13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
21d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- Apex Securities Bhd has maintained its projection for inflation to rise modestly to two per cent in 2026, the upper end of the official forecast range of 1.3-2.0 per cent.
2m ago
KUALA LUMPUR, Oct 2 (Bernama) -- The RAM Business Confidence Index (RAM BCI) rose to 48.4 in the third quarter (3Q) of 2025, compared to 40.0 in 2Q, reflecting a notable improvement in business sentiment for the upcoming three months.
3m ago
KUALA LUMPUR, Sept 17 (Bernama) -- The manufacturing sector’s second half of 2025 (2H 2025) is projected to be softer due to persistent cost pressures and weaker demand expectations, according to the Federation of Malaysian Manufacturers (FMM).
3m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.
3m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
4m ago
KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
5m ago
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.
5m ago
KUALA LUMPUR, July 22 (Bernama) -- Malaysia's inflation for 2025 is projected at 2.0 per cent, supported by the “gradual and orderly implementation of fiscal retargeting measures and moderate demand-side pressures,” said RHB Investment Bank Bhd (RHB IB).
5m 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).
5m ago
PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.