18d ago
BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 20 (Bernama) -- The Malaysian government has moved swiftly to roll out targeted assistance measures to help micro, small and medium-sized enterprises (MSMEs) sustain operations amid a global energy crisis triggered by conflict in West Asia, as authorities acknowledge mounting pressures on small businesses.
1m ago
PUTRAJAYA, April 20 (Bernama) -- The government has announced several measures to help micro, small and medium enterprises (MSMEs) sustain operations amid the global energy crisis and the West Asia conflict, which have raised operating costs and disrupted supply chains.
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KUALA LUMPUR, April 7 (Bernama) -- The Malaysian Biodiesel Association (MBA) has called on the government to follow the proactive measures announced by other ASEAN counterparts and expedite the nationwide implementation of higher blends under the national biodiesel programme for both the transport and industrial sectors.
2m ago
KUALA LUMPUR, March 27 (Bernama)-- The Federation of Malaysian Manufacturing (FMM) is seeking the government's intervention to mitigate the impact of the West Asia conflict on Malaysia's manufacturing sector.
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KUALA LUMPUR, March 5 (Bernama) -- Records from the Royal Malaysian Customs Department (JKDM) revealed that, from 2024 to January 2026, 1,325 traders did not register for the Sales and Service Tax (SST) despite collecting the tax, according to the Ministry of Finance (MOF).
2m ago
KUALA LUMPUR, March 2 (Bernama) — Revenue from individual taxpayers is projected to increase by 9.4 per cent in 2026, driven partly by more stable wage growth, leading to a 13 per cent rise in registered individual taxpayers, according to the Finance Ministry.
3m ago
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.
3m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).
4m ago
KUALA LUMPUR, Jan 6 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) recommends exempting small and medium enterprise (SME) manufacturers of taxable goods from paying Sales and Service Tax (SST) on input services such as rentals and logistics, to prevent compounding tax-on-tax effects that drive up costs.
4m ago
KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.