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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 to raise minimum wage to RM1,700 from February next year
The Malaysian PM said the Progressive Wage Policy, introduced in June as a pilot programme, will be fully implemented next year, backed by an RM200 million allocation aimed at benefiting 50,000 worker
Malaysia to Widen Scope of Sales and Services Tax From May 2025
Malaysia will broaden the scope of its sales and services tax from May next year and part of the revenue raised will be used to improve the quality of education and health services, Prime Minister Anwar Ibrahim said Friday.
Yahoo News
22h
Killing of much-loved stray dog sparks nationwide backlash in Malaysia
The killing of a beloved stray dog, who went viral on social media due to an adorable video with a cat, has triggered outrage ...
22h
The Winners and Losers From Malaysia’s 2025 Spending Plan
Malaysia’s retailers and tourism-related firms are poised to benefit from the national spending plan for next year as the ...
4d
Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances
Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and ...
devdiscourse
20h
Malaysia's Bold Fiscal Reforms: A New Era of Economic Strategy
Malaysia plans to revamp subsidies and introduce new taxes in 2025 to address its fiscal deficit, with Prime Minister Anwar ...
1d
Malaysia Plans to Reduce Petrol Subsidies in Middle of 2025
Malaysia will reduce subsidies for its most widely-used petrol, RON95, in mid-2025 as the government seeks to narrow its ...
aseanbriefing
3d
Malaysia Public Holidays: Essential Dates for 2025
We list the 2025 public holidays in Malaysia in our guide, which include Hari Raya, Chinese New Year, and state-specific ...
1h
Huawei spies a second chance to shape Malaysia’s 5G future
The Chinese tech giant has emerged as the odds-on favourite to build Malaysia’s second 5G network – despite the West’s ...
Channel NewsAsia Singapore
10h
‘Mental torture’: Malaysia’s ex-GISB members share their experiences of years in controversial conglomerate
Mr Razali Rahmat and Mrs Dalilah Diyana are from different backgrounds and different regions, but they have one thing in ...
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