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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’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 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).
1d
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive ...
4h
on MSN
Malaysia’s minimum wage to go up to RM1,700 from Feb 1
The government has agreed to increase the minimum wage rate from RM1,500 currently to RM1,700, with effect from Feb ...
Yahoo News
1d
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 ...
1d
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 ...
1d
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 ...
3d
on MSN
Malaysia arrests hundreds more over child abuse claims
To date, the police operation against GISB has resulted in 415 arrests and the rescue of 625 children, according to Saifuddin ...
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 ...
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 ...
Upstream
2d
Another hotly-contested FPSO project in Malaysia picks up the pace
Three competing contractor groups have submitted bids for a front-end engineering and design contest focused on a floating ...
The Jordan Times
2h
Jordan condoles Malaysia over flood victims, Nigeria following fuel tanker explosion
The Foreign Ministry on Saturday expressed solidarity with the government and people of Malaysia following the floods that ...
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