Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

Parliament 2025: Fiscal Discipline, Economic Reforms, Subsidy Retargeting Take Centre Stage

KUALA LUMPUR, Dec 18 (Bernama) -- The parliamentary sessions throughout 2025, involving the Dewan Rakyat and the Dewan Negara, saw economic debates focused on fiscal consolidation, structural reforms and efforts to address the cost of living for the people in an uncertain global economic environment.

Malaysian Re’s ASEAN Insurance Pulse 2025 Highlights Low Premium Retention, Capacity Gaps

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian Reinsurance Bhd (Malaysian Re) has released the ninth edition of its annual research publication, ASEAN Insurance Pulse 2025.

MyRMK To Be Introduced Next Year To Monitor Implementation Of 13MP - Akmal Nasrullah

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Economy will introduce MyRMK, an integrated monitoring system for the implementation of the 13th Malaysia Plan (13MP) starting next year, said Minister of Economy Datuk Seri Akmal Nasrullah Mohd Nasir today.

Palm Oil Industry To Remain Stable In 2026, Focusing On R&D, Yield Improvement – Johari

BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

e-Invoice Tackles Shadow Economy; Impact Being Assessed - Lim

KUALA LUMPUR, Dec 16 (Bernama) -- The government has taken several measures to address the shadow economy as part of its efforts to boost national revenue, including the implementation of the e-invoicing system, which started in 2024.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Korean Reinsurance Company (KRE).

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

IRB Settles RM14.55 Bln Tax Refunds, Involving 3.47 Mln cases - Lim

KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.

MAG Aims To Double Topline Revenue To Over RM24 Bln By 2030 Through LTBP3.0

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia Aviation Group Bhd (MAG) aims to double its topline revenue to more than RM24 billion by 2030 through its Long-Term Business Plan 3.0 (LTBP3.0) unveiled today. 

2025: A Year Malaysia kept Moving Despite Headwinds, Though Outlook Remains Cautious

KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.