3m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.
3m ago
KUALA LUMPUR, Sept 9 (Bernama) -- Asteel Group Bhd’s 80.36 per cent subsidiary, Asteel Synergy Sdn Bhd, has received a letter of award worth RM10.1 million from EC Bina Sdn Bhd for the supply, delivery and installation of roof finishing for a factory building in Selangor.
3m ago
BEIJING, Sept 9 (Bernama-VNA) -- Trade between the Association of Southeast Asian Nations (ASEAN) and China reached US$597 billion in the first seven months of this year, up 8.2 per cent year-on-year and accounting for 16.7 per cent of China’s total foreign trade during the period, according to the Chinese Commerce Ministry.
3m ago
KUALA LUMPUR, Sept 3 (Bernama) -- Inta Bina Group Bhd’s wholly owned subsidiary Inta Bina Sdn Bhd (IBSB) has accepted a letter of award (LoA) for a construction project worth RM212.34 million from Sime Darby Property (KL East) Sdn Bhd.
3m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 3 (Bernama) -- Some may argue that the approved investments reported by the Malaysian Investment Development Authority (MIDA) and the foreign direct investment (FDI) figures from the Department of Statistics Malaysia (DOSM) for the first half of 2025 (1H 2025) appear contradictory.
4m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
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KUALA LUMPUR, Aug 26 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV) has proposed an Islamic Medium-Term Notes (IMTN) programme (Merdeka Sukuk Wakalah Programme) of up to RM6 billion in nominal value.
4m ago
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.
4m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Construction Group Bhd’s shares on Bursa Malaysia went up in the early session today after the company and its subsidiaries were spared from an ongoing anti-graft probe involving one of its employees.
4m ago
KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia remains committed to reactivating economic cooperation with member countries of the Developing Eight (D-8) through various strategic initiatives, according to the Ministry of Investment, Trade and Industry (MITI).
4m ago
KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
4m ago
KUALA LUMPUR, Aug 13 (Bernama) -- The government is of the view that revenue collection under consumption tax through the Sales and Service Tax (SST) should be continued and can be further improved, as it is an existing tax that is already understood by the industry, traders, and the public.