Government Mulls Raising Tobacco Tax — Anwar
PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.
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MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals
KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.
Budget 2026 Aligned With First Year Of 13MP — Anwar
PUTRAJAYA, Aug 7 (Bernama) -- Budget 2026, to be tabled this October, will be aligned with the implementation of the first year of the 13th Malaysia Plan (13MP) to ensure the country’s development trajectory is consistent with the medium-term policy framework introduced earlier.
Over 160,000 BNPL Users Have RM121.8 Mln In Overdue Debt - Lim
KUALA LUMPUR, Aug 7 (Bernama) -- A total of 168,967 'Buy Now Pay Later' (BNPL) account holders, or 2.6 per cent of the total 6.5 million users, had outstanding balances as at June 30, 2025, said Deputy Finance Minister Lim Hui Ying.
Malaysia’s Semiconductor Exports still Exempted From Reciprocal Tariffs -- Miti
KUALA LUMPUR, August 7 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) reiterated that Malaysia’s semiconductor exports to the United States (US) are currently still exempted from reciprocal tariffs.
Malaysia Expected To Attract RM637 Bln Investments In RE, Green Technology By 2050
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (PETRA).
2026 Budget Is The First To Support The Goals Of The 13th Malaysia Plan -- Amir
PUTRAJAYA, August 7 (Bernama) -- The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan and will focus on three main pillars, namely raising the ceiling, raising the floor, and strengthening good governance in the public administration.
Govt To Study Possibility Of Enhancing Localisation Terms For Foreign Investors, Says Liew
KUALA LUMPUR, Aug 6 (Bernama) -- The government will review the possibility of strengthening localisation requirements imposed on foreign investors to create a more resilient ecosystem in Malaysia, enabling local companies to benefit from spillover effects.
KPK Reviewing Allocation Needs For New Rubber Planting In Ranau
KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Plantation and Commodities (KPK) through the Malaysian Rubber Board, is re-evaluating the need to increase allocations for the opening of new rubber planting areas, particularly in hardcore poverty areas such as Ranau.
Total Of 1,533 Furniture Projects Worth RM11.62 Bln Approved As Of March - Liew
KUALA LUMPUR, Aug 5 (Bernama) — A total of 1,533 furniture projects have been approved with an investment value amounting to RM11.62 billion as of March this year, according to the Malaysian Investment Development Authority (MIDA), said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.
Rise In FFB Prices Among Main Reasons For Low Oil Palm Replanting Rate In 2024 - Johari
KUALA LUMPUR, Aug 5 (Bernama) -- The increase in the price of fresh fruit bunches (FFB) is one of the main contributing factors for the low replanting rate in 2024, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.
Fiscal Deficit To Fall In Phases To Reduce National Debt Burden - PM Anwar
KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.