Economy

KKDW Drives Rural Development with RM12 Billion Allocation

PUTRAJAYA, Malaysia., July 1, 2025 — Over the past 940 days, the Ministry of Rural and Regional Development (KKDW), led by Deputy Prime Minister Dato’ Seri Dr. Ahmad Zahid Hamidi, has made significant strides in empowering rural communities, backed by a dedicated team and transformative initiatives. This year alone, nearly RM12 billion has been allocated

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LHDNM Sandakan Lauded for Stellar Revenue Collection, Warm Hospitality During Deputy Finance Minister’s Visit

SANDAKAN, July 1, 2025 – Deputy Finance Minister Lim Hui Ying expressed heartfelt gratitude for the warm and professional reception extended to her and her delegation during a working visit to the Inland Revenue Board (LHDNM) Sandakan branch today. The visit, aimed at strengthening ties between the Ministry of Finance and LHDNM, underscored the agency’s

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Malaysia to Amend LPG Subsidy Rules, Launch OPS KESAN 4.0 on July 1, 2025

KOTA KINABALU, Malaysia. June 30, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) announced amendments to the regulations governing subsidized LPG cylinders and the launch of OPS KESAN 4.0, both effective from July 1, 2025, to enhance compliance and curb profiteering amid changes to the Sales and Service Tax (SST). Speaking

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MADANI Govt Slashes SST on Fruits, Beauty Services in New Relief Measures

KUALA LUMPUR, Malaysia June 27, 2025– Malaysian Government has announced several new measures to ease the burden on the public and businesses, following approval by the Cabinet. Key decisions include: – Increase in SST threshold : The threshold for businesses subject to the Sales and Service Tax (SST) has been raised from RM500,000 to RM1

MADANI Govt Slashes SST on Fruits, Beauty Services in New Relief Measures

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E-Commerce Boosts Malaysia’s Domestic Economy Through KBBM, Driving RM347 Million in Sales

ISKANDAR PUTERI, Malaysia, June 27, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) kicked off its 2025 KPDN Carnival Tour with the Southern Zone event, held at Puteri Harbour, Iskandar Puteri, Johor, from June 27 to 29. The three-day carnival marks the launch of the 2025 Buy Malaysian Products Campaign (KBBM),


E-Commerce Boosts Malaysia’s Domestic Economy Through KBBM, Driving RM347 Million in Sales
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Hong Kong rises to World’s No.3 most competitive economy

HONG KONG SAR – Media OutReach Newswire – 19 June 2025 – Hong Kong has moved up two places to rank as the world’s third most competitive economy, marking the second successive year that the city has jumped two places in the global rankings to reach its highest position since 2019. The World Competitiveness Yearbook 2025 (WCY

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RON97 and Diesel Prices Rise by 7 Sen Per Litre from June 19 to 25, 2025

MALAYSIA, PUTRAJAYA, June 18, 2025 – The Ministry of Finance has announced a 7 sen per litre increase in the retail prices of RON97 petrol and diesel in Peninsular Malaysia, effective from today, June 19 to 25, 2025, driven by rising global oil prices. The retail price of RON97 petrol will rise from RM3.07 to

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Malaysia Soars to 23rd in 2025 World Competitiveness Ranking, Up 11 Spots

MALAYSIA, KUALA LUMPUR, June 17, 2025 – Malaysia has achieved a remarkable leap in the 2025 World Competitiveness Ranking, climbing 11 places to secure the 23rd position, marking its best performance in five years, announced Prime Minister Dato’ Seri Anwar Ibrahim. The surge reflects the success of the MADANI Government’s reform initiatives, driven by strong

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Malaysian Cabinet Committee on Food Security Policy Targets Higher Self-Sufficiency in Meat Production

MALAYSIA. PUTRAJAYA, June 16, 2025 – The first 2025 meeting of the Cabinet Committee on National Food Security Policy, chaired by Prime Minister Dato’ Seri Anwar Ibrahim, focused on strategies to boost the nation’s self-sufficiency rate (SSR) for meat. A roundtable discussion reviewed programs aimed at ensuring the livestock sector remains sustainable, resilient, and competitive

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