8h ago
KUALA LUMPUR, Jan 29 (Bernama) -- A total of 2,554 files involving estates valued at RM3,000 and below were settled by Amanah Raya Bhd between January and December 2025, the Ministry of Finance (MOF) said.
11h 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).
2d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Outstanding ‘Buy Now, Pay Later’ (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 per cent of the country’s total household debt, Deputy Finance Minister Liew Chin Tong said.
6d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best practices.
6d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously.
6d ago
KUALA LUMPUR, Jan 22 (Bernama) -- A total of 222 complaints regarding medical and health insurance/takaful (MHIT) products from the public were received by Bank Negara Malaysia Laman Informasi Nasihat dan Khidmat (BNMLINK) throughout 2025, according to the Ministry of Finance (MOF).
7d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
12d ago
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- Almost one third of the approximately RM624.97 million disbursed under the Sumbangan Asas Rahmah (SARA) aid programme since Jan 9 has been spent as of Jan 13, indicating its effectiveness in helping low-income groups cope with the cost of living.
14d ago
KUALA LUMPUR, Jan 15 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, while gross domestic product (GDP) is projected to grow by 4.3 per cent, said Small and Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
20d ago
KUALA LUMPUR, Jan 9 (Bernama) -- Franklin Sports, a Massachusetts-based sporting goods brand, has signed pickleball’s number one player, Anna Leigh Waters, to a long-term agreement, further elevating the brand’s presence in the global pickleball landscape.
1m ago
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
1m ago
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.