Economy

Malaysia Advances Trade Talks with US, Balancing Market Access and National Interests

KUALA LUMPUR, Malaysia, July 9, 2025 – Malaysia is making significant strides in its trade negotiations with the United States, with the Ministry of International Trade and Industry (MITI) outlining key progress in securing export market access, modernizing the economy, and safeguarding long-term livelihoods, according to a recent statement by the minister. The complex negotiations, […]

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KPDN Launches OPS KESAN 4.0 to Curb Price Gouging Amid SST Changes

PUTRAJAYA, Malaysia, July 8, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) has rolled out OPS KESAN 4.0 nationwide, effective July 1, 2025, to prevent traders from exploiting the revised Sales and Service Tax (SST) rates and expanded service tax scope. The operation aims to ensure businesses do not unjustifiably hike

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Trump Unveils Bold 10% Tariff on Nations Aligning with BRICS

WASHINGTON D.C, July 7, 2025 – In a striking move to bolster U.S. economic dominance, President Donald J. Trump announced that any country aligning with the “anti-American policies” of the BRICS bloc will face an additional 10% tariff on imports to the United States. The policy, outlined in a Truth Social post shared on X

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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),

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