Anwar Pledges E-Invoice Review to Ease Burden on Small Businesses

At the PKR 2024/2025 National Congress in Johor Baru, Prime Minister Anwar Ibrahim announced a review of the e-Invoice system to reduce its burden on small companies, while emphasizing its role in preventing revenue leakages. The system’s phased implementation began in August 2024 for large firms, with full rollout for all businesses, including MSMEs, set for July 1, 2025. Anwar also addressed subsidies, rejecting fuel price hikes for Malaysians but proposing increases for foreigners. He highlighted growing support among civil servants for the Madani government, crediting the new Public Service Remuneration System.

E-Invoice Review

Business News

Staff Writer

Recent Posts

World Cup Fever Unlikely to Dictate FBM KLCI as Investors Focus on Economic Fundamentals

Historical analysis shows World Cup tournaments have limited influence on FBM KLCI performance, with macroeconomic…

22 hours ago

Airlines: Energy Cost Ground Airlines Optimism (Neutral)

The prolonged US-Iran conflict has turned into a drawn-out war of attrition, far exceeding the…

1 day ago

Plantations: El Nino Alerts (Overweight)

Malaysia’s palm oil inventories in May topped market expectation of 2.4m mt, as buyers switched…

1 day ago

HEAD Supercycle Drives a $25 Trillion Global Resilience Economy

Healthcare, energy, AI, and defense spending are approaching $25 trillion in 2026, creating a powerful…

1 day ago

Brrandom Expands Operations to Singapore and Indonesia, Launches Six AI Practice Areas

Brrandom On its third anniversary, the AI-native marketing technology company launches six transformative AI practices,…

1 day ago

Forest City SFZ Could Surpass RM2 Billion Investment Target

Forest City’s Special Financial Zone (SFZ) could exceed its RM2 billion investment target this year,…

1 day ago

This website uses cookies.