A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
ALOR SETAR, June 4 (Bernama) -- Malaysia's Finance Minister II Datuk Seri Amir Hamzah Azizan has visited Bukit Kayu Hitam (BKH) Inland Customs Depot (ICD) and the free commercial zone during a recent working visit.
KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.
KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.
KUALA LUMPUR, May 19 (Bernama) -- The decision on the RON95 fuel subsidy rationalisation plan has been fully handed over to the Ministry of Finance (MoF) following a Cabinet decision, said Economy Minister Datuk Seri Rafizi Ramli.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
KUALA LUMPUR, May 1 (Bernama) -- Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees now earn above the monthly living wage threshold.
By Siti Radziah Hamzah
KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
By Nur Athirah Mohd Shaharuddin and Danni Haizal Danial Donald
KUALA LUMPUR, April 9 (Bernama) -- Malaysia met with representatives from the European Union (EU)-ASEAN Business Council (ABC) and the United States (US)-ABC on Tuesday regarding new initiatives that could be promoted to enhance trade, not only in Malaysia but also among ASEAN member countries.
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.
