Customs Department Cut Operating Cost To RM2.13 For Every RM100 Of Revenue Collected In 2025
KUALA LUMPUR, Jan 14 (Bernama) -- The Customs Department has reduced its operating cost for every RM100 of revenue collected to RM2.13 in 2025.
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Service Tax On Rentals For MSMEs Reduced To 6 Pct – PM Anwar
KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.
2025 Tax Trinity: US Tariffs, SST Expansion and E-invoicing
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
Palm Oil Sector Well-positioned To Participate In Carbon Market -- Johari
KUALA LUMPUR, Dec 11 (Bernama) -- Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said the palm oil sector is well-positioned to participate in the carbon market, having already embedded sustainability and circular-economy practices across its value chain.
Fruit Importers Can Apply For SST Exemption To MOF -- MITI
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.
LPPSA Boosts Funding Strategy Via Rated Sukuk Programme, Supporting Govt's fiscal Aspiration
PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities.
AM Best Affirms Mongolian Re Credit Ratings
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).
Targeted Subsidy Doesn't Increase National Debt, Savings Up To RM4 Bln Per Year -- MoF
KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.
BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).
PAC Urges Khazanah To Strengthen Non-financial Risk Analysis
KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.
Sabah Budget 2026 To Be Tabled On Dec 12 - Masidi
KOTA KINABALU, Dec 3 (Bernama) -- The newly formed Sabah state government, following the 17th state election, is expected to table Sabah’s Budget 2026 on Dec 12.
Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - MoF
KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).