Ready or Not: How E-Invoicing Is Changing the Way Malaysian Businesses Work
Beginning in 2025, Malaysia is entering a new digital phase for businesses with the implementation of e-Invoicing — an initiative by the Inland Revenue Board (LHDN) to improve transparency, efficiency, and tax compliance. But while this move promises long-term benefits, many small and medium enterprises (SMEs) are still figuring out what it means for their […]
Mandatory EPF Contributions for Foreign Workers Effective October 2025
Starting this month, foreign workers in Malaysia are required to contribute to the Employees Provident Fund (EPF), following the enforcement of the Finance Act 2025. Under the new rule, all documented non-Malaysian employees must contribute 2% of their monthly wages, while employers are also required to contribute 2% on behalf of their foreign staff. This […]
New BNM Rule: Financial Education Required for Personal Loans Above RM100,000
Bank Negara Malaysia (BNM) has introduced a new requirement: consumers applying for personal financing above RM100,000 must complete a financial education module before approval. New Policy: Financial Education for High-Value Loans Why Is This Important? This measure is significant because: Who Will Be Affected What Borrowers Should Do Leap Concept’s View At Leap Concept, we […]
Budi95 Petrol Subsidy Malaysia 2025: RON95 Price, Eligibility and Monthly Limit
The Budi95 petrol subsidy Malaysia 2025 was introduced on 30 September 2025 to make fuel more affordable for citizens. With this new system, Malaysians can purchase RON95 petrol at RM1.99 per litre, capped at 300 litres per month. Non-citizens will pay RM2.60 per litre, ensuring subsidies are focused only on Malaysians. What is the Budi95 […]
Ringgit to appreciate to RM 4.50 against the US dollar by the end of 2024
MIDF research has projected appreciation of the Malaysian Ringgit to RM 4.50 by year’s end, setting an optimistic tone for the currency in 2024. This is due to the fact that MIDF research predicts a turnaround and cites other factors for the currency’s rise. A major reason for the optimistic view is that interest rate […]
Anything you know about Bursa Malaysia? The most important institution in Malaysia’s economic system
Bursa Malaysia is one of the largest bourses in ASEAN. They operate and regulate a fully integrated exchange, offering a comprehensive range of exchange-related facilities, including listing, trading, clearing, settlement, and depository services. Is Malaysian knowledgeable enough about Bursa Malaysia? What is “Bursa Malaysia” Bursa Malaysia Berhad is a brand new name changed from Kuala […]
Bank Negara Malaysia Maintains OPR at 2.75%
Bank Negara Malaysia’s Decision is Accommodative and Supportive of Economic Growth as It Says.