SINGAPORE, Nov 1 (Bernama) – Budget 2023 may see some adjustments based on the economy during the time it is re-tabled, says Caretaker Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today.
KUALA LUMPUR, Oct 29 (Bernama) – The youth should take a cue from great Asian leaders, including Malaysia’s Tunku Abdul Rahman, in embracing service and leadership at a young age, whether in the private or public sector, caretaker Finance Minister...
KUALA LUMPUR, June 2 (Bernama) – Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Bond Standards 2018 (ASEAN SUS). Both the Framework and Sustainalytics’ Second Party Opinion can be accessed at: www.mof.gov.my/en/economy/sustainability. Subsequent to a virtual roadshow covering Asia, the Middle East, Europe and the US, the sukuk...
KUALA LUMPUR, Nov 30 – The World Bank Group (WBG) office in Malaysia will function as a hub that brings together local economic and financial experts, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, July 30 (Bernama) – The Ministry of Finance (MoF) has clarified that a viral WhatsApp message regarding the salary adjustment rate for civil servants, allegedly issued by the ministry on July 25, 2024, is false.
KUALA LUMPUR, March 30 – The Ministry of Finance (MoF) will continue collaborating with all the relevant authorities to further develop Malaysia’s financial market, as well as improve its standing within the global investment community, its Minister...
- Excise Tax Regulations (Determination of Value of Locally Produced Goods for Excise Tax Purposes), the Ministry of Finance (MOF) would like to clarify that these reports are inaccurate.
KUALA LUMPUR, June 20 (Bernama) – The deadline for the sales tax exemption for the purchase of passenger vehicles remains on June 30, 2022, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said. However, he said the registration period for the...
KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, July 10 (Bernama) – Companies from the United States (US) have shown significant interest in exploring greenfield entries into Malaysia, said Deputy Finance Minister II Steven Sim Chee Keong.
related to the 1Malaysia Development Bhd (1MDB) into Malaysia’s Assets Recovery Trust Account, the Ministry of Finance (MoF) said.
economy, national recovery and measures to reduce the long-term effects of COVID-19 on the economy, the Ministry of Finance (MoF) said.
tabling the Fiscal Responsibility Act (FRA) in the Parliamentary session this October, according to the Ministry of Finance (MoF).
PUTRAJAYA, June 1 (Bernama) -- The Ministry of Finance (MOF) has clarified today that Universiti Teknologi MARA (UiTM) is fully authorised to prioritise Bumiputera companies in its procurement processes, in line with the government's procurement policy...
KUALA LUMPUR, March 17 (Bernama) – 1MDB’s Assets Recovery Trust Account still has a balance of RM15.76 billion, including from hibah and foreign exchange gains/losses, to repay most of the principal and interest on 1MDB debt in 2022.
people under Budget 2023 amounted to RM55 billion, more than the RM31 billion in 2022, according to the Ministry of Finance (MoF).
KUALA LUMPUR, July 2 – Touch ‘n Go Group (TnG) announced its partnership with the Ministry of Finance (MoF) and Malaysia Digital Economy Corporation (MDEC) to drive Budget 2021 initiatives via the Go-eCommerce Onboarding and Shop Malaysia Online (SMO)...
continue to be a transformative year, supported by solid fundamentals in the financial sector and ever-changing trends. The MOF remains committed to fostering these trends and creating an enabling environment for greater market dynamism. This is done to...
quarters as possible, a good idea is a good idea, it should not matter who proposes it. In fact, this is exactly what the MoF did during Budget 2021, when we incorporated various proposals — even from the Opposition parties — in the budget. Pejuang’s...
In Malaysia, our whole-of-nation approach towards a green transition and being carbon neutral by 2050 is guided by the MOF’s 3R principles: First, it is about being Responsive to the impact climate change has on people’s livelihood and welfare; second,...
pilgrims to fulfil the fifth pillar of Islam as stipulated under the Tabung Haji Act 1995 (Act 535), the Ministry of Finance (MoF) said.
KUALA LUMPUR, April 22 (Bernama) – Multinational corporations (MNCs) such as Amazon Web Services, Boeing, Cisco, ExxonMobil, Pfizer, Visa and Google were among the companies that attended a US-ASEAN Business Council (US-ABC) dialogue with Malaysia’s...
