KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
KUALA LUMPUR, Nov 16 (Bernama) — AirAsia will donate 15 pesos (100 pesos = RM6.98) for every seat sold from Nov 15, 2025 to Jan 14, 2026 to support typhoon relief and recovery programmes in the Philippines.
KUALA LUMPUR, Nov 13 (Bernama) -- Bank Islam Malaysia Berhad (Bank Islam), through its globally recognised social finance driver, Sadaqa House, continues to reinforce its commitment to empowering the next generation, especially orphans, asnaf individuals, and the B40 group, through the disbursement of Sadaqa House Scholarship and Education Grant.
KUALA LUMPUR, Nov 7 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, reported consolidated revenue of 730.7 million euros for the first nine months of 2025, down 3.6 per cent from a year earlier. (1 Euro = RM4.82)
KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.2 per cent in the third quarter of 2025 (3Q 2025), based on advance gross domestic product (GDP) estimates by the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 13 (Bernama) -- A total of 10,600 applicants, representing 87.2 per cent of the target group under the Electric Motorcycle Usage Incentive Scheme (MARiiCAS), have successfully purchased electric motorcycles with rebates as of Oct 8, the Ministry of Investment, Trade and Industry (MITI) said.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF).
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 10 (Bernama) -- The government has allocated a total of RM419.2 billion under Budget 2026, representing 19.7 per cent of gross domestic product (GDP), said the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 8 (Bernama) -- The federal government has approved loans totalling RM24.15 billion to state governments as of Aug 31, 2025, according to the Ministry of Finance (MOF).
By Mohd Noor Azeery Idris
KUALA LUMPUR, Oct 6 (Bernama) -- The Agrobank is hoping that the Business Financing Guarantee Scheme (SJPP) will continue to be enhanced under Budget 2026, given its positive impact on the economy, particularly in empowering micro, small and medium enterprises (MSMEs) in the agri-food sector.
KOTA KINABALU, Oct 4 (Bernama) -- The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has channelled RM1.25 billion in business financing to 66,992 entrepreneurs in Sabah since 1998, reflecting the government’s ongoing commitment to empowering micro-entrepreneurs in the state.
