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KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Zufazlin Baharuddin and Abdul Hamid A Rahman
KUALA LUMPUR, Aug 15 (Bernama) – Malaysia’s economy continues to remain resilient despite an increasingly uncertain global trade policy backdrop, economists said today.
KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).
KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, July 31 (Bernama) -- The MADANI government has boldly and decisively shaped the direction of national policies through the formulation of a comprehensive framework known as the MADANI Economy that is based on sustainability, the people’s well-being, and governance with integrity.
KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Finance (MOF) has urged the public not to be deceived by fraud or scam inviting them to register for the Sumbangan Asas Rahmah (SARA) appreciation initiative announced by the MADANI government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).
KUALA LUMPUR, July 24 (Bernama) -- The consumer sector appears to be regaining its bullish momentum with notable names such as 99 SpeedMart, AEON, EcoShop, and Farm Fresh posting strong gains, which has resulted in the Kuala Lumpur Composite Index (KLCI) recording its first green session for the week.
KUALA LUMPUR, July 23 (Bernama) -- The latest data showed that over 8.5 million Sumbangan Tunai Rahmah (STR) recipients have been registered, and RM4 billion in cash aid disbursed through the initiative’s Phase 1 and 2 payments, said the Ministry of Finance (MOF).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
KUALA LUMPUR, July 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.5 per cent in the second quarter of 2025 (2Q 2025) based on advance gross domestic product (GDP) estimates, slightly outpacing previous quarter’s 4.4 per cent.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).
