21d ago
KUALA LUMPUR, June 13 (Bernama) -- Kao Corporation has published the Kao Integrated Report 2025 on its website, providing shareholders, investors, and stakeholders with a comprehensive overview of its initiatives and strategic direction.
22d ago
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.
23d ago
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s gross domestic product (GDP) growth forecast for 2025 has been revised to 3.9 per cent, a 0.6 percentage-point downgrade from January 2025’s projection, according to the World Bank’s Global Economic Prospects report.
23d ago
KUALA LUMPUR, June 11 (Bernama) -- The Sales and Service Tax (SST) revision and expansion exemplify the government’s commitment to progressive and equitable taxation that strengthens fiscal position while protecting those who need it most, said Finance Minister II Datuk Seri Amir Hamzah Azizan
23d ago
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
23d ago
KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.
23d ago
KUALA LUMPUR, June 11 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose by US$0.9 billion in May 2025, lifted by sustained foreign capital inflows, with ringgit reserves reaching a nine-month high, said Kenanga Investment Bank (IB) Bhd.
24d ago
KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, as the market resumed its observation on further trade negotiations between the United States (US) and China in London, an analyst said.
25d ago
By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.
25d ago
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.
25d ago
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.
25d ago
KUALA LUMPUR, June 9 (Bernama) -- Foreign investors extended their net selling in Asian markets for a third consecutive week, recording an outflow of RM6.21 billion, or US$1.47 billion, significantly higher than the previous week’s outflow of US$170.8 million (US$1=RM4.23).