5d ago
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.
5d ago
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.
18d ago
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.
2m ago
KUALA LUMPUR, July 15 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has not found any evidence of incidents relating to the smuggling of high-performance artificial intelligence (AI) chips, said its minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
2m ago
KUALA LUMPUR, July 4 (Bernama) – The Finance Ministry (MOF) has agreed to provide transitional support to industry players during the change in the scope of the Sales and Service Tax (SST), following feedback regarding difficulties in complying with all operational requirements.
2m ago
KUALA LUMPUR, June 27 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has welcomed the Ministry of Finance’s (MoF) revision to the expanded Sales and Service Tax (SST), describing it as a meaningful relief for the small and medium enterprises (SMEs).
2m ago
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.
2m ago
KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.
2m ago
KUALA LUMPUR, June 21 (Bernama) -- The government has completed the administrative (sunset) review and made an affirmative final determination to continue imposing anti-dumping duties on imports of cold rolled coils (CRC) of iron or non-alloy steel (over 1,300mm wide) from China and Japan, excluding those used for automotive and transformer finwall applications, or tin mill black plate.
2m ago
KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).
2m ago
KUALA LUMPUR, June 19 (Bernama) -- MSM Malaysia Holdings Bhd reiterates its call for a tariff on imported sugar to address the ongoing influx of low-priced Thai sugar into the domestic market.
2m ago
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.