| LATEST NEWS | No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | |
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.
KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s economy is expected to sustain steady growth in 2025 of above 5.0 per cent, supported by strategic investment, robust fiscal management and economic resilience, said the Ministry of Finance.
KUALA LUMPUR, Jan 12 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is a testament to Malaysia and Singapore’s shared vision of complementing each other’s strengths to drive economic progress, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Jan 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has identified 33 indicators with 32 actions to be implemented in the short and medium term through the first meeting of the National Competitiveness Committee (JKDSN).
KUALA LUMPUR, Jan 9 (Bernama) -- The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Jan 8 (Bernama) -- The Ministry of Finance (MoF) and the Johor state government have announced an incentive package for the Johor-Singapore Special Economic Zone (JS-SEZ) designed to drive high-value investments into Johor.
KUALA LUMPUR, 26 Dis (Bernama) -- The government is set to organise the Malaysian Economic Forum (FEM2025) on Jan 9, 2025, to chart Malaysia’s priorities and policies for 2025.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.
KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia is on the right track to consistently reduce its deficit rate, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Dec 4 (Bernama) -- A total of 13 per cent of the 477,571 borrowers registered with the Credit Counselling and Debt Management Agency (AKPK) have fully settled debts exceeding RM3.2 billion, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Dec 3 (Bernama) – The government will simplify financial cross-border approvals under the Foreign Exchange Policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
