11d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.
12d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027’s tax measures provide greater support to lower- and middle-income earners, according to the Malaysian Institute of Accountants (MIA).
12d ago
By Niam Seet Wei
KUALA LUMPUR, Oct 10 (Bernama) -- The increase in individual tax relief, coupled with the one-percentage-point reduction in income tax rates for the middle-income group (M40) proposed in Budget 2027, could provide additional disposable income of up to RM1,600 for roughly five million taxpayers, says KPMG Malaysia.
13d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 is expected to channel savings from targeted subsidy reforms and stronger revenue collection back to the rakyat and businesses while maintaining fiscal discipline, said PwC Malaysia.
14d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Digitalisation is part of Tenaga Nasional Bhd’s (TNB) wider effort to strengthen Malaysia’s electricity network, with Distribution Automation now standing at 44 per cent, covering approximately 39,400 substations, while Advanced Metering Infrastructure (AMI) deployment has reached 6.1 million.
14d ago
ISKANDAR PUTERI Oct 8 (Bernama) -- The deployment of 52 electric prime movers (e-PMs) at the Port of Tanjung Pelepas (PTP) is set to enhance operational efficiency while accelerating the port’s transition towards greener terminal operations, Transport Minister Anthony Loke said.
15d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Energy Commission (ST) will support the hosting of the ASEAN School of Regulation (ASR) in Malaysia, a regional initiative aimed at strengthening regulatory capability and accelerating the development of the ASEAN Power Grid (APG).
15d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The ASEAN School of Regulation (ASR) has been officially launched at the 44th ASEAN Ministers on Energy Meeting (AMEM), marking a major step towards strengthening regulatory capabilities and regional cooperation to support ASEAN’s energy transition and interconnected power systems.
16d ago
By Yeoh Cheng Guan
Partner, Indirect Tax, Ernst & Young Tax Consultants Sdn Bhd
KUALA LUMPUR, Oct 6 (Bernama) -- As Budget 2027 approaches, discussions on Malaysia’s indirect tax landscape are once again taking centre stage.
19d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2027 should focus on ensuring technology investments translate into measurable gains in productivity, quality and supply chain resilience, rather than merely encouraging manufacturers to adopt new technologies, according to technology company Epicor.
20d ago
GEORGE TOWN, Oct 2 (Bernama) -- Malaysia is still far from achieving its target of transforming 3,000 manufacturers into smart factories by 2030, with only 93 having successfully completed the transformation so far.
20d ago
By K. Naveen Prabu
KUALA LUMPUR, Oct 2 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has called on the government to provide tax relief for critical coverage such as business interruption insurance to improve the affordability and accessibility of insurance protection.