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KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Jan 27 (Bernama) -- Outstanding ‘Buy Now, Pay Later’ (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 per cent of the country’s total household debt, Deputy Finance Minister Liew Chin Tong said.
KUALA LUMPUR, Jan 22 (Bernama) -- Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best practices.
KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously.
KUALA LUMPUR, Jan 22 (Bernama) -- A total of 222 complaints regarding medical and health insurance/takaful (MHIT) products from the public were received by Bank Negara Malaysia Laman Informasi Nasihat dan Khidmat (BNMLINK) throughout 2025, according to the Ministry of Finance (MOF).
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- Almost one third of the approximately RM624.97 million disbursed under the Sumbangan Asas Rahmah (SARA) aid programme since Jan 9 has been spent as of Jan 13, indicating its effectiveness in helping low-income groups cope with the cost of living.
KUALA LUMPUR, Jan 15 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, while gross domestic product (GDP) is projected to grow by 4.3 per cent, said Small and Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
KUALA LUMPUR, Jan 9 (Bernama) -- Franklin Sports, a Massachusetts-based sporting goods brand, has signed pickleball’s number one player, Anna Leigh Waters, to a long-term agreement, further elevating the brand’s presence in the global pickleball landscape.
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.
KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.
