KUALA LUMPUR, Sept 10 (Bernama) -- The lower Overnight Policy Rate (OPR) is expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia’s economic growth performance in the second quarter of 2025 (2Q 2025) remained resilient despite geopolitical and global trade uncertainties, outperforming several ASEAN countries, including Singapore and Thailand
KUALA LUMPUR, Sept 9 (Bernama) -- The federal government’s RM547.6 million allocation in capitation grants in 2026 reflects its current financial capacity, according to the Ministry of Finance (MOF
PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.
KUALA LUMPUR, Sept 4 (Bernama) -- The implementation of the Sumbangan Asas Rahmah (SARA) will not only ease people’s burden, but will also be a catalyst for domestic economic activity with benefits flowing to small retailers and local suppliers.
KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
KUALA LUMPUR, Aug 29 (Bernama) -- The government is in the process of drafting an act related to government-linked companies (SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF).
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.
PUTRAJAYA, Aug 22 (Bernama) -- The BioAgrotech & BioPharmaceutical Career and Entrepreneurship Programme 2.0 (BeST 2.0) will be expanded into new biotechnology-related subsectors, including artificial intelligence (AI), augmented reality (AR), virtual reality (VR) and green energy technology, to ensure training modules remain aligned with industry needs.
KUALA LUMPUR, Aug 22 (Bernama) -- The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).
KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).
