There are 66 news based on search keyword " cost of living"

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

Govt To Continue Monitoring Food Prices Post-SST Expansion

KUALA LUMPUR, July 23 (Bernama) -- The government will continue monitoring prices of goods, especially food items, to ensure that the cost of living does not increase following the expansion of the Sales and Service Tax (SST) which comes into force this month, said Deputy Finance Minister Lim Hui Ying.

Malaysia's Economy On The Right Track - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s economy remains solid amidst the prevailing challenges, and the government will continue to strengthen its efforts to ease the people’s burden through the fourth MADANI Budget in October.

Consumer Credit Bill 2025 Passed, Regulating Commission To Be Set Up

KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Bill 2025 was passed in the Dewan Rakyat today to protect the interests of credit consumers in the country.

Long-Term Structural Reforms Needed To Address Cost Of Living - Economist

KUALA LUMPUR, July 17 (Bernama) -- The government should adopt more holistic and forward-looking reforms to manage the rising cost of living, beyond short-term fiscal support, said AmBank Group chief economist Firdaos Rosli.

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

Financial Aid Programmes To Support B40, SST To Drive Economic Stability -- Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).

After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

TNG Digital Rolls Out Digital Payment Tools To Support Micro And Small Businesses

KUALA LUMPUR, June 19 (Bernama) -- TNG Digital Sdn Bhd is broadening its support for micro and small enterprises, particularly independent traders operating at markets, food stalls and public spaces, by offering accessible and easy-to-use digital payment tools.

TNG Digital Launches Business Account To Empower Micro SMEs And Gig Workers

KUALA LUMPUR, June 18 (Bernama) -- TNG Digital Sdn Bhd, Malaysia’s largest integrated fintech company, has launched the TNG Digital Business Account, a zero-barrier digital solution aimed at supporting micro, small and medium enterprises (MSMEs) and gig workers.

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

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.

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).