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tax cuts

Ringgit opens higher against US dollar

At 8.01 am, the ringgit rose to 4.2190/2365 against the US dollar from Thursday’s close of 4.2300/2355

Tax cuts unlikely in Budget 2025, focus shifts to reforms, says economist

Government prioritises economic resilience, sustainability in upcoming budget plans

CTIM expects luxury goods tax hike, no individual, corporate tax cuts in new budget

Chartered Tax Institute of Malaysia does not expect tax cuts for individuals or corporates, but more details on the luxury goods tax and the mechanism for capital gains tax in the upcoming Budget 2024. 

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Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders

RM460m budget boost to power RTG, para-athletes, and regional games prep: KBS

With RM460 million secured for national sports development and RM240 million earmarked for the 2027 SEA Games, KBS sets its sights on building a comprehensive, sustainable sporting ecosystem

Malaysia Airlines, SIA join rush to cancel Middle East flights as Iran-US-Israel strikes escalate

More countries announce airspace closures as carriers suspend flights on Feb 28 and March 1, passengers reminded to check for updates on subsequent flights

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