5m ago
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.
5m ago
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.
5m ago
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.
5m ago
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.
5m ago
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).
5m ago
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.
5m ago
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 16 (Bernama) -- Bursa Malaysia is expected to rise next week towards the 1,590 resistance level, contingent on supportive global risk sentiment and incremental clarity over semiconductor tariff trajectories, said an analyst.
5m ago
KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- The government is of the view that revenue collection under consumption tax through the Sales and Service Tax (SST) should be continued and can be further improved, as it is an existing tax that is already understood by the industry, traders, and the public.
6m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, as persistent buying activities in selected heavyweights and fresh catalysts lifted market sentiment.
6m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).