By Yasmin Ramlan KLANG, May 22 — State executive councillor for tourism and local government Dato’ Ng Suee Lim has ordered local councils in Selangor to review how assessment tax revenue is managed to ensure it is properly reinvested into public services and infrastructure. He said Selangor...

By Sofia Nasir   KLANG, March 25 — The Klang District and Land Office (PDT Klang) recorded RM119.7 million in land premium and permit collections as of February 28, exceeding the 41 per cent target set by the state administration this year.   Klang district officer Amri Ismail said RM1.8 million...

By Yasmin Ramlan SHAH ALAM, March 19 — Selangor has successfully collected RM605.51 million in revenue as of February 28, said Menteri Besar Dato’ Seri Amirudin Shari. He said the amount is RM32 million higher than in the same period last year. “The amount we collected has already exceeded...

CYBERJAYA, March 10 — The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.

By Danial Dzulkifly   SHAH ALAM, March 3 – The Selangor state government has set a revenue target of RM2.5 billion for 2025, a modest projection following its RM2.8 billion collection in 2024.   Menteri Besar Dato’ Seri Amirudin Shari said the target is both achievable and reasonable but...

By Ida Nadirah Ibrahim SHAH ALAM, Feb 18 — In a move to streamline raw water abstraction fees, the Selangor government plans to boost its revenue collection from industrial water operators by RM74 million, to reach RM92 million annually from this year on. Sultan of Selangor Sultan Sharafuddin...

By Danial Dzulkifly SHAH ALAM, Feb 10 — Selangor’s ambitious goal to earn RM5 billion in annual revenue is within reach if the state government can embrace unconventional strategies beyond land and water resource management, said an economist. Prof Emeritus Dr Barjoyai Bardai of the Malaysia...

By Selangor Journal Team SHAH ALAM, Jan 30 — The Selangor government has set an ambitious target to collect RM5 billion in total revenue by 2029.  Menteri Besar Dato’ Seri Amirudin Shari expressed confidence that Selangor will continue to perform well economically through the collective...

KUALA LUMPUR, Dec 11 — The Energy Transition and Water Transformation Ministry (Petra) sees electricity supply demand for data centres to increase to 20.9GW by 2040.

By Norrasyidah Arshad KLANG, Dec 11 — Selangor has logged RM2.593 billion in revenue, as of Monday, 18 per cent higher than this year’s target of RM2.2 billion. Menteri Besar Dato’ Seri Amirudin Shari said the success is evidence of the administration’s civil and administrative staff in...

SHAH ALAM, Nov 19 — The Selangor government has suggested the federal government distribute five per cent of its reserve funds to all states.

By Fitri Hazim Hazam SHAH ALAM, Nov 15 — The state government is aiming for a revenue collection of RM2.35 billion next year, said Menteri Besar Dato’ Seri Amirudin Shari. He said the target is based on the current revenue collection of RM2.4 billion so far this year, which exceeds the RM2.2...

By Danial Dzulkifly SHAH ALAM, Nov 15 — Selangor is looking to boost its revenue with increased contributions from state-owned firms and higher raw water extraction fees as part of efforts to reduce dependence on federal funding. Menteri Besar Dato’ Seri Amirudin Shari’s press secretary Jay...

ANKARA, Sept 29 — Egypt has lost US$6 billion in Suez Canal revenue due to escalating geopolitical tensions in the region, Anadolu Agency reported, citing President Abdel Fattah al-Sisi on Sunday.

KUALA LUMPUR, Sept 3 — The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, said the Plantation and Commodities Ministry.

KUALA LUMPUR, July 4 — The Federal Land Development Authority (Felda) recorded RM186 million in revenue in the first quarter (1Q) of 2024, up 3 per cent from 2023, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

SAN FRANCISCO, April.

KUALA LUMPUR, April 18 — Malaysia’s video gaming industry is projected to hit US$649 million (US$1=RM4.78) in revenue in 2024 after registering significant growth in recent times, said Digital Minister Gobind Singh Deo.

KUALA LUMPUR, Feb 28 — Proton Holdings Bid has diversified its operations and revenue stream by exploring opportunities within the automotive ecosystem and beyond, with revenue rising exponentially “from below RM1 million in 2021 to 19 times that at the end of 2023.” In a statement, the national...

KUALA LUMPUR, Feb 12 — Malaysia is one of the lowest tax revenue collectors in Southeast Asia, with a tax-to-gross domestic product (GDP) ratio of 11.8 per cent.