From left: Sultan of Selangor Sultan Sharafuddin Idris Shah, Yang di-Pertuan Agong, Sultan Abdullah Sultan Ahmad Shah and Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at book launch titled: “Weathering the Economic Storm: A Journey...
revenue will increase slightly (this year) compared to last year,” said Tengku Zafrul, adding that the Ministry of Finance (MoF) is currently studying all types of taxes that could be diversified to increase government revenue. Malaysia’s economy shrank...
KLANG, Aug 30 – The Ministry of Finance (MoF) will for the first time announce a pre-Budget 2022 statement soon in preparation for the tabling of Budget 2022 which is expected to be at the end of October.
will be paid from today to small and medium enterprises (SMEs) and micro enterprises in phases, said the Ministry of Finance (MoF).
KUALA LUMPUR, July 21 (Bernama) – The remaining debt commitment of 1Malaysia Development Bhd (1MDB) is RM32.08 billion as at June 30, 2022, with an estimated foreign exchange rate of US$1 to RM4.50, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz...
PUTRAJAYA, Oct 7 (Bernama) -- Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz left the Finance Ministry (MOF) at about 2.30 pm for Parliament to unveil Budget 2023 scheduled for 4 pm today.
PUTRAJAYA, June 8 (Bernama) – Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has brushed aside talks on his political ambition including the rumour that he will be contesting the Kuala Selangor parliamentary seat.
KUALA LUMPUR, June 28 – Being instrumental in formulating numerous measures to ensure that Malaysia is able to withstand the onslaught of COVID-19 that has caused major disruption to the global ecosystem, Tengku Datuk Seri Zafrul Abdul Aziz is...
the number of taxpayers, increase the tax compliance level and increase the country’s revenue, said the Ministry of Finance (MoF).
KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Finance (MoF) said the detailed implementation plans for targeted subsidies for RON95 petrol will be announced by end-September 2025, in line with Prime Minister Datuk Seri Anwar Ibrahim’s statement on...
CAMERON HIGHLANDS, June 14 (Bernama) – The Ministry of Finance will look into the recommendations and findings of the ministry's engagement session with entrepreneurs and vegetable growers in Cameron Highlands following the implementation of targeted...
KUALA LUMPUR, Sept 21 (Bernama) – The government is working hard to ensure that the transition towards sustainability, whether via tax incentives, private sector initiatives, or financing and investment facilities, will not disenfranchise the poor, or...
Datuk Seri Ahmad Maslan MELAKA, Aug 21 (Bernama) -- Deputy Finance Minister I Datuk Seri Ahmad Maslan expressed hope that the state governments can work together with the federal government to elevate the country’s economy to be among the top 30...
ALLOCATION RISES BY 26% TO RM2.1 BILLION EARMARKED FOR 8.2 MILLION RAKYAT
will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).
KUALA LUMPUR, May 28 (Bernama) – Strong economic fundamentals and prudent ringgit management are expected to contribute to the strengthening of the ringgit against the US dollar despite several temporary factors that have contributed to the ringgit's...
Strong economic fundamentals and prudent ringgit management are expected to contribute to the strengthening of the ringgit against the US dollar (USD), despite several temporary factors that have contributed to the Ringgit's current depreciation.
KUALA LUMPUR, Nov 15 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim said Malaysia’s strong economic performance in the third quarter (3Q) of 2024 reflects both business and consumer confidence in the Malaysian economy and the government’s economic...
PUTRAJAYA, Oct 17 (Bernama) – A total of 8.8 million recipients of the Sumbangan Tunai Rahmah (STR) will receive their Phase 4 STR 2025 payments starting tomorrow (Oct 18), ahead of the Deepavali celebration, earlier than the original schedule in...
Credit: Ministry of Finance, Malaysia (MOF) KUALA LUMPUR, Aug 23 (Bernama) -- The disbursement of the Sumbangan Tunai Rahmah (STR) Phase 3 payment to 8.5 million recipients will begin next Thursday (Aug 29).
1 Rahmah Cash Donation (STR) Phase 1 will be disbursed in stages starting tomorrow, according to the Ministry of Finance (MOF).
Tengku Datuk Seri Zafrul Tengku Abdul Aziz (File pix) KUALA LUMPUR, Aug 12 (Bernama) – The stellar gross domestic product (GDP) growth of 8.9 per cent in the second quarter (Q2 2022), which brought GDP growth in the first half of the year (H1 2022) to...
