Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks
KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.
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5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
MoF Dismisses 2026 Car Price Hike Reports, Says Vehicle Valuation Review Underway
KUALA LUMPUR, Feb 11 (Bernama) -- The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (MITI) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.
Finalised SST Scope Of Expansion, Rate Review To Be Gazetted In 1Q 2025 - MOF
KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.
Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar
KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.
Moody’s Affirms Malaysia’s Sovereign Credit Rating At “A3” With Stable Outlook
KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.
Malaysia Trade Seen Growing In Line With WTO Outlook -- MITI
KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s trade is expected to expand in line with the outlook published by the World Trade Organisation (WTO), which projected global merchandise trade volume to grow by three per cent, according to the Ministry of Investment, Trade and Industry (MITI).
ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities
KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).
MoF Approves Digital Banking Licence To YTL Digital Bank
KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Finance (MoF) has approved the issuance of a digital banking licence to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd.
Sumbangan Asas Rahmah Extended To Sabah, Sarawak Via Mykad
KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).
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.