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Muhyiddin ordered to pay Guan Eng RM1.35 mln for defamation

Muhyiddin ordered to pay Guan Eng RM1.35 mln for defamation

Court orders Tan Sri Muhyiddin to pay damages to Lim Guan Eng for defaming him over Albukhary Foundation's tax-exemption revocation.
Fri Nov 08 2024
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
M'sia mulls giving full tax exemption on emergency PRS withdrawals

M'sia mulls giving full tax exemption on emergency PRS withdrawals

Malaysia is considering to provide full tax exemptions on withdrawal from private retirement scheme (PRS) funds for emergency purposes.
Wed May 08 2024
Six fined up to RM20,000 each for fake documents to reduce luxury car tax

Six fined up to RM20,000 each for fake documents to reduce luxury car tax

The individuals were fined, after pleading guilty to charges of using fake documents to obtain luxury car tax exemptions in Langkawi.
Tue Jan 16 2024
Yayasan Albukhary would not have needed to appeal if tax exemption not revoked - Muhyiddin

Yayasan Albukhary would not have needed to appeal if tax exemption not revoked - Muhyiddin

Tan Sri Muhyiddin Yassin said that he had seen a letter from the MOF to Tan Sri Syed Mokhtar Al-Bukhary sometime in 2021.
Wed Apr 26 2023
Lim Guan Eng sues Muhyiddin over Yayasan Albukhary's tax exemption issue

Lim Guan Eng sues Muhyiddin over Yayasan Albukhary's tax exemption issue

Lim said Muhyiddin deliberately sabotaged Yayasan Albukhary for refusing to allow tax exemptions when he was Finance Minister.
Mon Mar 27 2023
Govt proposes tax exemption to encourage more women to return to work

Govt proposes tax exemption to encourage more women to return to work

Tengku Zafrul said the Securities Commission Malaysia will introduce a special training programme to enhance women skills.
Fri Oct 07 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
Private companies involved in SEMy2030 to be given tax exemption - Noh Omar

Private companies involved in SEMy2030 to be given tax exemption - Noh Omar

Private companies that are participating in efforts to empower social enterprises under SEMy2030, will be given income tax exemption for three years.
Sat Apr 23 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
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
Gov't ready to discuss entertainment tax exemption for cinemas

Gov't ready to discuss entertainment tax exemption for cinemas

The government is ready to discuss proposals on the exemption of entertainment tax for cinema operators affected by the COVID-19 outbreak.
Sat Mar 20 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
Govt to give income tax exemption for commercialisation of RD findings

Govt to give income tax exemption for commercialisation of RD findings

The government has proposed to give income tax exemption of 100 per cent of statutory income for 10 years to investor company that commercialises the research and development (RD) findings.
Fri Nov 06 2020
Govt proposes to expand income tax exemption for green SRI Sukuk

Govt proposes to expand income tax exemption for green SRI Sukuk

The government has proposed to extend the existing income tax exemption for green Sustainable and Responsible Investment (SRI) sukuk grant.
Fri Nov 06 2020
Trump administration is pointing spy satellites at US border

Trump administration is pointing spy satellites at US border

Trump admin orders spy agencies to use satellites on US-Mexico border in crackdown on illegal immigration & drug cartels.
Fri Mar 28 2025
Musk says he will finish most of $1 trillion federal cost cuts within weeks

Musk says he will finish most of $1 trillion federal cost cuts within weeks

Elon Musk says he would finish most of the work to cut $1 trillion in federal spending when his tenure ends in as soon as 64 days.
Fri Mar 28 2025
US car buyers face higher prices, less choice under Trump's tariffs

US car buyers face higher prices, less choice under Trump's tariffs

Trump says tariffs will boost US production, but analysts warn theyll impact automakers' choices and raise costs for consumers.
Fri Mar 28 2025
Rohingya in Bangladesh face dire consequences if aid money drops, say UN agencies

Rohingya in Bangladesh face dire consequences if aid money drops, say UN agencies

UNHCR & IOM warn as they launch a joint appeal for food, education aid for Rohingya fleeing Myanmar violence for eight years.
Fri Mar 28 2025
Malaysia’s EPF Spotlighted in WEF Longevity Economy Report as global model for retirement reform

Malaysia’s EPF Spotlighted in WEF Longevity Economy Report as global model for retirement reform

Malaysia gains WEF 2025 spotlight for leading inclusive, tech-driven retirement reforms amid global ageing challenges.
Fri Mar 28 2025
Amendment to Education Act: Reduce student dropout rate, increase enrolment

Amendment to Education Act: Reduce student dropout rate, increase enrolment

MOE adds a rule holding parents accountable for ensuring kids complete primary and secondary education.
Fri Mar 28 2025
Trump orders elimination of 'anti-American ideology' from Smithsonian institutions

Trump orders elimination of 'anti-American ideology' from Smithsonian institutions

The Republican president, in an executive order, directed that Vice President JD Vance undertake the action.
Fri Mar 28 2025
US Defense Secretary reaffirms 'ironclad commitment' to the Philippines

US Defense Secretary reaffirms 'ironclad commitment' to the Philippines

Pete Hegseth, Marcos Jr. reaffirm strong US-Philippines ties, stressing peace amid China's growing threats in the Indo-Pacific.
Fri Mar 28 2025
Myanmar junta declares state of emergency in multiple regions following strong earthquake

Myanmar junta declares state of emergency in multiple regions following strong earthquake

Ruling military says will make inquiries on the situation quickly and conduct rescue operations along with providing humanitarian aid.
Fri Mar 28 2025
Detention of South Sudan's VP Machar cancels peace deal, his party says

Detention of South Sudan's VP Machar cancels peace deal, his party says

The U.N. peacekeeping mission in South Sudan called for restraint, saying the country stood on the brink of relapsing into widespread conflict.
Fri Mar 28 2025