Tengku Datuk Seri Zafrul Tengku Abdul Aziz (File pix) KUALA LUMPUR, Aug 12 (Bernama) – The stellar gross domestic product (GDP) growth of 8.9 per cent in the second quarter (Q2 2022), which brought GDP growth in the first half of the year (H1 2022) to...
KUALA LUMPUR, Nov 15 – State governments will receive the distribution of the federal government’s revenue provided there is any increase in the revenue collected, Deputy Finance Minister II Yamani Hafez Musa said.
KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.
is projected to generate an additional revenue of RM38 million annually starting from 2026, said the Ministry of Finance (MOF).
future, we must recognise the importance of our retirees and their contribution to a productive economy. In this context, the MOF is looking to develop the right policies and structural reforms in the future to ensure the independence of the ageing...
KUALA LUMPUR, Sept 5 (Bernama) – The sixth day of the implementation of Sumbangan Asas Rahmah (SARA) Appreciation Aid programme progressed smoothly, with sales reaching RM107.1 million involving 1.7 million recipients as of 9:30 pm tonight.
to invest RM120 billion in domestic direct investments (DDI) over the next five years, according to the Ministry of Finance (MOF).
affects discretionary services activities and business-to-business (B2B) activities, according to the Ministry of Finance (MOF).
not done discreetly, with the exemption aimed at maintaining local industry competitiveness, says the Ministry of Finance (MOF).
PUTRAJAYA, Nov 23 (Bernama) – The Employees Provident Fund’s shariah savings assets will be completely separated from conventional savings assets effective Jan 1, 2024.
KUALA LUMPUR, Sept 8 (Bernama) -- The Senate today passed the Government Procurement Bill 2025 which aims to provide for the duties, accountability, governance and transparency in government procurement.
initiative, which was launched today, to help the business sector bounce back is a testament to the Ministry of Finance's (MoF) response in ensuring the economy remains resilient in the medium and long term.
SEREMBAN, Sept 11 – The Ministry of Finance (MoF) has urged self-employed workers who do not have a fixed income to take the opportunity to participate in the Employees Provident Fund’s (EPF) i-Saraan scheme initiated by the government to ensure they...
in the third quarter of 2022, driven by encouraging progress in external trade and tourism. We at the Government and in MOF acknowledge the challenges which this industry is facing, particularly in terms of business expansion and retention, as well as...
PUTRAJAYA, Sept 3 (Bernama) – The government will establish a Secretariat for the Rationalization of Federal Statutory Bodies to address the issue of duplication of functions and save national funds.
PUTRAJAYA, Sept 2 (Bernama) – The Ministry of Finance (MOF) has assured that continuous improvements are being made to the Sumbangan Asas Rahmah (SARA) system to handle rising user traffic, particularly during long weekends and in the lead-up to the...
KUALA LUMPUR, Sept 7 (Bernama) -- The government will not compromise with any party that tries to undermine the benefits that the public is supposed to enjoy through the implementation of the Sumbangan Asas Rahmah (SARA) Appreciation Aid.
KUALA LUMPUR, Sept 1 (Bernama) – Transactions under the Sumbangan Asas Rahmah (SARA) aid programme hit RM110 million in just two days, with more with more than 1.7 million recipients making purchases nationwide.
KUALA LUMPUR, Sept 4 (Bernama) – The implementation of the Sumbangan Asas Rahmah (SARA) will not only ease people’s burden, but will also be a catalyst for domestic economic activity with benefits flowing to small retailers and local suppliers.
KUALA LUMPUR, Sept 3 (Bernama) – The implementation of the Sumbangan Asas Rahmah (SARA) Appreciation Credit which entered its fourth day today is running smoothly, with a record RM117.1 million in sales involving 1.8 million recipients nationwide.
PUTRAJAYA, Sept 4 (Bernama) -- The Sumbangan Asas Rahmah (SARA) Appreciation Aid programme ran smoothly on its fifth day today, recording sales of RM106.1 million involving 1.7 million recipients as of 9.30 pm.
processing capacity over the past six days have contributed to the system's stability, which was achieved today,” the MOF said in a statement today. Since its launch on Aug 31, over 10 million citizens have used their SARA Appreciation and monthly SARA...
