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.
JOHOR BAHRU, June 11 (Bernama) -- The Malaysian Pineapple Industry Board (LPNM) is optimistic that the reviewed and expanded Sales and Service Tax (SST), which comes into effect on July 1, 2025, will positively impact the growth of the national pineapple industry.
KUALA LUMPUR, June 11 (Bernama) -- The Ministry of Finance (MOF) has clarified that agricultural produce grown in Malaysia are not subject to sales tax under the expanded Sales and Service Tax (SST).
KUALA LUMPUR, June 11 (Bernama) -- Asia-Pacific Economic Cooperation (APEC) Finance Ministers will unveil a new roadmap this October to replace the Cebu Action Plan, setting out priorities for the Finance Ministers’ Process (FMP) over the next five years, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
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.
KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.
From Kisho Kumari Sucedaram
HUANGSHAN, June 5 (Bernama) -- Malaysia is seeking to forge strategic partnerships with China’s Anhui Province in the digital economy, green technology and palm oil sectors under the Regional Comprehensive Economic Partnership (RCEP) framework to expand future-oriented regional cooperation.
KUALA LUMPUR, June 4 (Bernama) -- Unison Technology & Manufacturing (M) PLT is introducing modular hive systems and training initiatives to strengthen stingless bee farming and rural livelihoods in Malaysia in line with the country’s participation in Expo 2025 Osaka.
KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.
KUALA LUMPUR, May 28 (Bernama) -- FGV Holdings Bhd has returned to the black with a net profit of RM36.48 million for the first quarter ended March 31, 2025 (1Q 2025), compared with a net loss of RM13.50 million in 1Q 2024.
KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.
