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theringgit.

Malaysian money, explained with receipts

Follow the money, not the man.

theringgit traces Malaysian public and corporate money to the document it came from: the annual report, the budget line, the gazetted order, the Act itself. Every piece opens with the documents it rests on, so you can check the work.

The chart is fromBefore Malaysia's budget pays for a single service, RM210 billion of it is already spent

Decide with the numbers

Compare loans, savings and cards on what they really cost, and work out your own tax, EPF and loan payments. Every rate links to the bank's own page, with the date we last checked it where our data has one.

  • Personal loans

    Every personal loan we track, ranked by what it really costs you each month.

  • Savings and fixed deposits

    Fixed deposit and savings rates side by side, each linked to the bank's own page.

  • Credit cards

    Find the card that pays you back most for how you actually spend.

Income tax rate by band, resident individuals, YA 2025

% marginal rate, by chargeable income band (RM)

01020300k–5k5k–20k20k–35k35k–50k50k–70k70k–100k100k–400k400k–600k600k–2mover 2m

Source: LHDN, resident tax rates (Income Tax Act 1967, Schedule 1) · zero-based axis

Work out your own tax

EPF dividend, Simpanan Konvensional, 2016 to 2025

% a year, as declared

024682016201720182019202020212022202320242025

Source: KWSP dividend series (data.gov.my) · zero-based axis

Project your EPF savings

The five questions we are following

Each section is a strand of the same story — where the money is raised, who holds it, and what it buys.

  • Where the oil money goes

    Petronas, Petros, Sarawak and Sabah. Who produces the oil and gas, who collects the revenue, and what the statutes actually say about the split.

  • What things actually cost

    Wages, groceries, rent, fuel, cars and children, priced against Malaysia's own household data rather than against a feeling.

  • Corporate Malaysia

    Malls, tolls, casinos and the funds that own the market. What the filings say about who holds what, and what that concentration costs.

  • The ringgit

    A currency only moves against something else. What the ringgit has actually done, what Bank Negara recorded at the time, and what it changes at the shelf.

  • Where your taxes go

    The federal budget is a public document almost nobody opens. Subsidies, consumption tax, the civil service bill, and where a ringgit of spending lands.