KUALA LUMPUR, May 1 — All local authorities must establish an Integrity Unit (UI) by August 31 as part of ongoing efforts to strengthen administrative integrity.

KUALA LUMPUR, April 30 — The retail prices of RON97 and RON95 petrol nationwide remain unchanged, at RM3.18 per litre and RM2.05 per litre, respectively, from May 1 to 7.

KUALA LUMPUR, March 21 — The government will commence disbursing Phase Two of Sumbangan Tunai Rahmah (STR) this Monday (March 24), with an allocation of RM1.7 billion, up from RM1.5 billion last year.

PUTRAJAYA, March 13 — Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.

KUALA LUMPUR, Feb 18 — Tourist arrivals in Langkawi post-Covid-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).

KUALA LUMPUR, Feb 7 — The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (Q1) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.

KUALA LUMPUR, Jan 25 — Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit ratings at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.

PUTRAJAYA, Jan 21 — Payment of Phase 1 Rahmah Cash Donation (STR) Phase 1 will be disbursed in stages starting tomorrow, according to the Ministry of Finance (MOF).

KUALA LUMPUR, Dec 17 — Fitch Ratings' latest affirmation on Malaysia's sovereign credit rating underscores its economic progress as envisioned under the Madani Economy framework, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Dec 5 — The government has no intention of introducing any new tax in the near future, according to the Finance Ministry (MOF).

PUTRAJAYA, Aug 10 — The Ministry of Finance (MOF) is extending the refund mechanism for diesel subsidy to eligible logistics vehicle owners who have yet to receive the fleet card, it said in a statement yesterday.

KUALA LUMPUR, July 19 — Bank Negara Malaysia (BNM) and the Securities Commission (SC) will establish an integrated dispute resolution scheme (IDRS) to be known as the Financial Markets Ombudsman Service (FMOS) for the financial and capital market sector, said the Finance Ministry (MOF).

KUALA LUMPUR, July 19 — The government will continue fiscal reform initiatives, including drawing up the Medium Term Revenue Strategy (MTRS), said the Finance Ministry (MOF).

KUALA LUMPUR, June 25 — Prime Minister Datuk Seri Anwar Ibrahim has instructed the Finance Ministry and the Digital Ministry to postpone and streamline all pending digital-related procurements.

KUALA LUMPUR, April 24 — The retail prices of RON97 and RON95 petrol, and diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre, respectively, from April 25 to May 1.

KUALA LUMPUR, March 20 —The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively from tomorrow (March 21) until March 27.

KUALA LUMPUR, March 6 — The retail prices of RON95, RON97 and diesel will remain unchanged from tomorrow (March 7) until March 13, the Ministry of Finance said today.

KUALA LUMPUR, March 4 — The government has been urged to exempt the Sales and Service Tax (SST) on 23 practice categories which come under the Allied Health Professions Act 2016.

KUALA LUMPUR, Feb 29 — The government is expected to collect tax revenue of RM700 million a year from the implementation of the Luxury Goods Tax, now known as the High Value Goods Tax (HVGT).

KUALA LUMPUR, Feb 28 — The increase in the Service Tax rate from 6.0 per cent to 8.0 per cent, effective from March 1, 2024, only affects discretionary services activities and business-to-business (B2B) activities, according to the Finance Ministry (MOF).