Ministry of Finance

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Ministry of Finance
Basic Banking Services To Stay Tax-Free From 1 July
- 26th June 2025
Starting 1 July, Malaysians using basic banking services like savings and current accounts will not be affected by […]
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Ministry of Finance
Health Minister: Claims of Private Hospital Exclusion from DRG System are ‘Completely Wrong’
- 18th June 2025
Health Minister Datuk Seri Dr Dzulkefly Ahmad has denied that Malaysia’s upcoming diagnosis-related group (DRG) payment system will […]
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Ministry of Finance
Govt Eyes RM10 Billion Boost From SST Expansion, Cites Wealth Tax Challenges
- 18th June 2025
The Malaysian government expects to raise an estimated RM10 billion in additional revenue within six months through the […]
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Ministry of Finance
PM Forms Ministerial Committee To Tackle Rising Private Healthcare Costs
- 17th June 2025
Prime Minister Datuk Seri Anwar Ibrahim has announced the formation of a joint ministerial committee to address the […]
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Ministry of Finance
Private Hospitals Ask MOF To Delay 6% SST On Foreign Patients
- 11th June 2025
The Association of Private Hospitals Malaysia is urging the Ministry of Finance to postpone the planned implementation of […]
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Ministry of Finance
No Sales Tax On Local Fruits and Essentials Under Revised SST
- 11th June 2025
The Ministry of Finance (MOF) has confirmed that local fruits and other essential daily goods will not be […]
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Ministry of Finance
Govt Sets 5%-10% Sales Tax On Non-Essentials, Expands Service Tax
- 9th June 2025
Selected non-essential goods in Malaysia will be subject to a revised sales tax rate of either 5% or […]
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Ministry of Finance
RON95 Fuel Subsidy Implementation Now Under MOF’s Control
- 19th May 2025
The Ministry of Economy has officially handed over responsibility for executing the targeted RON95 fuel subsidy to the […]
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Ministry of Finance
Malaysia Prepares Fuel Subsidy Reform Amid Economic Uncertainty
- 16th May 2025
Malaysia is preparing to implement fuel subsidy reforms in the second half of 2025, with the government continuing […]
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Ministry of Finance
MOF Approves Licence For Ryt Bank, Malaysia’s First AI-Powered Digital Bank
- 14th January 2025
The Ministry of Finance (MOF) has granted a digital banking licence to YTL Digital Bank Berhad, a joint […]
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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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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 […]