6m ago
KUALA LUMPUR, July 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.5 per cent in the second quarter of 2025 (2Q 2025) based on advance gross domestic product (GDP) estimates, slightly outpacing previous quarter’s 4.4 per cent.
6m ago
By Wan Muhammad Aslah Wan Razali
KUALA LUMPUR, July 9 (Bernama) -- Norway is optimistic about boosting economic ties with ASEAN and Malaysia, focusing on sustainability, trade and green growth, said Deputy Foreign Minister Andreas Motzfeldt Kravik.
6m ago
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains optimistic about the outcome of its tariff negotiation with the United States (US), banking on certain sectors that could be favourable to both countries, says Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Aziz.
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
6m ago
By Nurul Hanis Izmir
PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.
7m ago
KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.
7m ago
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
7m ago
A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
7m ago
KUALA LUMPUR, June 11 (Bernama) -- The Sales and Service Tax (SST) revision and expansion exemplify the government’s commitment to progressive and equitable taxation that strengthens fiscal position while protecting those who need it most, said Finance Minister II Datuk Seri Amir Hamzah Azizan
7m ago
KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.
7m ago
KUALA LUMPUR, June 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim says the MADANI unity government is deeply committed to tackling corruption and abuse of power but the reforms to combat these menaces will take time to materialise.