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Malaysia's May 2025 Inflation At 1.2 Pct Lowest In 51 Months - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia registered an inflation rate of 1.2 per cent in May 2025, the lowest in 51 months, with the Consumer Price Index (CPI) at 134.4 versus 132.8 a year ago, according to the Statistics Department Malaysia (DOSM).

Malaysia's Leading Index Grows By 0.5 Pct In April 2025 - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s leading index (LI) maintained its positive annual growth at a rate of 0.5 per cent, registering 113.6 points in April 2025 versus 113.0 points in April 2024, according to the Department of Statistics Malaysia (DOSM).

New Applications For Revised Service, Sales Tax Scope Open From Aug 1 -- MoF

KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made starting from Aug 1, 2025.

Empowering Financial Instruments For National Development - Academician

KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.

Tax Expansion Vital To Ensure Fiscal Sustainability - PMO

KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

By Zufazlin Baharuddin

PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.

Govt Expects Additional SST Revenue Of RM5 Bln In 2025, RM10 Bln In 2026 Following Revision

PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

Energy Transition: ASEAN Countries Urged To Tap Regional, International Cooperation

By Ammar Shafiq Hamzah

KUCHING, June 18 (Bernama) -- ASEAN member countries should take advantage of the various cooperation opportunities and support offered by regional and international partners to advance the transition to renewable energy.

Petronas LNG Navigates Short-term Market Volatility, Ensures Reliable Delivery -- Ceo

By Zufazlin Baharuddin

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary Petronas LNG Ltd (PLL) will continue to navigate short-term market volatility through strong operational systems and risk management processes to ensure reliable delivery of liquefied natural gas (LNG) to its buyers.

BNM, Govt To Work On Implementing 'Reset' Initiative To Address High Medical Inflation

KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.

Petronas, Commonwealth LNG Ink 20-year Sustainable LNG Deal

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd, has entered into a liquefied natural gas (LNG) sale and purchase agreement with Commonwealth LNG, LLC, to diversify its LNG portfolio through long-term supply from the United States.