3d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.
4d ago
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.
5d ago
GEORGE TOWN, Oct 8 (Bernama) -- Penang attracted RM18.2 billion in foreign direct investment from the United States (US) in the manufacturing sector between 2020 and the first half of 2026, accounting for 38 per cent of total US investment in Malaysia’s manufacturing sector.
5d ago
By M. Saraswathi
KUALA LUMPUR, Oct 8 (Bernama) -- As Malaysians come away exhilarated from Formula One’s return to Sepang after a nine-year absence, it is apt for Budget 2027 to be similarly operationalised in a manner that will create far-reaching tangible spillover benefits, especially as Malaysia turns 70 next year.
6d ago
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.
6d ago
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
7d 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.
9d ago
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.
10d ago
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.
10d ago
KUALA LUMPUR, Oct 2 (Bernama) -- Toluna, a global insights leader, has unveiled Toluna Bina, an artificial intelligence (AI)-native, always-on research workspace that turns questions, hunches, or raw ideas into fact-based direction in minutes.
11d ago
SINGAPORE, Oct 1 (Bernama) -- Singapore and Malaysia have endorsed the terms of reference for the Malaysia-Singapore Supply Chain Cooperation Workgroup (SCWG), aimed at strengthening preparedness for future supply chain disruptions, said Singapore’s Energy, Trade and Industry Ministry (METI).
13d ago
KUALA LUMPUR, Sept 30 (Bernama) -- Total global air cargo demand, measured in cargo tonne-kilometres (CTK), increased by 4.4 per cent in August 2026 compared with August 2025, with international operations recording a 5.3 per cent increase, according to the International Air Transport Association (IATA).