SST Remains, But Suitable GST Features Could Curb Tax Cascading -- Liew

KUALA LUMPUR, Oct 7 (Bernama) -- The proposal to integrate elements of the goods and services tax (GST) with the sales and service tax (SST) aims to ensure no cascading tax effect in the country’s taxation system, said Deputy Finance Minister Liew Chin Tong.

Budget 2027: Fiscal Deficit Expected To Narrow To 3.3 Pct Of GDP - Apex Securities

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028

NFLS 2026 Focuses On Financial Well-Being, Realities Of Vulnerable Groups

KUALA LUMPUR, Oct 6 (Bernama) -- The National Financial Literacy Symposium 2026 (NFLS 2026) is focusing on efforts to strengthen the financial well-being of the public through targeted financial education tailored to the needs of specific groups.

Fairness, Trust And Transparency Key To Public Acceptance Of Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Oct 6 (Bernama) -- Fairness, trust and transparency are key to securing public acceptance of difficult fiscal reforms, including subsidy rationalisation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Top Glove Net Profit Rises To RM307.96 Mln In FY2026

KUALA LUMPUR, Oct 6 (Bernama) -- Top Glove Corporation Bhd’s net profit jumped to RM307.96 million for the financial year ended Aug 31, 2026 (FY2026) compared with RM105.33 million registered in FY2025.

Top Glove To Raise Production Capacity To 78 Bln Pieces By End-FY2027

KUALA LUMPUR, Oct 6 (Bernama) -- Top Glove Corporation Bhd is targeting to increase its running production capacity to 78 billion pieces annually by the end of financial year 2027 (FY2027), subject to operational requirements and resource availability.

AM Intelligence Orders 20,000 NVIDIA Rubin GPUs For India, Malaysia

KUALA LUMPUR, Oct 6 (Bernama) -- AM Intelligence (AMI), the artificial intelligence (AI) infrastructure platform set up by the promoters of Greenko, has announced two further firm and binding orders for 20,000 NVIDIA Rubin graphics processing units (GPUs) to be deployed as NVIDIA Vera Rubin NVL72 rack-scale systems.

Budget 2027: Hybrid GST-SST Proposal Puts Malaysia’s Consumption Tax In Focus

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.

Banking Industry, PayNet To Introduce Industry Fraud Alert, Eye Pilot Testing In 1H 2027 -- BNM Governor

KUALA LUMPUR, Oct 6 (Bernama) -- The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.

Govt's Collection Rate Of Loan Arrears Only At 5 Pct Or RM465 Mln In 2025 - Audit Report

KUALA LUMPUR, Oct 5 (Bernama) -- The Federal Government recorded a low collection rate of five per cent for outstanding loan arrears, with only RM465.0 million of the RM9.27 billion in arrears from the previous year successfully collected in 2025.

FIA President: Malaysia Needs Five-year Business Plan For F1 Return

By Siti Radziah Hamzah

SEPANG, Oct 5 (Bernama) -- Malaysia would need a minimum five-year business plan covering the commercial, promotional and logistical requirements of hosting Formula One (F1) if it wants to make a permanent return to the championship.

Refined SST System Could Create More Efficient Tax Environment – EY

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.