30d ago
KUALA LUMPUR, Jan 8 (Bernama) -- The electric vehicle (EV) momentum is sustained despite tax headwinds as front-loaded EV inventories and open market value (OMV) revision deferral are expected to cushion the first half of 2026 (1H 2026) total industry volume (TIV), said CIMB Securities Sdn Bhd.
1m ago
KUALA LUMPUR, Jan 6 (Bernama) -- Following the conclusion of the electric vehicle (EV) tax holiday, Tesla Malaysia will continue to offer all its vehicle line-ups at the same starting prices introduced in 2025.
1m ago
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s headline inflation edged up slightly to 1.4 per cent in November 2025 from 1.3 per cent in the previous month, said Bank Negara Malaysia (BNM).
2m ago
KUALA LUMPUR, Nov 24 (Bernama) -- The government collected RM73.81 million in excise duty on sugar-sweetened beverages (SSBs) from January to November 2025, bringing total SSB excise revenue to RM521.35 million to date, according to the Ministry of Finance (MoF).
3m ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government is identifying the best methods to mitigate the implications of the increase in local vehicle prices in line with the enforcement of regulation P.U.(A) 402/2019, said Deputy Finance Minister Lim Hui Ying.
3m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 16 (Bernama) -- Discussions are underway on alternative initiatives to encourage electric vehicle (EV) adoption following the removal of excise duty exemptions on completely built-up (CBU) EVs starting in 2026, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
3m ago
KUALA LUMPUR, Oct 11 (Bernama) -- The proposed inclusion of Lemon Law under the Consumer Protection Act 1999, which will protect buyers from purchasing defective vehicles, is broadly positive for market confidence as it could encourage consumers to consider new automotive brands, according to RHB Investment Bank Bhd.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Carsome has highlighted the need for a clear long-term automotive roadmap to sustain industry growth and investor confidence following the tabling of Budget 2026.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Below are the highlights from Budget 2026, themed the Fourth MADANI Budget: People’s Budget, which was tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said excise duties for cigarette and alcohol products will be raised effective Nov 1, 2025 under the Budget 2026.
3m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
4m ago
KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.