KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
KUALA LUMPUR, Dec 3 (Bernama) -- Croesus IT Holdings Bhd is bolstering its focus on plantation technology (tech) as a key growth segment for the company following its listing on the LEAP Market of Bursa Malaysia today.
KUALA LUMPUR, Nov 24 (Bernama) -- Consolidated e-Invoices will not be permitted to be issued for business transactions valued at over RM10,000 as well as by the electric power and telecommunications industries starting Jan 1, 2026.
KUALA LUMPUR, Nov 24 (Bernama) -- A total of 735 million e-invoices have been issued by 108,000 taxpayers as of Nov 21, 2025, Deputy Finance Minister Lim Hui Ying said.
KUALA LUMPUR, Nov 6 (Bernama) -- The government has succeeded in reducing its dependence on petroleum-related revenue to 16.9 per cent in 2025 compared to 28 per cent in 2022 through revenue measures implemented since 2023, according to the Ministry of Economy.
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s Budget 2026 represents a clear shift in the government’s fiscal strategy, prioritising efficiency and discipline over new taxes to create spending space, according to economist Geoffrey Williams.
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2026 reinforces the government’s commitment to strengthening tax governance and anti-leakage measures, reflecting continued efforts to enhance fiscal transparency and enforcement, said PwC Malaysia.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 balances fiscal consolidation with fairness and competitiveness, according to Institute of Chartered Accountants in England and Wales (ICAEW) members.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 10 (Bernama) – The Malaysian economy is expected to experience moderate growth of four to 4.5 per cent in 2026 compared to 2025 on the back of a challenging global landscape, said Prime Minister Datuk Seri Anwar Ibrahim.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 8 (Bernama) -- The government is expected to table an expansionary Budget 2026, with the fiscal deficit projected at around 3.6 per cent of gross domestic product (GDP), compared with an estimated 3.8 per cent this year, according to an economist.
