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 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).
By Zufazlin Baharuddin
PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.
PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
By Ammar Shafiq Hamzah
KUCHING, June 18 (Bernama) -- ASEAN member countries should take advantage of the various cooperation opportunities and support offered by regional and international partners to advance the transition to renewable energy.
KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.
KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.
KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners.
From Kisho Kumari Sucedaram
HUANGSHAN, June 5 (Bernama) -- Stronger grassroots implementation, simplified processes for businesses, and closer public–private partnerships are key to unlocking the full potential of regional trade pacts, according to ASEAN Secretary-General Dr Kao Kim Hourn.
KUALA LUMPUR, May 27 (Bernama) -- The Asian Productivity Organization (APO) concluded its 67th Governing Body Meeting (GBM) in Jakarta on a high note, setting the course for the organisation's future through key leadership changes and strategic discussions.
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
