PTPTN repayment exemption portal to reopen on Sept 1

PETALING JAYA: The application portal for first-class honours graduates seeking exemption from repaying their National Higher Education Fund Corporation (PTPTN) loans will reopen on Sept 1. “Graduates who meet the conditions remain eligible for the exemption. “PTPTN is currently upgrading its system and the portal will be fully operational on Sept 1, 2025. Applications for exemption can...

Refined sugar to stay tax-exempt, says Finance Ministry

PETALING JAYA: Refined sugar, commonly known as white sugar, will remain untaxed under the revised sales and service tax (SST) framework set to take effect from July 1, says the Finance Ministry. Addressing concerns raised by manufacturer MSM Malaysia Holdings Berhad, the ministry said the government's targeted taxation approach would ensure that essential goods including sugar,...

Top grads left in limbo over PTPTN loan exemptions

PETALING JAYA: Students who graduated with first-class honours and are hoping to obtain loan exemptions from the National Higher Education Fund Corporation (PTPTN) will have to wait a while longer. PTPTN told The Star that its website service for first-class honours loan exemption applications is currently unavailable as it awaits approval from the Finance Ministry. “PTPTN has...

Joint declaration with Putrajaya allows Sarawak to exempt PETRONAS from licensing requirements, says Abang Johari

KUCHING: Sarawak can exempt PETRONAS and its subsidiaries from licensing requirements to operate in the state following the signing of a joint declaration with the federal government, says Tan Sri Abang Johari Openg. The Sarawak Premier said the declaration served as a guide for how PETRONAS would conduct its operations in Sarawak in collaboration with state-owned...

Companies Commission introduces three new criteria for private companies’ audit exemption

SHAH ALAM: The Domestic Trade and Cost of Living Ministry through the Companies Commission of Malaysia (CCM) has introduced three criteria to exempt companies from financial statement audits, effective Jan 1. Minister Datuk Armizan Mohd Ali said private companies seeking an audit exemption must meet two of the three criteria, with one of them being that...