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Not the right time to bring back GST - Deputy Finance Minister

Not the right time to bring back GST - Deputy Finance Minister

The government is not disputing the goods and services tax (GST), but rather the timing to implement it, says Deputy Finance Minister Steven Sim.
Mon Sep 25 2023
PM Anwar: No plans to reinstate GST, introduce any broad-based consumption tax

PM Anwar: No plans to reinstate GST, introduce any broad-based consumption tax

Anwar said other measures will be taken to reduce expenditures and settle the government's liabilities and debt worth RM1.5 trillion.
Tue Feb 14 2023
No discussion on implementation of GST since Unity Govt set up - Ahmad Maslan

No discussion on implementation of GST since Unity Govt set up - Ahmad Maslan

There has not been any discussion or meeting held regarding the re-implementation of the Goods and Services Tax (GST) since the Unity Government was established.
Wed Jan 11 2023
Reintroduce GST in Budget 2023 as lifeline for country's debt dilemma - FMM

Reintroduce GST in Budget 2023 as lifeline for country's debt dilemma - FMM

The FMM has called on the government to reintroduce the Goods and Services Tax (GST) in the upcoming Budget 2023.
Thu Jan 05 2023
No need for govt to reintroduce GST at this point - Mohd Shahar

No need for govt to reintroduce GST at this point - Mohd Shahar

The government has not reached a stage where it would need to reintroduce the goods and services tax (GST), said Deputy Finance Minister I Datuk Indera Mohd Shahar Abdullah.
Wed Sep 07 2022
No decision yet on reintroduction of GST - PM Ismail Sabri

No decision yet on reintroduction of GST - PM Ismail Sabri

The government is still studying whether to reintroduce the goods and services tax (GST) and has not made a decision yet, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
Sun Jun 05 2022
GST: Abdul Hadi hopes govt will make appropriate consideration

GST: Abdul Hadi hopes govt will make appropriate consideration

The government should study all aspects and make an appropriate consideration if it wants to bring back the goods and services tax (GST), said PAS president Tan Sri Abdul Hadi Awang.
Fri Jun 03 2022
Govt to introduce a more balanced, fair tax system if economy improves - Mohd Shahar

Govt to introduce a more balanced, fair tax system if economy improves - Mohd Shahar

Any tax measures to be implemented in the future would definitely take into account the involvement of stakeholders.
Thu Oct 14 2021
Thrust of 12MP focus of discussion on third week of Dewan Rakyat sitting

Thrust of 12MP focus of discussion on third week of Dewan Rakyat sitting

MPs from both the government and opposition blocs concurring that the 12MP should focus on improving the quality of life of the people.
Fri Oct 01 2021
Najib urges govt to reinstate GST, review 12th Malaysia Plan

Najib urges govt to reinstate GST, review 12th Malaysia Plan

Datuk Seri Najib Razak has urged the government to reinstate the Goods and Services Tax (GST) as soon as the country recovers from the COVID-19 pandemic.
Tue Sep 28 2021
Consider OECD suggestion for Malaysia to bring back GST - Mustapa

Consider OECD suggestion for Malaysia to bring back GST - Mustapa

OECD has recommended that Malaysia bring back the Goods and Services Tax as part of its medium-term fiscal strategy.
Thu Aug 12 2021
Govt may need to impose 'windfall tax' on companies recording extraordinary profits - Dr Mahathir

Govt may need to impose 'windfall tax' on companies recording extraordinary profits - Dr Mahathir

The tax will enable the government to increase its financial resources as well as help the people who are affected.
Wed Jul 14 2021
Regulate shadow economy, improve administration to boost tax collection - MIA

Regulate shadow economy, improve administration to boost tax collection - MIA

Veerinderjeet said the shadow economy or informal economy could be equivalent to about a third of Malaysia's GDP.
Tue Apr 20 2021
Malaysia's institutions, policies remain credible and effective despite political uncertainty - Moody's

Malaysia's institutions, policies remain credible and effective despite political uncertainty - Moody's

Foreign investors have also not been deterred in any big way by the political changes in Malaysia.
Wed Apr 07 2021
Tengku Zafrul: Not right time to introduce new taxes to increase revenue

Tengku Zafrul: Not right time to introduce new taxes to increase revenue

The government will focus more on revitalising the economy and taking care of the people.
Thu Mar 18 2021
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
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024