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FMM Calls For SST Relief On Rentals, Logistics To Avoid Compounding Tax Effects

KUALA LUMPUR, Jan 6 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) recommends exempting small and medium enterprise (SME) manufacturers of taxable goods from paying Sales and Service Tax (SST) on input services such as rentals and logistics, to prevent compounding tax-on-tax effects that drive up costs.

Putra Heights Incident: Balancing Safety And Urban Development

KUALA LUMPUR, Sept 1 (Bernama) -- When a Petronas Gas Bhd (PGB) pipeline ruptured in Putra Heights during the Hari Raya Aidilfitri holidays, sending a fireball hundreds of metres into the air, it was a stark reminder of how modern development and critical infrastructure must coexist safely.

BNM Announces Additional RM2.5 Bln Fund For SMEs

KUALA LUMPUR, Jan 6 (Bernama) -- Bank Negara Malaysia (BNM) is providing an additional RM2.5 billion under its fund for small and medium enterprises (SMEs), with a focus on channelling these funds to first-time borrowers.

Manufacturers Should Remain Vigilant Over Rising Construction Material Cost -- REHDA

PETALING JAYA, Jan 6 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (REHDA) has urged local producers and manufacturers to remain vigilant over the rising cost of construction materials, which could impact the affordability of property prices.

e-Invoicing Deferment Provides Much-Needed 'headroom' For SMEs -- FMM

KUALA LUMPUR, Jan 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) views the deferment of e-invoicing as a pragmatic step that acknowledges the readiness gap among micro and small enterprises, particularly in terms of digital capability, systems integration, and compliance costs.

Excess Tax Payment Refunds For 2023, 2024 Will Be Completed This Year -- PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.

E-Invoicing Implementation Postponed For A Year For Companies With Sales Of RM1 Mln To RM5 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- Mandatory e-invoicing for companies with annual sales of between RM1 million and RM5 million, originally scheduled to take effect from Jan 1, 2026, has been extended by a year without any penalty being imposed.

Corporate Figure Syed Zainal Abidin Appointed New Chairman Of Perbadanan Wakaf Selangor 

SHAH ALAM, Jan 2 (Bernama) -- Corporate figure Tan Sri Syed Zainal Abidin Syed Mohamed Tahir has been appointed as the new Chairman of Perbadanan Wakaf Selangor  (PWS), effective yesterday (Jan 1), with the consent of the Sultan of Selangor, Sultan Sharafuddin Idris Shah.

Malaysia Enters Fourth Phase Of E-invoicing To Strengthen Tax System, Ease SME Compliance

KUALA LUMPUR, Jan 1 (Bernama) -- Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout today, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and medium enterprises (SMEs).

BNM Reappoints One MPC External Member, Three Shariah Advisory Council Members

KUALA LUMPUR, Dec 31 (Bernama) -- Bank Negara Malaysia announced the reappointment of Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) for a three-year term, effective Jan 1, 2026.

SEDA Malaysia Hosts AI Webinar To Advance Sustainable Energy Agenda

KUALA LUMPUR, Dec 30 (Bernama) -- The Sustainable Energy Development Authority (SEDA) Malaysia has organised the ‘Artificial Intelligence (AI) and Its Role in the Energy Sector’ webinar to explore how advanced digital technologies are shaping the future of sustainable energy.

PNB Merdeka Ventures Appoints Izwan Hasli As CEO

KUALA LUMPUR, Dec 29 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV), the developer of the Merdeka 118 precinct in Kuala Lumpur, has appointed Datuk Ir Ts Izwan Hasli Mohd Ibrahim as its new chief executive officer (CEO), effective Jan 1, 2026.