| 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. | |
KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).
By Zufazlin Baharuddin
PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.
PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.
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.
KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.
KUALA LUMPUR, April 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver the keynote address and officiate the launch of the ASEAN Simplified Environmental, Social and Governance (ESG) Disclosure Guide for SMEs in Supply Chains Version 1 today (ASEAN SEDG).
By Zarul Effendi Razali
KUALA LUMPUR, April 7 (Bernama) -- As senior officials concluded the first day of the 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM), it became evident that while the retaliatory tariffs imposed by the United States present significant challenges, they also offer opportunities for Southeast Asian member states.
KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.
KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.
PUTRAJAYA, Oct 13 (Bernama) -- Budget 2025 will take into account the views and recommendations of various parties, industries, and citizens across all walks of life which had been put forth during the various engagement sessions held nationwide.
