KUALA LUMPUR, June 20 — Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Finance Ministry (MOF).

PUTRAJAYA, April 24 — Bank Negara Malaysia (BNM) and the Treasury Department will review the International Monetary Fund’s (IMF) latest assessment on Malaysia’s real Gross Domestic Product (GDP), as reported in the April 2025 World Economic Outlook.

KUALA LUMPUR, March 26 — The Madani government will expand the Sumbangan Asas Rahmah (Sara) initiative to benefit 5.4 million recipients starting April 1, a significant increase from the current 700,000 beneficiaries.

KUALA LUMPUR, March 12 — The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt Management Programme (DMP) as of December last year.

KUALA LUMPUR, March 4 — The service tax is only imposed if allied health services are provided outside premises that have been granted tax exemption approval, said the Finance Ministry (MOF).

KUALA LUMPUR, March 3 — The government remains committed to reducing the deficit with a projection of 3.8 per cent in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Feb 26 — A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

KOTA KINABALU, Feb 24 — The National Disaster Management Agency (Nadma) and the Finance Ministry (MOF) have agreed to distribute the Bantuan Wang Ihsan (BWI) for flood victims through Bank Simpanan Nasional (BSN) starting this year, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

PUTRAJAYA, Feb 23 — The Employees Provident Fund’s (EPF) encouraging performance for the third quarter of 2024 is expected to yield good returns for contributors.

KUALA LUMPUR, Feb 20 — The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Finance Ministry (MOF).

KUALA LUMPUR, Feb 19 — Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

KUALA LUMPUR, Feb 11 — The Finance Ministry (MOF), together with the Investment, Trade, and Industry Ministry (Miti) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.

KUALA LUMPUR, Jan 15 — The First Meeting of the Asean+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for Asean 2025, which include increasing access to sustainable and fair climate transition financing, said the Finance Ministry (MOF).

PUTRAJAYA, Jan 15 — Approximately 138,817,425 cashless transactions have been recorded through the National Cashless Boleh 4.0 Campaign, which ran from December 1, 2023, to November 30, 2024.

KUALA LUMPUR, Dec 25 — The price of a litre of RON95 petrol will remain unchanged at RM2.05, while the retail price of RON97 will increase by three sen from RM3.22 per litre to RM3.25 per litre from tomorrow (December 26) to January 1, 2025.

KUALA LUMPUR, Dec 19 — An estimated 22,000 cases of scams involving losses of over RM147 million as at September were reported by the victims to the National Scam Response Centre (NSRC), said the Finance Ministry (MOF).

KUALA LUMPUR, Dec 10 — One million Employees Provident Fund (EPF) members have made voluntary contributions amounting to RM11.16 billion as of October, according to the Finance Ministry.

BUTTERWORTH, Dec 8 — The Education Ministry (MOE) has identified the schools affected by the first wave of floods that recently hit nine states and is now assessing the cost of damages, said its minister Fadhlina Sidek.

ALOR SETAR, Dec 7 — The Finance Ministry (MOF) is collaborating with the Education Ministry to deliver urgent aid for the repair of schools impacted by recent floods.

KUALA LUMPUR, Dec 2 — The Digital Services Tax (DST) recorded RM1.16 billion in collections from January 1 to September 30, while the Low-Value Goods Tax (LVGT) brought in RM300.7 million during the same period, said the Finance Ministry (MOF).