KUALA LUMPUR, June 11 (Bernama) -- The Sales and Service Tax (SST) revision and expansion exemplify the government’s commitment to progressive and equitable taxation that strengthens fiscal position while protecting those who need it most, said Finance Minister II Datuk Seri Amir Hamzah Azizan
KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.
By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.
KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
KUALA LUMPUR, June 9 (Bernama) -- Populous, the world-renowned design firm, has announced the acquisition of Denver-based Fentress Architects, a global leader in iconic aviation projects and prominent public buildings, to broaden its scope and scale of services offered to global clients.
By Anas Abu Hassan
KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.
KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
A Commentary By M.Saraswathi
KUALA LUMPUR, May 26 (Bernama) -- The leaders of Southeast Asia’s 10-member grouping have adopted an ambitious new economic strategy that envisions a developed ASEAN as the epicentre of growth in the larger Asia-Pacific region, elevating its stature to emerge as the world’s fourth-largest economy.
KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life).
KUALA LUMPUR, May 14 (Bernama) -- Malaysia and Russia have expressed a shared intention to deepen trade and investment between the two nations, signalling a new chapter in their growing bilateral relationship.
