia Launches Maiden Battery Electric Vehicle

KUALA LUMPUR, May 15 (Bernama) -- Honda Malaysia has launched its first battery electric vehicle (BEV), the e:N1, priced at RM149,900.