| LATEST NEWS | Haze: All schools in Johor to be closed for two days starting tomorrow due to worsening air quality - Exco | Budget 2027 continues to focus on easing burden, protecting people, creating opportunities, ensuring fairer development benefits – PM Anwar | MADANI Budget 2027 is underpinned by a clear resolve to strengthen the economy and ensure growth translates into better lives for the people - PM Anwar | The category of borrowers with the highest loan arrears is companies at 62 per cent, followed by state governments at around 32 per cent - Chin Tong | Loan repayment arrears to the federal government for basic infrastructure projects amount to RM8.08 billion as of Dec 31, 2025 - Chin Tong | |
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
LABUAN, Oct 2 (Bernama) -- The Small and Medium Enterprises (SME) Association of Labuan has called for the service tax exemption under Section 48 of the Service Tax Act 2018 to be applied to services performed entirely in Labuan under Budget 2027.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 2 (Bernama) – The government should provide incentives in the form of credits and tax exemptions for artificial intelligence-related companies undertaking research and development, and support data centre expansion to lure more AI technology investments to Malaysia.
By Niam Seet Wei
KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business.
KUALA LUMPUR, Sept 25 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.
KUALA LUMPUR, Sept 17 (Bernama) -- Solarvest Holdings Bhd has called on the government to address two emerging national priorities, mainly artificial intelligence (AI) and the data centre boom, as well as grid modernisation and energy digitisation in Budget 2027.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.
From Samantha Tan Chiew Tieng
SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.
By Niam Seet Wei
KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.
KUALA LUMPUR, Aug 4 (Bernama) -- The government is considering imposing a levy on every electric vehicle (EV) sold to establish a fund for expanding Malaysia's public EV charging network, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.
KUALA LUMPUR, July 15 (Bernama) -- The government has no plans at present to implement a two per cent wealth tax on wealthy individuals to help finance government expenditure, said the Finance Ministry (MoF).
