2m ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
2m ago
By Nur Ashikin Abdul Aziz
SINGAPORE, Oct 9 (Bernama) -- Deputy Investment, Trade and Industry Minister Liew Chin Tong has called on ASEAN to move beyond the traditional export-led industrialisation model, stating that it is no longer sustainable in the face of current global challenges.
2m ago
KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysia Semiconductor Industry Association (MSIA) hopes Budget 2026 will include a strategic announcement to fund key initiatives that support the “Made by Malaysia” agenda.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).
9m ago
CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.