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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EPF Releases Belanjawanku, An Expenditure Guide for Malaysians
Hayatun Razak
- 8th March 2019
The EPF and University of Malaya collaborated to create a comprehensive estimated guide to achieve an acceptable standard of living in Malaysia.
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GST To SST: Understanding The Facts And Figures
Pang Tun Yau
- 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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What Is The Malaysia Consumer Credit Act & Why Does It Matter To You?
Alex Cheong Pui Yin
- 4th October 2022
As consumers, you would definitely be familiar with credit cards, personal loans, hire purchase agreements (better known as […]
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MOF: Govt To Continue Tax Exemption For Foreign-Sourced Income
Alex Cheong Pui Yin
- 4th January 2022
The government has made a turnabout on its decision to begin taxing foreign-sourced income in Malaysia starting from […]