PM Anwar: Ramadan bazaar food price hike due to high lot rental cost, not SST

PM Anwar: Ramadan bazaar food price hike due to high lot rental cost, not SST

KUALA LUMPUR, March 26 ― The increase in food prices at Ramadan bazaars is not due to the implementation of the sales and service tax (SST), but rather stems from the high rental cost of the bazaar lots, Prime Minister Datuk Seri Anwar Ibrahim said. Anwar said the high rental costs are partly due to … Read more

Disney+ Hotstar Malaysia price hike will not affect Astro packages

Disney+ Hotstar Malaysia price hike will not affect Astro packages

KUALA LUMPUR, March 25 — Disney+ Hotstar recently announced a massive price hike which will be in place starting from 24 April 2024. Naturally, this would affect customers who subscribed to the service via alternative methods but if you are an Astro customer, we have good news for you. Astro has updated the FAQ portion … Read more

Unifi TV is affected by Disney+ Hotstar price hike, more details to be revealed soon

Unifi TV is affected by Disney+ Hotstar price hike, more details to be revealed soon

KUALA LUMPUR, March 25 — Over the weekend, Disney+ Hotstar dropped a bombshell on its Malaysian subscribers by announcing a significant price hike and plan revamp that will take place on 24 April. As expected, this will have an impact on customers who subscribed to the service through alternative methods such as Unifi TV. In … Read more

Deputy minister: Rahmah Ramadan Bazaars to offer Menu Rahmah, to ease public financial burden amid SST hike

Deputy minister: Rahmah Ramadan Bazaars to offer Menu Rahmah, to ease public financial burden amid SST hike

KUALA LUMPUR, March 4 — To alleviate public living cost challenges, the government will be mandating Ramadan bazaars to offer Menu Rahmah during the fasting month to provide financial relief to individuals and families alike. Deputy Domestic Trade and Cost of Living (KPDN) Minister Fuziah Salleh said that her ministry will be pursuing “aggressive” moves … Read more

Deputy domestic trade minister cautions businesses unaffected by SST hike not to exploit situation

Deputy domestic trade minister cautions businesses unaffected by SST hike not to exploit situation

KUALA LUMPUR, March 3 — Deputy Minister of Domestic Trade and Cost of Living (KPDN) Fuziah Salleh cautioned traders unaffected by the Sales and Service Tax (SST) hike to not take advantage by raising prices to garner extra profits from consumers. She emphasised that such actions are irresponsible and could result in penalties if found … Read more

Energy Transition Ministry: Eight million water supply users exempted from SST hike 

Energy Transition Ministry: Eight million water supply users exempted from SST hike 

KUALA LUMPUR, March 1 — A total of eight million users of water supply services comprising 87 per cent domestic and 13 per cent non-domestic consumers in Peninsular Malaysia and the Federal Territory of Labuan are exempted from the sales and service tax (SST) hike which came into effect today. The Energy Transition and Water … Read more

Exempt utilities from SST hike, Ka Siong tells Putrajaya

Exempt utilities from SST hike, Ka Siong tells Putrajaya

KUALA LUMPUR, Feb 22 — MCA president Datuk Seri Wee Ka Siong has urged the government to exclude water and electricity from the upcoming 2 percentile pile increase in sales and service tax (SST), just like for food and beverages (F&B), parking and telecommunications charges. Wee said that including the utilities in the planned SST … Read more

Opportunities and challenges of the service tax hike — Goh Lim Thye

Opportunities and challenges of the service tax hike — Goh Lim Thye

FEBRUARY 19 — In a notable shift of policy designed to enhance its revenue foundations and guarantee fiscal durability, the Malaysian government has declared an imminent alteration to its service tax framework, set to commence in March 2024. This modification will witness the service tax rate rise from 6 per cent to 8 per cent … Read more

Hotels say prices expected to increase by up to 30pc following SST hike to 8pc this year

Hotels say prices expected to increase by up to 30pc following SST hike to 8pc this year

KUALA LUMPUR, Feb 13 — Hotel prices in Malaysia are expected to rise between 10 per cent and 30 per cent due to the recent increment in the Sales and Services Tax (SST) to 8 per cent, effective from March. Sinar Harian quoted Malaysian Hotel Association (MAH) president Datin Christina Toh saying that despite this, … Read more