Digital Services & Low-Value Goods Trade Soars as Malaysia Collects Nearly RM2.1bil in Taxes

Digital Services and Low-Value Goods Taxes Drive Strong Revenue Growth Malaysia has collected close to RM2.1 billion from Digital Services & Low-Value Goods Trade, thus showing strong gains from taxes aimed at the fast-growing online economy. RM1.62 billion came from the Service Tax on Digital Services (STODS), while RM476 million was raised through the Low…

Malaysia Attracts Foreign Investments In Its First Quarter

Malaysia Brings USD15 Billion in Foreign Investments in First Quarter Malaysia has attracted nearly USD15 billion across key sectors. These include semiconductors, data centres, logistics, and automotive manufacturing. Despite global uncertainty and trade tensions, the Malaysian Investment Development Authority (MIDA) reported that almost 70% of total approved investments — worth about USD21 billion — came…

Electricity Tariff Reforms Announced in Malaysia

Malaysia’s Electricity Tariff Reform Will Help Businesses Track Fossil Fuel Costs and Invest in Clean Energy The new electricity tariff reform being introduced in Malaysia will provide businesses with greater visibility into energy costs and encourage investment in cleaner alternatives. The Energy Commission announced that Peninsular Malaysia’s new tariff structure will separate energy, capacity, network…