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.
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.
KUALA LUMPUR, May 27 (Bernama) -- The Technology Depository Agency Bhd (TDA) has upgraded the Malaysian Customs Import Export Document System (MyCIEDS) to an integrated digital system.
KUALA LUMPUR, May 13 (Bernama) -- Malaysia has decided to impose definitive anti-dumping duties on the importation of certain flat-rolled products of iron or non-alloy steel from China, India, Japan and South Korea following an investigation to determine the existence, degree and effect of alleged dumping of such products from these countries.
KUALA LUMPUR, May 7 (Bernama) -- Malaysia has imposed definitive anti-dumping duties on imports of Polyethylene Terephthalate (PET) from China (from 2.29 per cent to 11.74 per cent), and Indonesia (37.44 per cent), effective today.
KUALA LUMPUR, April 30 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has urged the government to defer the implementation of the expanded sales and service tax (SST) beyond the new date of June 1, 2025, flagging its potential impact on businesses and consumers.
SEREMBAN, April 15 (Bernama) -- Fraser & Neave Holdings Bhd (F&NHB) has marked a milestone with its first batch of 2,500 dairy heifers from Chile to its integrated dairy farm in Gemas, Negeri Sembilan.
KUALA LUMPUR, March 25 (Bernama) -- The Nvidia AI chip fraud case, which is allegedly linked to Malaysia, is still under investigation, and the Ministry of Investment, Trade and Industry (MITI) is fully cooperating with the investigation team, said MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, March 17 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has reaffirmed its commitment to tackling wildlife smuggling at Kuala Lumpur International Airport (KLIA) through tighter security measures and closer cooperation with enforcement agencies.
KUALA LUMPUR, March 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, has launched MADANI Digital Trade (MDT), an integrated virtual showcase to strengthen Malaysian exporters’ access to global markets.
KUALA LUMPUR, March 6 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said there are no findings or reports indicating that Nvidia artificial intelligence (AI) chips in servers were transferred to Malaysia from Singapore as claimed.
KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.
