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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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MOF
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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MOF
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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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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MOF
MOF Expands Sumbangan Asas Rahmah Assistance To Sabah And Sarawak
- 14th January 2025
The Ministry of Finance (MOF) has announced that the distribution of Sumbangan Asas Rahmah (Sara) assistance via MyKad […]
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MOF Registers Two New Credit Reporting Agencies
- 28th November 2024
The Ministry of Finance (MOF) has announced the registration of two new credit reporting agencies, MyData Informatica Sdn […]
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MOF
Boost Bank Reveals Upcoming Financial Products, Including Savings Jars & Debit Card
- 15th January 2024
Boost Bank by Axiata and RHB has officially commenced operations today, with alpha testing taking place first before […]
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MOF
Boost Bank Receives Green Light From BNM To Commence Operations
- 9th January 2024
RHB Bank and Boost announced that they have received official approval from Bank Negara Malaysia (BNM) and the […]
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MOF
GXBank Begins Beta Testing Of App, Invites Public To Register And Join Waitlist
- 27th October 2023
GXBank is now inviting interested members of the public to register and participate in the beta testing of […]
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MOF
Grab’s GXBank Becomes First Digital Bank To Receive BNM Approval To Commence Operations
- 5th September 2023
Grab-led digital bank GXBank announced that it has received approval from the Minister of Finance and Bank Negara […]
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Budget 2026: Expanded Tax Relief To Encourage Sustainable And Safer Homes
Samuel Chua
- 13th October 2025
The government plans to expand individual income tax relief to encourage more Malaysians to adopt environmentally sustainable and […]
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EPF Top-Ups Hit RM14.13 Billion in Eight Months
Christina Chandra
- 29th October 2025
Malaysians added RM14.13 billion to their Employees Provident Fund (EPF) accounts through voluntary top-ups between January and August […]
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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 […]