KUALA LUMPUR, July 4 (Bernama) – The Finance Ministry (MOF) has agreed to provide transitional support to industry players during the change in the scope of the Sales and Service Tax (SST), following feedback regarding difficulties in complying with all operational requirements.
KUALA LUMPUR, July 4 (Bernama) -- The ringgit opened marginally higher against the US dollar amidst improving United States (US) economic data, which supported the greenback, said an analyst.
KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.
KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.
KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.
PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.
KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made starting from Aug 1, 2025.
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
KUALA LUMPUR, June 19 (Bernama) -- MSM Malaysia Holdings Bhd reiterates its call for a tariff on imported sugar to address the ongoing influx of low-priced Thai sugar into the domestic market.
KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).