PUTRAJAYA, June 9 (Bernama) -- The government will implement a targeted revision of the Sales Tax rates and expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and...
effect on Jan 1, 2024, is aimed at levelling the playing field for local businesses, according to the Ministry of Finance (MoF).
media queries received on the implementation of the sales tax on imported low-value goods (LVG), the Ministry of Finance (MoF) would like to clarify the following: In general, sales tax is applied on goods sold in Malaysia and are paid for by the...
confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF).
KUALA LUMPUR, Dec 3 (Bernama) - The retail price of RON97 and unsubsidised RON95 petrol nationwide will increase by three sen per litre to RM3.29 and RM2.66 per litre respectively, from Dec 4 to 10.
KUALA LUMPUR, Dec 10 (Bernama) - The retail prices of RON97 and unsubsidised RON95 petrol nationwide will decrease by two sen per litre to RM3.27 and RM2.64 per litre respectively from Dec 11 to 17.
KUALA LUMPUR, March 19 (Bernama) – The retail prices of RON97 and RON95 petrol will remain unchanged at RM3.28 and RM2.05 per litre respectively, while diesel in Peninsular Malaysia will reduce by three sen to RM3.03 per litre, from tomorrow until...
KUALA LUMPUR, Sept 3 (Bernama) – The retail prices of RON95, RON97 and diesel will remain unchanged for the period of Sept 4 to 10.
KUALA LUMPUR, July 2 (Bernama) -- The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by three sen, now set at RM3.18 and RM2.85 per litre respectively, for July 3 to 9.
KUALA LUMPUR, Aug 13 (Bernama) -- The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by four sen, now set at RM3.13 and RM2.90 per litre respectively, for Aug 14 to 20.
KUALA LUMPUR, May 7 (Bernama) – The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by eight sen, now set at RM3.10 and RM2.80 per litre, respectively, for May 8-14.
KUALA LUMPUR, April 16 (Bernama) -- The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by 10 sen, now set at RM3.18 and RM2.88 per litre, respectively, for April 17 to 23.
KUALA LUMPUR, May 14 (Bernama) -- The retail prices of RON97 petrol and diesel in Peninsular Malaysia will drop by three sen, to RM3.07 and RM2.77 per litre respectively, from May 15 to 21.
KUALA LUMPUR, March 5 (Bernama) -- The retail prices of RON97 petrol and diesel in Peninsular Malaysia will be reduced by five sen each to RM3.38 and RM3.13 per litre respectively for the March 6-12 period.
of RON97 will increase by two sen per litre, to RM3.08, from tomorrow until Nov 17, according to the Ministry of Finance (MOF) today.
KUALA LUMPUR, June 30 – The retail prices of RON95 petrol and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively for the period of July 1 to 7.
KUALA LUMPUR, May 31 (Bernama) – The retail price of RON97 increased by two sen per litre from RM3.35 to RM3.37 for the period June 1 to 7.
of RON97 petrol will increase one sen from RM2.99 to RM3.00 per litre for the period of Dec 16 to 22, the Finance Ministry (MoF) said today.
of RON97 petrol will increase by one sen per litre to RM2.77 from tomorrow (Oct 7) until Oct 13, the Ministry of Finance (MoF) said today.
KUALA LUMPUR, April 27 (Bernama) – The retail price of RON97 petrol will increase by 13 sen from RM3.81 to RM3.94 per litre for the week beginning April 28 to May 4.
of RON97 petrol will increase by 10 sen per litre to RM2.87 from tomorrow (Oct 14) until Oct 20, the Ministry of Finance (MoF) said today.
KUALA LUMPUR, June 18 (Bernama) – The retail price of RON97 petrol will increase by seven sen per litre, from RM3.07 to RM3.14, for the period from June 19 to 25, while that of RON95 remains unchanged at RM2.05 per litre.
petrol will increase by nine sen per litre, to RM3.06, from tomorrow (Nov 4) to Nov 10, according to the Ministry of Finance (MOF) today.
KUALA LUMPUR, July 30 (Bernama) – The retail price of RON97 petrol has been reduced by four sen to RM3.17 per litre for the period July 31 to Aug 6.
