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Malaysia overtakes Thailand as ASEAN's second-biggest auto market

Malaysia overtakes Thailand as ASEAN's second-biggest auto market

Sales tax exemptions for domestically produced vehicles provided a tailwind for the national car brands Perodua and Proton.
Fri May 17 2024
Dewan Negara passed five bills

Dewan Negara passed five bills

The Dewan Negara today passed five bills related to the departure levy, sales tax, goods vehicle levy, windfall profit levy, and service tax.
Tue Aug 16 2022
Vehicle sales tax exemption deadline remains on June 30 - MoF

Vehicle sales tax exemption deadline remains on June 30 - MoF

The deadline for the sales tax exemption for the purchase of passenger vehicles remains on June 30, 2022, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
Mon Jun 20 2022
Four more months to enjoy car sales tax exemption incentive - Tengku Zafrul

Four more months to enjoy car sales tax exemption incentive - Tengku Zafrul

MOF under Budget 2022 had extended the car sales tax incentive exemption period until June 30, 2022.
Fri Feb 25 2022
Budget 2022 initiatives to drive Malaysia's EV sector ahead

Budget 2022 initiatives to drive Malaysia's EV sector ahead

The government's incentives to boost the electric vehicles (EV) sector, including full exemption of import duties, excise duties and sales tax is set to catalyse demand and electrify the EV market.
Thu Nov 11 2021
Budget 2022: EV gets boost from exemption of various taxes

Budget 2022: EV gets boost from exemption of various taxes

The government has decided to give full exemption of import duty, excise duty, as well as sales tax for electric vehicles (EVs) as it seeks to support the local EV industry.
Fri Oct 29 2021
Sarawak tax revenue from petroleum products to help those impacted by pandemic

Sarawak tax revenue from petroleum products to help those impacted by pandemic

The state has netted an extra RM6.8 billion which has been used for the benefit of the people.
Sun Oct 24 2021
Stronger vehicle sales forecast for first-half than second-half of 2021 - MAA

Stronger vehicle sales forecast for first-half than second-half of 2021 - MAA

The extension of the sales tax exemption plays an important role in helping to spur vehicle sales in the first half of the year.
Fri Mar 26 2021
Vehicle sales tax exemption extended until June 2021 - MOF

Vehicle sales tax exemption extended until June 2021 - MOF

The Ministry of Finance (MOF) has announced the extension of the vehicle sales tax exemption period by a further six months until June 30, 2021.
Tue Dec 29 2020
Vaccine supply, bill on temporary measures of govt financing for COVID-19 focus of Parliament's last day sitting

Vaccine supply, bill on temporary measures of govt financing for COVID-19 focus of Parliament's last day sitting

Parliament today will focus, among others, on the supply of COVID-19 vaccine from international pharmaceutical company, Pfizer.
Thu Dec 17 2020
MOF tables seven amendment bills for first reading

MOF tables seven amendment bills for first reading

All the bills were tabled by Deputy Finance Minister II Mohd Shahar Abdullah.
Thu Dec 10 2020
Petronas, Sarawak to sign commercial settlement agreement on Dec 7

Petronas, Sarawak to sign commercial settlement agreement on Dec 7

Petronas will sign a commercial settlement on the issues of the states sales tax and oil mining laws on Monday (Dec 7).
Thu Dec 03 2020
Petronas makes full payment of 2019 state sales tax to Sarawak - Abang Johari

Petronas makes full payment of 2019 state sales tax to Sarawak - Abang Johari

The payment of SST by Petronas and its subsidiaries is the result of a settlement reached between Petronas, the Federal Government and the state government.
Thu Sep 17 2020
Dewan Rakyat approves 4 Finance Ministry motions

Dewan Rakyat approves 4 Finance Ministry motions

The Dewan Rakyat today approved four motions tabled by the Finance Ministry on government funding and taxation.
Thu Aug 27 2020
Debate on IPCC 2020 bill postponed to next Dewan Rakyat session

Debate on IPCC 2020 bill postponed to next Dewan Rakyat session

The second reading of the Independent Police Conduct Commission (IPCC) 2020 Bill scheduled at the Dewan Rakyat today has been postponed to the next session.
Thu Aug 27 2020
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024