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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).
Budget 2025: Malaysia forecasts record budget spending for 2025, more subsidy reform
Malaysia on Friday unveiled a record budget spending for 2025, focusing on economic restructuring to improve its revenues through subsidy rationalisation and fiscal reforms.
Petrol subsidy cuts, new taxes and wage increases to be focus of Malaysia’s 2025 Budget: Analysts
Prime Minister Anwar Ibrahim will be unveiling his third budget at a time of a resurgent economy and a strong ringgit.
Malaysia Eyes More Subsidy Cuts, New Taxes in 2025 Budget to Boost Finances
KUALA LUMPUR - Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fiscal position amid expectations of falling government revenue.
2h
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 ...
41m
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 ...
48m
on MSN
Budget 2025: Malaysia poised for higher tourist influx next year
Malaysia is poised to benefit from the anticipated influx of tourists next year, with the travel and tourism industry fully ...
2h
Another record budget for Malaysia to sustain near-term growth with increased consumption
The RM421 billion (S$127.8 billion) budget includes RM12 billion to raise payouts to 2.5 million civil servants and ...
malaymail
34m
How will RM30m in Budget 2025 tackle scams and cyber threats? PM Anwar explains
The government is allocating RM30 million in Budget 2025 to bolster efforts to curb scams as well as enhancing cyber security ...
Paul Tan
2h
Malaysia Budget 2025 live updates (auto/transport)
Budget 2025 for Malaysia is being tabled now (October 18, 4pm) by finance minister and prime minister Datuk Seri Anwar ...
1d
Malaysia’s Budget Eyed for Catalysts to Spur Rebound in Bonds
Malaysia’s sovereign bonds and currency are poised to rebound on robust economic indicators and expectations for fiscal ...
Channel NewsAsia Singapore
9h
Malaysia’s 2025 Budget to address rising cost of living
Malaysia will unveil Budget 2025 on Oct 18 and is expected to focus on addressing the rising cost of living. The government wants to ensure the bottom 40 per cent of households, known as B40, get the ...
1d
on MSN
Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget
Malaysian Prime Minister Anwar Ibrahim will announce his third budget on Friday, following a good 2024 for the Southeast ...
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