KUALA LUMPUR, March 12 (Bernama) -- The retail price of RON97 petrol will drop by 10 sen, to RM3.28 per litre, while diesel in the Peninsula will decrease by seven sen, to RM3.06 per litre, from tomorrow until March 19.
KUALA LUMPUR, Sept 14 (Bernama) -- The retail price of RON97 petrol will drop by ve sen from RM4.20 to RM4.15 per litre while prices of RON95 and diesel will remain unchanged for the week from Sept 15 to 21.
KUALA LUMPUR, Sept 7 (Bernama) -- The retail price of RON97 petrol will drop by 10 sen from RM4.30 to RM4.20 per litre while those of RON95 and diesel will remain unchanged for the week from Sept 8-14. The Ministry of Finance, in a statement today,...
of RON97 petrol will drop three sen per litre from RM3.02 to RM2.99 for the period of Dec 9 to 15, the Finance Ministry (MoF) said today.
KUALA LUMPUR, July 9 (Bernama) -- The retail prices of RON97 and RON95 petrol remain unchanged at RM3.18 and RM2.05 per litre respectively for the period July 10 to 16.
KUALA LUMPUR, April 9 (Bernama) -- The retail price of RON97 petrol will drop by 5 sen to RM3.28 per litre while diesel in Peninsular Malaysia will also be five sen cheaper at RM2.98 per litre from tomorrow until April 16.
KUALA LUMPUR, Jan 15 – The retail prices of RON95 and RON97 petrol will rise five sen a litre each while the retail price of diesel up by three sen per litre for a period of one week starting midnight until Jan 22.
KUALA LUMPUR, Jan 29 (Bernama) – The retail price of diesel in Peninsular Malaysia will increase by five sen per litre, from RM3.13 to RM3.18 per litre, from Jan 30 to Feb 5, while in Sabah, Sarawak, and Labuan, the price remains at RM2.15 per litre.
KUALA LUMPUR, Jan 1 – The retail prices of RON95 and RON 97 petrol rose four sen a litre each while the retail price of diesel rose three sen per litre for a period of one week starting at midnight until Jan 8.
KUALA LUMPUR, July 24 – The retail prices of RON95 and RON97 petrol will go down by four sen to RM1.68 and RM1.98 per litre respectively while that of diesel will drop five sen to RM1.82 per litre for the one-week period from midnight tonight.
KUALA LUMPUR, Dec 25 (Bernama) – The price of a litre of RON95 petrol will remain unchanged at RM2.05, while the retail price of RON97 will increase by three sen from RM3.22 per litre to RM3.25 per litre from tomorrow (Dec 26) to Jan 1, 2025.
KUALA LUMPUR, June 25 (Bernama) – The retail price of RON95 petrol remains unchanged at RM2.05 per litre, while that of RON97 increases by seven sen, from RM3.14 to RM3.21 per litre, for the period from June 26 to July 2.
KUALA LUMPUR, Nov 3 (Bernama) – The government is taking a longer time to implement the RON95 fuel subsidy rationalisation compared to other subsidies to ensure that the implementation is carried out carefully and does not negatively affect the people.
KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Jan 15 (Bernama) – The retail price of RON95 will remain unchanged at RM2.05 per litre, while the price of RON97 will increase by five sen, from RM3.33 to RM3.38 per litre, from Jan 16 to 22.
petrol and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively until Sept 29, the Ministry of Finance (MoF) said today.
petrol and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively until Oct 6, the Ministry of Finance (MoF) said today.
per litre from June 5 to 11, 2025, in line with the drop in global oil market prices, according to the Ministry of Finance (MOF).
allocated under Budget 2023 is not just for contractors or the rich as claimed by some parties, said the Ministry of Finance (MoF). The MoF reiterated that the allocation is for various infrastructure development projects as well as national...
SEMPORNA, July 26 (Bernama) – The Ministry of Finance (MOF) has disbursed a total of RM52.7 million to 46,568 recipients of the Sumbangan Tunai Rahmah (STR) initiative, who do not have bank accounts, through a series of nationwide distribution...
KUALA LUMPUR, Feb 15 – The Semarak Niaga programme with a value of RM40 billion is provided to restore the capability and ensure the viability of the business sector, particularly during the post-pandemic period, said Finance Minister Tengku Datuk Seri...
