Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

Senate: US Did Not Raise Bumiputera Rights Issue In Signing Of ART - MITI

KUALA LUMPUR, Dec 11 (Bernama) -- The United States (US) has never demanded or raised the issue of Bumiputera rights as one of the clauses in the Agreement on Reciprocal Trade (ART) between Malaysia and the US, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

Govt Urged To Scrap 5 Pct Sales Tax On Sawn Timber, Review SST Expansion

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.

CCOB Expects Consumer Credit Bill To Take Effect In 1Q 2026

By Karina Imran

KUALA LUMPUR, Nov 21 (Bernama) -- The Consumer Credit Bill 2025, which provides broader consumer protection by regulating excessive fees and through the practice of ethical debt collection, is expected to take effect in the first quarter of 2026, the Consumer Credit Oversight Board (CCOB) said.

Bursa Malaysia Tracks Wall Street To Open Higher

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia opened higher today, buoyed by a positive spillover following Wall Street’s gains as US Senate lawmakers made headway toward a potential deal to end the US government shutdown.

Ringgit Opens Higher Vs Greenback On Continous Buying Interest

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

Bursa Malaysia Ends Higher As Strong Economic Data Lifts Investor Confidence

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.

Govt Finalising RON95 Subsidy Eligibility – Amir Hamzah

KUALA LUMPUR, Sept 8 (Bernama) -- The government is in the final stage of concluding eligibility criteria and implementation methods for RON95 fuel subsidies with stakeholders, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, July 2 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.

Continued Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 1 (Bernama) -- Continued buying momentum in selected heavyweights have pushed Bursa Malaysia to close at its intraday high today, marking its fourth consecutive session of strong performance, an analyst said.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate.