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Anticipated Subsidy Cuts and New Taxes
Malaysia to widen tax net and cut subsidies in 2025 as budget spending hits record
Malaysia will widen the scope of its sales and services tax (SST) and reform the subsidy of a widely used fuel next year, Prime Minister Anwar Ibrahim said on Friday as he announced record budget spending of 421 billion ringgit ($98 billion).
Malaysia Eyes More Subsidy Cuts, New Taxes in 2025 Budget to Boost Finances
KUALA LUMPUR - Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fiscal position amid expectations of falling government revenue.
Malaysia's Upcoming Budget: Anticipated Subsidy Cuts and New Taxes
As Malaysia prepares to unveil its 2025 budget, analysts predict significant subsidy cuts and the introduction of new taxes to bolster its fiscal position amid expected declines in government revenue.
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Malaysia plans record budget spending in 2025 as reforms boost revenue
Malaysia announced on Friday record budget spending of 421 billion ringgit ($98 billion) for 2025, with the government ...
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Malaysia’s record 2025 budget to boost economy, welfare, as Anwar leverages political stability
The budget aims to grow Malaysia’s appeal as a destination for hi-tech investments while also uplifting the country’s most ...
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Malaysia and Jordan discuss humanitarian support for Palestinians
Malaysia and Jordan have held discussions to strengthen cooperation in delivering humanitarian aid to the Palestinians, ...
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Another record budget for Malaysia to sustain near-term growth with increased consumption
The RM421 billion (S$127.8 billion) budget includes RM12 billion to raise payouts to 2.5 million civil servants and ...
Yahoo Malaysia
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Malaysia to dial back on subsidies in 2025 as growth picks up
Prime Minister Anwar Ibrahim is counting on more subsidy cuts and accelerating growth to help reduce the fiscal deficit even ...
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Malaysia's CPI performance sees boost, targets further progress with anti-corruption strategy 2024-2025
Malaysia has demonstrated significant progress in combating corruption, reflected by an improvement in the Corruption ...
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Bill to grant mufti lawmaking powers stokes concern among Malaysia’s Muslims
Proposed law has drawn flak for curbing Muslims' personal freedoms and undermining the Constitution. Read more at ...
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on MSN
Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget
Malaysian Prime Minister Anwar Ibrahim will announce his third budget on Friday, following a good 2024 for the Southeast ...
Business Recorder
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Malaysia sees 2025 palm oil prices at between 3,500-4,000 ringgit per ton
KUALA LUMPUR: Malaysia expects the price of crude palm oil (CPO) to average between 3,500 ringgit and 4,000 ringgit ($812 to ...
1d
on MSN
Malaysia arrests hundreds more over child abuse claims
To date, the police operation against GISB has resulted in 415 arrests and the rescue of 625 children, according to Saifuddin ...
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Malaysia’s Budget Eyed for Catalysts to Spur Rebound in Bonds
Malaysia’s sovereign bonds and currency are poised to rebound on robust economic indicators and expectations for fiscal ...
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Budget 2025: Malaysia to showcase local handicraft at 2025 Asean Summit
Malaysia is set to showcase its rich handicraft heritage at next year’s Asean Summit, with all gifts and souvenirs sourced ...
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