News about MoF

"Defer the SST on rentals until after Visit Malaysia Year 2026 to preserve industry stability and support tourism-linked growth.

“This initiative will not only accelerate Cyberjaya’s transformation into a world-class tech and innovation ecosystem but also solidify Malaysia’s position as a key player in the global digital economy.

At the same time, MRCB is buying seven parcels of land in Cyberjaya and Dengkil from Cyberview for RM287.

As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.

Johan said the government is also working on ways to reduce subsidies for diesel that has seen huge leakages.

In another few hours, the long awaited Budget 2022 will be announced by the Finance Minister Datuk Seri Tengku Zafrul Aziz.

KUALA LUMPUR (Sept 3): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said it may not be the right time to reintroduce a consumption tax like the previous goods and services tax (GST) as this could have an impact on the momentum needed to revive Malaysia’s economy amid the Covid-19 pandemic.

KUALA LUMPUR (July 17): In a rare move, Malaysia's Ministry of Finance (MOF) has invited opposition lawmakers from the Democratic Action Party (DAP) to the ministry's office in Putrajaya to discuss the country's Covid-19-driven National Recovery Plan (NRP) with Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz on Thursday (July 15), during which the DAP representatives presented a RM45 billion recovery and stimulus plan for the MOF's consideration.

KUALA LUMPUR (Nov 6): Domestic demand in Malaysia is expected to post a recovery in 2021 expanding by 6.

KUALA LUMPUR (Nov 6): Malaysia's unemployment rate is projected to decrease to 3.