KUALA LUMPUR: The Ministry of Finance (MoF) sees a pressing need for insurance protection among small and medium-sized enterprises due to the escalating climate change and other risks, said Secretary General of Treasury Datuk Johan Mahmood Merican. He said that there...
KUALA LUMPUR, March 6 — The government is expected to collect additional revenue amounting to RM3.45 billion from the expansion of the scope of service tax and the increase in the service tax from six per cent to eight per cent, according to the Finance Ministry. The...
PETALING JAYA: Despite having an “overweight” call on the oil and gas (O&G) sector, UOB Kay Hian (UOBKH) Research suggests cautious trading as the sector valuations may not have fully taken into account the execution and operational expenditure (opex) risks. In a...
KUALA LUMPUR, March 8 — The East Coast Rail Link (ECRL) is anticipated to contribute a 3.8 per cent increase to Malaysia’s gross domestic product (GDP) by 2047 by enhancing trade, boosting tourism, and stimulating regional development. Investment, Trade and Industry...
KUALA LUMPUR: The government’s decision to reinstate the cabotage policy exemption brings an end to the years-long debate over allowing foreign ships to undertake undersea cable repairs locally.Malaysia OSV Owners’ Association (MOSVA) and Malaysia Shipowners’...
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 Ministry of Finance (MOF). Minister...
