Customs Department Cut Operating Cost To RM2.13 For Every RM100 Of Revenue Collected In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- The Customs Department has reduced its operating cost for every RM100 of revenue collected to RM2.13 in 2025.

Malaysia Records 15-Fold Rise In Asset Recovery To RM37.63 Bln - Report

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.

Bhutan Eyes Stronger Trade Ties With Malaysia By 2027-2028

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 26 (Bernama) -- Bhutan is considering pursuing a free trade agreement (FTA) with Malaysia as it sees strong potential to expand exports by 2027 or 2028.

No Sales Tax Exemption For Goods Imported Via Foreign Portals -- Amir Hamzah

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia offers no blanket sales tax exemption on goods imported through foreign online portals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Sovereignty, Policy Autonomy, National Interests Remain Fully Protected Under ART - MITI

KUALA LUMPUR, Nov 17 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia’s sovereignty, policy autonomy and national interests remain fully protected under the Malaysia-United States Agreement on Reciprocal Trade (ART).

Over RM26 Bln Collected In Duties On Vehicles And Spare Parts For 2022-2024

KUALA LUMPUR, Nov 12 (Bernama) -- The total collection of import and excise duties on motor vehicles and motor vehicle spare parts for the period 2022 to 2024 amounted to RM26.47 billion, according to the Ministry of Finance (MOF).

Mesiniaga Bags RM135.58 Mln MOF Contract To Provide Product Marking Tech

KUALA LUMPUR, Sept 29 (Bernama) -- Mesiniaga Bhd has secured a RM135.58 million contract from the Finance Ministry, excluding government sales and service tax, to provide marking technology, system development services and comprehensive hardware.

4,000 Companies Expand Globally With MADANI Digital Trade Platform -- MATRADE

KUALA LUMPUR, Sept 29 (Bernama) -- Nearly 4,000 Malaysian companies have expanded globally through the MADANI Digital Trade (MDT) platform, enhancing their competitiveness in the global marketplace.

Malaysia Eyes Increasing Henan Flights In Bid To Boost Tourism, Investment

SEPANG, Sept 18 (Bernama) — Malaysia is looking at increasing the number of direct flights to and from Zhengzhou Xinzheng International Airport (CGO) in Henan, China, as part of efforts to enhance connectivity and boost tourism, trade and investment.

Malaysia, New Zealand Sign MRA To Simplify Customs Procedures For Exporters

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia and New Zealand today signed a Mutual Recognition Arrangement (MRA) that will enable both countries to recognise each other’s authorised economic operator programmes, giving exporters who meet globally accredited security criteria the benefit of simplified customs procedures.

Dewan Negara Passes Amendments To Anti Dumping Law To Protect Local Industries

KUALA LUMPUR, Sept 10 (Bernama) -- The Dewan Negara today passed the Countervailing and Anti-Dumping Duties (Amendment) Bill 2025, which aims to strengthen protection for local industries from unfair trade practices from foreign countries.

NACC 2025 Focuses On Govt Commitment To Turn Malaysia Into Cargo Aviation Hub

KUALA LUMPUR, Aug 27 (Bernama) – The government’s initiatives and commitment to develop four airports in the country into cargo aviation hubs were the focus of the National Aviation Consultative Council (NACC) 2025 meeting, according to the Transport Ministry.