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KPK Submitting Application For CPKO SST Exemption To MOF

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

Inflation Outlook Steady, Limited Impact From Fuel Cut

KUALA LUMPUR, Aug 25 (Bernama) -- Public Investment Bank (IB) Bhd has maintained its 2025 headline inflation forecast at 1.9 per cent year-on-year, while CIMB Securities Sdn Bhd trimmed its projections, with both firms expecting only limited impact from the planned fuel price cut.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

Maxis Posts Higher Net Profit Of RM398 Mln In 2Q 2025

KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.

Dialog Group Net Profit For FY2025 Slips To RM303.83 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Dialog Group Bhd’s net profit for the financial year ended June 30, 2025 (FY2025) slid to RM303.83 million compared to RM575.03 million recorded in FY2024.

Manulife 2Q Net Profit Surges To RM43.14 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Manulife Holdings Bhd’s net profit for the second quarter ended June 30, 2025 (2Q 2025) rose to RM43.14 million from RM19.24 million a year earlier.

LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).

National Financial Management Carried Out In Line With The Spirit Of FRA - PM Anwar

KUALA LUMPUR, Aug 19 (Bernama) -- The country's financial management must be carried out prudently and with discipline, in line with the spirit of the Public Finance and Fiscal Responsibility Act 2023 (FRA), said Prime Minister Datuk Seri Anwar Ibrahim.

US Agricultural Products Tax Exemption Finalised Based On Mutual Interest - Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) – The sales tax exemption on imported United States (US) agricultural products is the result of negotiations finalised based on mutual interest, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

475 Mln E-invoices Issued To Date, Involving 98,813 Taxpayers - Lim

KUALA LUMPUR, Aug 19 (Bernama) -- As of Aug 18, 2025, a total of 475 million e-invoices have been issued by 98,813 taxpayers under the first, second and third phases of the mandatory implementation of the e-invoicing system, said Deputy Finance Minister, Lim Hui Ying.