Reform Programme (GEAR-uP) as of June 30, 2025, less than a year since the initiative spearheaded by the Ministry of Finance (MOF) was launched.
KUALA LUMPUR, Aug 31 (Bernama) – About 850,000 Malaysians spent more than RM50 million on the first day of the RM100 Sumbangan Asas Rahmah (SARA) one-off aid rollout, as of 9.30 pm tonight.
Summary: Registration for the eMADANI e-wallet credit will open from 4 December 2023 to 20 February 2024, with the e-wallet credit available to be used by 29 February 2024. 10 million Malaysian citizens aged 21 years and above, and are either STR...
The ringgit have strengthened by 2.8 per cent against the US dollar as of Nov 22, 2024, according to the Ministry of Finance (MoF).
KUALA LUMPUR, April 23 (Bernama) – The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties.
– The depreciation of the ringgit is more driven by the global phenomena and market influences, the Ministry of Finance (MOF) said.
Since the announcement on 9 June 2025 regarding the revision of the Sales Tax and Service Tax (SST), the MADANI Government has closely followed feedback received from the rakyat and engaged industry on the proposed expansion of the SST. In addition,...
BANGI, July 17 – The review of Lembaga Tabung Haji’s (TH) operating model aims to ensure that issues of governance, integrity and reputation are improved in the future, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.
KUALA LUMPUR, April 20 (Bernama) – The retail prices for RON97 and RON95 petrol and diesel will remain unchanged from tomorrow until April 27.
KUALA LUMPUR, Nov 26 (Bernama) - The retail prices of RON97 and non-subsidised RON95 will be reduced by 2 sen to RM3.26 and RM2.63 per litre respectively, from Nov 27 to Dec 3.
KUALA LUMPUR, Sept 18 (Bernama) – The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by six sen, to RM3.19 and RM2.95 per litre respectively, from tomorrow until Sept 25.
KUALA LUMPUR, July 23 (Bernama) – The retail prices of RON95 and RON97 petrol will remain unchanged at RM2.05 and RM3.21 per litre, respectively, for the period of July 24 to 30.
KUALA LUMPUR, May 4 (Bernama) – The retail prices of diesel, RON95 and RON97 petrol will remain unchanged at RM2.15, RM2.05 and RM3.94 per litre respectively from tomorrow (May 5) to May 11.
KUALA LUMPUR, Nov 12 (Bernama) – The unsubsidised retail prices of RON97 and RON95 petrol nationwide have been set at RM3.25 per litre and RM2.65 per litre, respectively, for the period of November 13 to 19.
KUALA LUMPUR, May 21 (Bernama) – The retail price of RON95 petrol will remain at RM2.05 per litre, while RON97 will increase by three sen to RM3.10 per litre from RM3.07 per litre for the period of May 22 to May 28.
of non-subsidised RON95 petrol has been set at RM2.60 per litre for the period from Sept 30 to Oct 8, the Finance Ministry (MOF) announced today.
KUALA LUMPUR, April 10 (Bernama) – Eligible youths aged 18 to 20 and full-time students at local institutions of higher learning (IPT) can register to receive RM150 in the form of e-cash credit under the ePemula programme, starting tomorrow.
Youths aged 18 to 20 or full-time students at institutions of higher education (IPT) can register to receive RM200 for the e-Tunai Belia Rahmah programme from 8am on Monday (June 26), said the Finance Ministry. PUTRAJAYA: Youths aged 18 to 20 or...
tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).
KUALA LUMPUR, Sept 2 – Malaysia can’t afford a cut in corporate tax, which is currently at 24 per cent, unless the country’s tax base is broadened and the country maintains a stronger than average growth trajectory, Finance Minister Tengku Datuk Seri...
KUALA LUMPUR, Oct 23 – The reappointment to lead the same portfolio has to some extent given continuity to the policies that have been carried out over the past 18 months, said Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
TWENTY twenty was truly exceptional. What many envisioned as the year of transformation for Malaysia unfolded into an annus horribilis of economic contraction, exposed systemic issues and the vulnerable made more fragile by the Covid-19 pandemic.
KUALA LUMPUR, Sept 19 – The government's proposal to raise the ceiling cap for the COVID-19 Fund and the statutory debt limit is aimed at supporting the people and businesses during the reopening of the economy.
