Malaysia News Today - Breaking News, Politics, Economy, Sports & Technology

Borders and boom: Economics behind migration

TSI forum tackles Sarawak’s economic future: O&G, e-invoicing, GST vs SST

Premier: Sarawak to introduce Circuit of Regatta as new economic driver for SMEs

Sarawak Premier Abang Johari announced the 'Circuit of Regatta' initiative to boost the local economy, particularly for SMEs. He highlighted the growing popularity of Regatta events across Sarawak, emphasizing their cultural significance and economic potential. The upcoming budget will support Regatta organizers. Abang Johari also discussed Pesta Benak, a unique festival celebrating the tidal bore phenomenon in Sri Aman, and outlined infrastructure development plans, including the Batang Lupar Bridge, to transform the region into a food hub.

SSLR2 to spur economy, tourism in northern Sarawak, says PKR Sibuti deputy chief

The Sarawak-Sabah Link Road Phase Two (SSLR2) project is expected to boost the local economy, attract investors, and improve tourism in northern Sarawak and Sabah. Improved land connectivity will facilitate efficient transport of agricultural and forestry products, and provide safer road access for tourists. Prime Minister Anwar Ibrahim also approved the rebuilding of Nanga Medamit Clinic and contributed funds to SMK Medamit, reflecting the strong partnership between federal and Sarawak governments.

Gig Workers Bill passed to provide social protection for 1.2 mln workers, says DPM

Malaysia's Dewan Rakyat passed the Gig Workers Bill 2025, aiming to provide social security and formal recognition for over 1.2 million gig economy workers. Deputy Prime Minister Ahmad Zahid Hamidi hailed it as a significant step towards ending their marginalization and ensuring their protection through structured social security. The bill also establishes the Malaysian Gig Economy Commission (SEGiM) to regulate the sector and promote its growth.

Khaled Nordin: Madani Economy projects in army camps help boost family income, support food security

Malaysia's Madani Economy initiatives are boosting income for military families and supporting downstream industries like food security. A RM10 million allocation, in partnership with the Higher Education Ministry, funds projects like stingless bee honey and oyster mushroom farming at Sungai Ara Camp. These ventures provide skills training, entrepreneurship opportunities, and occupy families while personnel prepare for deployment. Defense Minister Datuk Seri Mohamed Khaled Nordin emphasized the importance of family welfare alongside military preparedness.

Anwar’s Summer of Discontent

Perhaps time to ban, erase “potential investments” from vocab of PMX, M’sian ministers, trade agencies

SST, E-Invoice, and Rent Hikes. How Much More Can Rakyat Tahan?

TNB new electricity tariff calculation from July 2025

Malaysia's Tenaga Nasional Berhad (TNB) announced new electricity tariffs effective July 2025. Domestic users will see a revised billing structure with five components: generation, capacity, network, retail charges, and an Automatic Fuel Adjustment (AFA). The generation charge is tiered, with a higher rate for usage above 1,500 kWh. An Energy Efficiency Incentive offers discounts for usage below 1,000 kWh. An optional Time-of-Use (ToU) tariff is available for smart meter users.

Semua kontrak kerja perlu ada duti setem mulai 1 Januari 2026

Starting January 1, 2026, all employment contracts in Malaysia will be subject to stamp duty under the Self-Assessment Stamp Duty System (STSDS). The Inland Revenue Board (LHDN) announced that late stamping of employment contracts will incur penalties. Employers are required to review and update all existing and future employment contracts to comply with the new regulation.

IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1-5m group to 2026

Malaysia's Inland Revenue Board (LHDN) has delayed the mandatory e-invoicing implementation for businesses. Businesses with annual sales between RM1 million and RM5 million will now be required to comply starting January 1, 2026, instead of earlier dates. Those with sales below RM500,000 are exempt. The rollout for businesses with sales up to RM1 million is postponed to July 1, 2026. This decision acknowledges the challenges faced by MSMEs in adapting to the new system. A six-month grace period will apply to each phase, allowing for consolidated e-invoices.

China’s ‘world’s supermarket’ eyes thriving prospects amid trade uncertainties

Yiwu, a major global trade hub in China, continues to thrive despite global tariff challenges. In the first quarter of 2025, the city saw a 13% year-on-year increase in import and export value, reaching US$23 billion. Merchants attribute their resilience to diversified markets, adaptable supply chains, and risk mitigation strategies. The city, home to 18,000 foreign merchants, connects over 2 million Chinese businesses with over 230 countries and regions. Businesses like Ningbo Guanjiang Tools Co Ltd, exporting to over 100 countries, report stable sales despite US tariff policies.

General : Water Tariff Hike Won’t Affect Most Johor Domestic Users - Ranhill Saj

Ranhill SAJ, Johor's water operator, announced that the recent water tariff adjustment will not impact most domestic users. Places of worship and vulnerable groups registered under the e-Kasih database are also exempt from the increase. The adjustment aims to ensure sustainable water supply services in the state.