Ministry of Finance

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Ministry of Finance
Budget 2019: Malaysians Travelling Abroad Will Have To Pay Departure Levy
- 2nd November 2018
Malaysians will have to pay a new “departure levy” when they are travelling abroad starting 1 June 2019.
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Ministry of Finance
Dr M: New Taxes May Be Needed, Malaysia Now A “Small Kitten”
- 11th October 2018
Tun Dr Mahathir says that among other measures, new taxes may be introduced to pay off the government debt.
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Ministry of Finance
Prepaid Top Up Officially Exempt From SST Starting 6 September 2018
- 5th September 2018
Finance Minister Lim Guan Eng has announced prepaid reload are exempted from the 6% SST and ordered all telcos to implement the exemption.
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Ministry of Finance
GST To SST: Understanding The Facts And Figures
- 17th July 2018
A lot has been said about the coming change to the Sales and Services Tax (SST) from the current Goods and Services Tax (GST). Let's break down some of the facts and misconceptions.
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Ministry of Finance
Construction For The LRT 3 Project Continues After 47% Cut In Cost
- 17th July 2018
The government has approved the continuation of the LRT 3 Project after the total project cost was cut by 47%.
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Ministry of Finance
Guan Eng Announces 10% SST For Sales, 6% For Services
- 16th July 2018
The Finance Minister has announced that the bill setting the SST rate at 10% for sales and 6% for services is expected to be passed next month.
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Ministry of Finance
New Government Measures to Counter Rising Costs of Living
- 17th September 2015
Just two days ago, the government announced it wanted to help counter the rising cost of living and help stimulate the economy. We look at the measures in turn.
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Ministry of Finance
A Savings Account For Every Stage of Your Life
- 16th May 2014
You may know what a savings account is generally, but what is the difference between a basic savings account and a senior savings account? Read on to find out!
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Budget 2026: MY50 And Other Transport Subsidies To Continue Despite No Mention
Samuel Chua
- 13th October 2025
The government will continue providing public transport subsidies, including the My50 Pass, FLYsiswa, and the festive season airfare […]
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Bulk Bank Account Openings Legal Under Strict Safeguards, Says Finance Ministry
Samuel Chua
- 15th October 2025
The Ministry of Finance has clarified that the practice of opening bank accounts in bulk is legally allowed […]
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MOF: SARA Transaction Capacity Tripled To Meet Demand
Samuel Chua
- 3rd September 2025
The Ministry of Finance has assured that ongoing improvements are being made to the Sumbangan Asas Rahmah (SARA) […]
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Govt Saves RM5 Billion Annually From Diesel Subsidy Rationalisation
Samuel Chua
- 24th October 2025
The government has saved approximately RM5 billion a year through the diesel subsidy rationalisation exercise under the Budi […]