Malaysia To Review New Investment Applicants To Ensure Domestic Economy Benefits -- Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Will Not Consider Core GST Principle, Open To Adjusting SST -- PM Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.

Ministry Of Finance To Study Proposed Hybrid GST-SST Tax System

PUTRAJAYA,  Aug 19 (Bernama) --  The Ministry of Finance will be given time to conduct a comprehensive study on the government’s proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Services Tax (SST), said MADANI Government spokesperson Datuk Seri Fahmi Fadzil.

GST Features In SST Can Ease Tax Cascading, Cost Pressures - FMM

KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.

Broaden SST Exemptions To Reduce Tax Cascading -- CTIM President

By Niam Seet Wei

KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.

Digital Economy On Track To Account For 30 Pct Of GDP By 2030

KUALA LUMPUR, Aug 18 (Bernama) -- The digital economy is on the right track to account for 30 per cent of the nation’s gross domestic product (GDP) by 2030, said Digital Minister Gobind Singh Deo.

Govt Ready To Study Proposal To Combine GST, SST Elements For More Progressive Tax System - Anwar

PUTRAJAYA, Aug 18 (Bernama) -- The government is prepared to study a proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Service Tax (SST) to ensure the country's taxation system is more progressive, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2027 Must Meet People's Aspirations, Drive National Development - PM Anwar

KUALA LUMPUR, Aug 18 (Bernama) -- Budget 2027 must heed the voice of the people and meet their aspirations by driving the country’s development and improving the people’s well-being, said Prime Minister Datuk Seri Anwar Ibrahim.

Proactive Measures Help Sustain Malaysia’s GDP Growth Momentum Amid West Asia Conflict – Anwar

KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.

Malaysia Shows Strong GDP Growth of 6 Pct In Second Quarter 2026 - PM Anwar

KUALA LUMPUR, Aug 14 (Bernama) -- The country's Gross Domestic Product (GDP) growth rate jumped to six per cent in the second quarter of 2026, exceeding market expectations and thus recording the strongest second-quarter growth performance outside of the pandemic period since 2014.

GLICs Deploy RM20.3 Bln Under GEAR-uP In 2025, Uplifting Rakyat

KUALA LUMPUR, Aug 7 (Bernama) -- The Government-Linked Enterprises Activation and Reform Programme (GEAR-uP), which is entering its third year, saw government-linked investment companies (GLICs) allocating and deploying RM 20.3 billion domestically. 

PM Anwar's Directive On Foreign Restaurant Workers Shows Govt Listens To Industry Concerns - FMBA

KUALA LUMPUR, Aug 3 (Bernama) -- The Federation of Malaysian Business Associations (FMBA) has commended Prime Minister Datuk Seri Anwar Ibrahim's directive to resolve outstanding foreign worker employment applications, with priority for the restaurant sector, within a month.