S&P Global Ratings Reaffirms Malaysia’s Sovereign Credit Ratings, Stable Outlook - MOF

KUALA LUMPUR, Sept 20 (Bernama) -- S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF).

Low OPR Reduces Borrowing Costs, Helps People Own Homes - MoF

KUALA LUMPUR, Sept 10 (Bernama) -- The lower Overnight Policy Rate (OPR) is expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF).

Malaysia's Economy Remains Resilient, Outperforms Singapore, Thailand

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia’s economic growth performance in the second quarter of 2025 (2Q 2025) remained resilient despite geopolitical and global trade uncertainties, outperforming several ASEAN countries, including Singapore and Thailand 

Increase Of Capitation Grants In 2026 In Line With Federal Govt's Financial Capacity - MOF

KUALA LUMPUR, Sept 9 (Bernama) -- The federal government’s RM547.6 million allocation in capitation grants in 2026 reflects its current financial capacity, according to the Ministry of Finance (MOF

SARA Boosts Domestic Economy, A Boon For Small Retailers -- MoF

KUALA LUMPUR, Sept 4 (Bernama) -- The implementation of the Sumbangan Asas Rahmah (SARA) will not only ease people’s burden, but will also be a catalyst for domestic economic activity with benefits flowing to small retailers and local suppliers.

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Govt In Process Of Drafting Act Related To GLCs To Improve Corporate Governance - MOF

KUALA LUMPUR, Aug 29 (Bernama) -- The government is in the process of drafting an act related to government-linked companies (SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF).

KPK Submitting Application For CPKO SST Exemption To MOF

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).

National Financial Management Carried Out In Line With The Spirit Of FRA - PM Anwar

KUALA LUMPUR, Aug 19 (Bernama) -- The country's financial management must be carried out prudently and with discipline, in line with the spirit of the Public Finance and Fiscal Responsibility Act 2023 (FRA), said Prime Minister Datuk Seri Anwar Ibrahim.

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.