| LATEST NEWS | SST remains the basis for taxation, govt does not rule out amendments to avoid double taxation — PM Anwar | National deficit projected to narrow to 3.6 pct in 2026, 3.3 pct in 2027 and 3.0 pct target in 2028 -- PM Anwar | Govt open to improving SST, including addressing double taxation issues, but still rejects GST as it burdens the people - PM | Decision not to reintroduce the GST is intended to protect low-income earners from tax burden - PM | Govt will not reintroduce GST, SST revenue comparable to it — PM Anwar | |
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's latest minimum wage increase is expected to benefit workers through better incomes, while encouraging businesses to step up efforts to improve productivity to ensure that higher wages can be sustained without putting further pressure on prices.
KUALA LUMPUR, Nov 9 (Bernama) -- While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 9 (Bernama) -- Government interventions to cushion the impact of rising global fuel prices must be complemented by public cooperation in managing fuel consumption to minimise inflationary pressures and protect household finances.
KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's minimum wage policy cannot be viewed in isolation but should be seen as complementing the targeted assistance, subsidy rationalisation and affordable healthcare measures to ensure workers' income gains translate into improved household well-being, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.
KUALA LUMPUR, Oct 23 (Bernama) -- The RM2,000 minimum wage exemption for micro, small and medium enterprises (MSMEs) with annual sales revenue below RM50 million in Budget 2027, effective June 2027, would help businesses adjust their workforce recruitment and salary structures, said SME Corporation Malaysia.
