13h ago
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).
13h ago
KUALA LUMPUR, March 5 (Bernama) -- For 2026, a total of RM6.2 billion has been disbursed in 95,285 tax refund cases as at Feb 18, 2026, according to the Ministry of Finance (MOF).
19h ago
PUTRAJAYA, March 5 (Bernama) -- The National Finance Council (NFC) has agreed to increase the grants provided by the federal government to state governments, with the total amount expected to reach RM10.5 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.
1d ago
PETALING JAYA, March 4 (Bernama) -- Avocados Australia Ltd, the national peak industry body representing Australia’s avocado growers, has formalised partnerships with Monash University Malaysia and the University of Wollongong (UOW) Malaysia.
3d ago
KUALA LUMPUR, March 3 (Bernama) -- A temporary closure or restriction of the Strait of Hormuz could sharply tighten supply, pushing up global crude oil and liquefied natural gas (LNG) prices, Economy Minister Akmal Nasrullah Nasir said.
3d ago
KUALA LUMPUR, March 2 (Bernama) -- Since the implementation of e-invoicing began on Aug 1, 2024, a total of 204,928 traders have submitted e-invoices, involving the issuance of more than one billion e-invoices overall to date, according to the Ministry of Finance (MOF).
3d ago
KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
3d 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.
4d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
6d ago
KUALA LUMPUR, Feb 27 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called for stronger innovation capabilities among small and medium enterprises (SMEs) and Tier-1 and Tier-2 suppliers to support upgrading, localisation and participation in global value chains.
7d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)
7d ago
KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year.