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KLSICCI Urges Targeted, Phased SST Expansion To Safeguard MSME, B40 Groups

KUALA LUMPUR, June 14 (Bernama) -- The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has urged the government to adopt a strategic, inclusive and phased approach in expanding the Sales and Service Tax (SST) to avoid unintended burdens on vulnerable groups and micro, small and medium enterprises (MSMEs).

Extended SST Timely And Essential To Beef Up Economic Resilience

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.

SST Revision, Expansion For Equitable Taxation, Protection Of Vulnerable Groups -- Amir Hamzah

KUALA LUMPUR, June 11 (Bernama) -- The Sales and Service Tax (SST) revision and expansion exemplify the government’s commitment to progressive and equitable taxation that strengthens fiscal position while protecting those who need it most, said Finance Minister II Datuk Seri Amir Hamzah Azizan

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

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.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

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.

Bursa Malaysia Seeks Public Feedback On Listing Amendments

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking public feedback on the proposed amendments to the Main Market, ACE Market, and LEAP Market Listing Requirements (LR), including updates to the corporate rescue mechanism framework and exempted related party transactions.

MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption

KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.

UDA Offers 422 Property Units To Strengthen Southern Market Presence

KUALA LUMPUR, May 24 (Bernama) -- Leading property developer and asset manager UDA Holdings Bhd (UDA) is reinforcing its presence in Johor with the launch of 422 property units, targeting a broad demographic in a move to boost urban homeownership.

RHB Bank Cautious About Malaysia’s Export Outlook Despite April Surge

KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.

Honda Malaysia Launches Maiden Battery Electric Vehicle

KUALA LUMPUR, May 15 (Bernama) -- Honda Malaysia has launched its first battery electric vehicle (BEV), the e:N1, priced at RM149,900.

AM Best Cites Underwriting Volatility In Korea P&I Club's Outlook Revision

KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).