KUALA LUMPUR, Sept 3 – As part of its efforts to improve the annual budget preparation process, the Ministry of Finance (MOF) has agreed to publish four public consultation papers (PCPs) and invite the public to share their ideas for Budget 2022,...
to improve the transparency and inclusivity of the nation’s annual budget preparation process, the Ministry of Finance (MOF) has published four Public Consultation Papers (PCP) to complement the Pre-Budget Statement issued on 31 August 2021.
KUALA LUMPUR, Oct 10 (Bernama) – The Public Finance and Fiscal Responsibility Bill 2023 (RUU KATF 2023) is expected to improve the legal framework for public finance and complement the Financial Procedure Act 1957 (ATK 1957).
KUALA LUMPUR, Oct 11 – The Ministry of Finance (MoF) has tabled the Temporary Measures for Government Financing [Coronavirus Disease 2019 (Covid-19)] (Amendment) Act 2021 for the second reading in the Dewan Rakyat today.
with more than 89,000 transactions worth RM42.31 billion compared to the same period last year, said the Ministry of Finance (MoF).
The Ministry of Finance (MOF) today announced details of the Program Bantuan Subsidi MADANI or BUDI MADANI for eligible individuals owning diesel vehicles, as well as agriculture and commodity smallholders.
policy outlines the information we gather and steps we take to safeguard it when you visit Ministry of Finance website at www.mof.gov.my. Data Security All personal data delivered will be protected and kept by using suitable security technology....
KUALA LUMPUR, Aug 6 (Bernama) -- The retail price of RON97 petrol will remain at RM3.17 per litre for the period of Aug 7 to Aug 13.
KUALA LUMPUR, Aug 11 – The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM2.74, RM2.05 and RM2.15 per litre respectively from Aug 12 to 18.
KUALA LUMPUR, April 13 (Bernama) – The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged for the period of April 14 to 20.
KUALA LUMPUR, Aug 28 (Bernama) -- The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop five sen to RM3.42 and RM3.18 per litre respectively, from tomorrow until Sept 4.
KUALA LUMPUR, Aug 28 (Bernama) -- The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop five sen to RM3.42 and RM3.18 per litre respectively, from tomorrow until Sept 4.
KUALA LUMPUR, Sept 4 (Bernama) – The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by two sen, to RM3.40 and RM3.16 per litre respectively, from tomorrow until Sept 11.
KUALA LUMPUR, Sept 11 (Bernama) -- The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by 15 sen, to RM3.25 and RM3.01 per litre respectively, from tomorrow until Sept 18.
KUALA LUMPUR, Oct 18 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the Oct 19 to 25 period.
KUALA LUMPUR, Nov 1 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the Nov 2 to 8 period.
remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the Oct 26 to Nov 1 period. The Finance Ministry (MOF) in a statement today said the price is based on the weekly retail prices of petroleum products in accordance with the...
KUALA LUMPUR, March 15 (Bernama) -- The retail prices of RON97, RON95 petrol and diesel will remain unchanged for the week from March 16 to 22.
prices of RON97 and RON95 petrol and diesel will remain unchanged for the week from March 9 to 15. The Finance Ministry (MOF), in a statement today, said the price of RON97 would remain at RM3.35 per litre, RON95 (RM2.05) and diesel (RM2.15). “To...
KUALA LUMPUR, Jan 11 (Bernama) -- The retail prices of RON97 and RON95 petrol, and diesel will remain unchanged for the period from Jan 12 to 18. The Finance Ministry, in a statement today, said RON97 remains at RM3.35 per litre, RON95 (RM2.05) and...
KUALA LUMPUR, Jan 18 (Bernama) – The retail prices of RON97 and RON95 petrol, and diesel will remain unchanged for the period from Jan 19 to 25.
KUALA LUMPUR, Nov 2 (Bernama) – The retail prices of petroleum products will remain unchanged for the period Nov 3 to Nov 9, 2022.
KUALA LUMPUR, March 29 (Bernama) – The retail prices of RON97 and RON95 petrol and diesel remain unchanged for the week from March 30 to April 5.
KUALA LUMPUR, Oct 19 (Bernama) – The retail price of RON95 and RON97 petrol and diesel will remain unchanged for the week from Oct 20 to Oct 26.
