5m ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.
5m ago
KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.
5m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 4 (Bernama) -- The palm oil industry has called for more targeted incentives and policy support under Budget 2026 to enhance export competitiveness, boost yields and productivity, and strengthen sustainability, according to the Malaysian Palm Oil Board (MPOB).
6m ago
KUALA LUMPUR, Sept 19 (Bernama) -- Budget 2026, to be tabled on Oct 10, is likely to focus on fine-tuning policies, said CGS International Securities Malaysia Sdn Bhd.
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KUALA LUMPUR, Sept 4 (Bernama) -- The implementation of the Sumbangan Asas Rahmah (SARA) will not only ease people’s burden, but will also be a catalyst for domestic economic activity with benefits flowing to small retailers and local suppliers.
6m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is expected to begin domestic production of sustainable aviation fuel (SAF) before the end of 2025 with the start of commercial operations by Ecoceres Renewable Fuels Sdn Bhd in Tanjung Langsat, Johor, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
7m ago
SHAH ALAM, July 25 (Bernama) -- The Selangor Agricultural Development Corporation (PKPS) will begin exporting cooking oil, sunflower oil, and margarine to international markets starting next month, according to state Agriculture and Infrastructure Committee chairman Datuk Izham Hashim.
9m ago
KOTA BHARU, June 21 (Bernama) -- The government is exploring new markets for Malaysia’s palm oil in an effort to reduce the nation’s reliance on major exporting markets affected by geopolitical conflicts.
9m ago
KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).
9m ago
A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
9m ago
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
9m ago
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.