3d 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.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Finance (MoF) said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).
6d ago
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.
6d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has unlocked nearly RM100 billion in financing for small and medium enterprises (SMEs) by guaranteeing up to 80 per cent of the risks that banks are unwilling to bear.
8d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The government has taken an unprecedented step by adding 20.23 hectares of Melayu reserve land in Bandar Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.
9d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to expand the existing tax deduction for listing expenses — currently set at RM1.5 million and available to technology-based companies and micro, small, and medium enterprises (MSMEs) — to also include MSMEs in the energy and utilities sectors.
9d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to review tax incentives for venture capital companies (VCCs), venture capital management companies (VCMCs), and individual shareholders of VCCs to further encourage investment by VCCs.
9d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim today presented Budget 2026 totalling RM419.2 billion.
9d ago
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
9d ago
By Anas Abu Hassan & K Naveen Prabu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.
9d ago
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).