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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).
Opinion
Channel NewsAsia Singapore
22m
Opinion
Commentary: Malaysia’s purchase of Kuwaiti Hornet fighter jets - is it worth it?
On the surface, Malaysia’s planned purchase of Hornet fighter jets from Kuwait looks prudent. But there are deeper considerations to mull over, says this former RSIS researcher.
The Star
49m
Can Malaysia dance to a better tune?
In
Malaysia
, despite the presence of arts schools, the creative industry ecosystem lags behind. PwC
Malaysia
reports that ...
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 ...
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 ...
25m
Malaysia condemns killing of Hamas leader
Malaysia mourns the loss of martyr Yahya Sinwar, a fighter and defender of the Palestinian people, who was brutally killed by ...
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 ...
The Jordan Times
4h
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 ...
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 ...
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