KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.
KUALA LUMPUR, Sept 17 (Bernama) -- The manufacturing sector’s second half of 2025 (2H 2025) is projected to be softer due to persistent cost pressures and weaker demand expectations, according to the Federation of Malaysian Manufacturers (FMM).
PUTRAJAYA, Sept 12 (Bernama) – Animal feed, including raw soybeans which are a key component in its production, is now exempt from Sales Tax or subject to a zero rate as part of efforts to stabilise the prices of essential food items such as chicken, eggs and meat.
KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Sept 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
PUTRAJAYA, Sept 4 (Bernama) -- As preparations for the upcoming Budget 2026 to be unveiled in October are underway, the government will also examine support mechanisms to strengthen housing reform, with a particular focus on expanding access to affordable housing, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Sept 2 (Bernama) -- The government is finalising a new tax incentive framework to attract more high-value investments, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).
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.
