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Malaysia to widen tax net, raise minimum wages in 2025
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record budget spending plan of 421 billion ringgit ($98 billion).
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 vulnerable groups.
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline and education subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit
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).
15h
on MSN
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 ...
Astro Awani
5h
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities ...
15h
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 ...
Vulcan Post on MSN
12h
Budget 2025: Cash aid and other financial assistance for Malaysians of all ages
Single, non-married Malaysians will receive a one-off aid of RM600 under the STR programme. Besides those programmes, Budget ...
1d
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 ...
8h
Anwar to cut fuel and education subsidies for top earners under Malaysia’s Budget 2025
Keeping to his pledge to tax high-income earners, Datuk Seri Anwar on Oct 18 said that the government will remove fuel ...
iMoney on MSN
9h
Budget 2025 Empowers Growth And Ensures Stability For SMEs
The recent budget 2025 showcased numerous initiatives that aim to help support the growth and resilience of SMEs in Malaysia.
malaymail
33m
Budget 2025: Winners and losers of Putrajaya’s largest federal spending to date
Prime Minister Datuk Seri Anwar Ibrahim tabled the country’s biggest ever federal spending plan in Budget 2025 yesterday, ...
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