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KUALA LUMPUR, April 23 (Bernama) – The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties. Malaysia's strong external position, which...
- Type: Article
- Author: Saidi
- Category: Press Citations
- Language: en-GB
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Recent geopolitical uncertainties have put downward pressure on Malaysia’s recent recovery from the impact of the COVID-19 pandemic. According to the International Monetary Fund’s (IMF) most recent projection in their April 2022 World Economic Outlook...
- Type: Article
- Author: Saidi
- Category: Press Release
- Language: en-GB
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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). The MOF said in a statement...
- Type: Article
- Author: Hadina
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Sept 2 – Malaysia can’t afford a cut in corporate tax, which is currently at 24 per cent, unless the country’s tax base is broadened and the country maintains a stronger than average growth trajectory, Finance Minister Tengku Datuk Seri...
- Type: Article
- Author: Saidi
- Category: Press Citations
- Language: en-GB
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Bank Negara Malaysia (BNM) and the Department of National Statistics (DOSM) have announced that Malaysia’s Gross Domestic Product (GDP) contracted by 3.4% year-on- year for the fourth quarter of 2020 (4Q 2020), compared to a decrease of 2.6% during the...
- Type: Article
- Author: Saidi
- Category: Press Release
- Language: en-GB
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KUALA LUMPUR, Aug 5 (Bernama) – The government is not yet ready to implement the Unexplained Wealth Order (UWO), despite having received proposals for its introduction, says Finance Minister II Datuk Seri Amir Hamzah Azizan. He said the government...
- Type: Article
- Author: Saidi
- Category: Press Citations
- Language: en-GB
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KUANTAN, July 14 (Bernama) -- The proposal to increase the floor price of scrap rubber to RM3.50 per kilogramme will be used as input in drafting the 2023 budget, said Deputy Finance Minister Datuk Mohd Shahar Abdullah. He said the Finance Ministry was...
- Type: Article
- Author: Natrah
- Category: Press Citations
- Language: en-GB
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1. INTRODUCTION Budget 2026 will be the fourth in the series of MADANI Budget, designed to advance the vision of Ekonomi MADANI: restoring fiscal resilience, strengthening economic foundations and uplifting the dignity and livelihoods of the rakyat. As...
- Type: Article
- Author: Noris
- Category: Press Release
- Language: en-GB
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1. INTRODUCTION Budget 2026 will be the fourth in the series of MADANI Budget, designed to advance the vision of Ekonomi MADANI: restoring fiscal resilience, strengthening economic foundations and uplifting the dignity and livelihoods of the rakyat. As...
- Type: Article
- Author: Saidi
- Category: Press Release
- Language: en-GB
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INTRODUCTION 1. The Ekonomi MADANI framework, launched on 27 July 2023, sets out the Government’s medium-term economic priorities to restructure Malaysia’s economy towards higher value-added activities as well as greater competitiveness and...
- Type: Article
- Author: Saidi
- Category: Press Release
- Language: en-GB
