Highlights From Budget 2026

KUALA LUMPUR, Oct 10 (Bernama) -- Below are the highlights from Budget 2026, themed the Fourth MADANI Budget: People’s Budget, which was tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

E-invoicing Effective 2026, Tax Exemption For Vehicles Below RM300,000 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The e-invoice initiative will be implemented comprehensively in 2026, along with the self-assessment system for stamp duty to foster tax compliance, said Prime Minister Datuk Seri Anwar Ibrahim.

Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).

HIES 2024: Malaysia Achieves Major Milestone With Hardcore Poverty Rate At 0.09 Pct

PUTRAJAYA, Oct 8 (Bernama) -- Malaysia has achieved a major milestone with hardcore poverty almost eradicated, recording a rate of 0.09 per cent based on the 2024 Household Income and Expenditure Survey (HIES) announced today, compared with 0.2 per cent in 2022.  

Megah Port Management Recognised Again For Service Excellence In Labuan

LABUAN, Sept 30 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan port, has been recognised by the Labuan Freight Forwarders Association (LFFA) for its continued commitment to efficient and reliable cargo handling services.

Labuan IBFC Marks 35 Years As Strategic Regional Financial Hub

 LABUAN, Sept 29 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) has reached a defining chapter in its 35-year journey, standing as a resilient, innovative and globally recognised hub for financial services.

Labuan IBFC Makes Global Financial Index Debut, Drives Islamic Digital Innovation

LABUAN, Sept 29 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) achieved a milestone with its maiden inclusion in the Global Financial Centre Index (GFCI), cementing its reputation as a growing international financial hub.

Labuan IBFC Business Activities Boost National, Local Economy -- Amir Hamzah

LABUAN, Sept 29 (Bernama) -- Business operations of both foreign and Malaysian companies within the Labuan International Business and Financial Centre (Labuan IBFC) have created economic activities, investments, and revenue that benefit the nation’s coffers and the island as a whole, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Finance Minister II Briefed On Labuan IBFC’s Strategic Development

By Jailani Hasan

LABUAN, Sept 29 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan today received a detailed briefing from the Labuan Financial Services Authority (Labuan FSA) on the progress, achievements and future direction of the Labuan International Business and Financial Centre (Labuan IBFC).

Malaysia's Inflation Rises 1.3 Pct In August - DOSM

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s inflation increased 1.3 per cent in August 2025, with the index points standing at 134.9, against 133.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

ASB, Legenda In Pact To Transform Scheduled Waste Management In Labuan

LABUAN, Sept 3 (Bernama) -- A strategic joint venture between Asian Supply Base Sdn Bhd (ASB) and Legenda Bumimas Sdn Bhd is set to transform scheduled waste management in Labuan.

CILTM Sabah, KUS Strengthen Collaboration For Sabah’s Infrastructure, Logistics Development

By Jailani Hasan

LABUAN, Aug 29 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah and Korridor Utility Sabah (KUS) have underlined the importance of close collaboration and coordination to advance utility planning as a central pillar in Sabah’s infrastructure, logistics and development agenda.