KUALA LUMPUR, 9 Nov (Bernama) – The retail prices of RON95 and RON97 petrol and diesel will remain unchanged for the week from Nov 10 to Nov 16.
retail prices of RON95 and RON97 petrol and diesel remain unchanged for the week from Nov 24 to 30. The Ministry of Finance (MOF), in a statement today, said the retail price of RON97, RON95 and diesel would remain at RM3.95, RM2.05 and RM2.15 per...
KUALA LUMPUR, Aug 21 (Bernama) – The retail price of RON95 and RON97 will remain at RM2.05 and RM3.47 per litre, while the price for diesel in Peninsular Malaysia drops by two sen per litre from RM3.25 to RM3.23, beginning Aug 22 to 28.
KUALA LUMPUR, July 28 – The retail price of RON95 and diesel will remain at RM2.05 and RM2.15 per litre, while the price for RON97 petrol will go up by one sen per litre from RM2.73 to RM2.74 starting July 29 until Aug 4.
KUALA LUMPUR, Jan 8 (Bernama) -- The retail price of RON95 will remain unchanged at RM2.05 per litre, while the price of RON97 will increase by five sen from RM3.28 to RM3.33 per litre from Jan 9 to 15.
KUALA LUMPUR, Jan 22 (Bernama) -- The retail price of RON95 will remain unchanged at RM2.05 per litre, while the price of RON97 will increase by five sen from RM3.38 to RM3.43 per litre from Jan 23 to 29.
KUALA LUMPUR, Jan 1 (Bernama) – The price of RON95 petrol will remain unchanged at RM2.05 in Peninsular Malaysia, Sabah, Sarawak and Labuan while the retail price of RON97 will increase by three sen from RM3.25 per litre to RM3.28 per litre from...
KUALA LUMPUR, Sept 17 (Bernama) – The retail price of RON95 will remain unchanged at RM2.05 per litre, while RON97 will increase by three sen from RM3.18 to RM3.21 per litre for the period of September 18-24.
The Ministry of Finance (MOF) today issued its Pre-Budget Statement (PBS) in relation to Budget 2025 that will be tabled in Parliament on 18 October 2024.
1. INTRODUCTION Budget 2026 will be the fourth in the series of MADANI Budget, designed to advance the vision of Ekonomi MADANI: restoring fiscal resilience, strengthening economic foundations and uplifting the dignity and livelihoods of the rakyat. As...
1. INTRODUCTION Budget 2026 will be the fourth in the series of MADANI Budget, designed to advance the vision of Ekonomi MADANI: restoring fiscal resilience, strengthening economic foundations and uplifting the dignity and livelihoods of the rakyat. As...
INTRODUCTION 1. The Ekonomi MADANI framework, launched on 27 July 2023, sets out the Government’s medium-term economic priorities to restructure Malaysia’s economy towards higher value-added activities as well as greater competitiveness and...
NILAI, Aug 24 (Bernama) -- ‘Portal Manfaat’, an initiative by the Finance Ministry, to make it easier for the public to access various government assistance schemes, is now being actively promoted to ensure aid reaches those who need it most.
KUALA LUMPUR, Sept 27 (Bernama) -- The Ministry of Finance (MOF) will focus more on micro, small and medium enterprises (PMKS) in Budget 2024 to empower the sector, so that it can compete in the new economy to drive the country’s economic growth.
KUALA LUMPUR, Jan 14 – The Prime Minister’s Department (Religious Affairs) and Finance Ministry today held a discussion on several improvements to be made in the governance of Lembaga Tabung Haji (TH), including the implementation of its new operating...
LUMPUR, Dec 5 (Bernama) – Budget 2023 will be reviewed and modified, taking into account the views of the Finance Ministry (MoF) and newly appointed Unity Government Cabinet, said Prime Minister Datuk Seri Anwar Ibrahim.
Datuk Seri Anwar Ibrahim PUTRAJAYA, Jan 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their...
KUALA LUMPUR, Feb 20 – Government agencies, the private sector, non-governmental organisations (NGOs), government-linked companies (GLCs), and government-linked investment companies (GLICs) have been urged to collaborate to help execute the...
May 17 (Bernama) – Datuk Seri Ismail Sabri Yaakob today attended Aidilfitri open houses hosted by the Ministry of Finance (MOF) and the Ministry of Health (MOH) here.
PUTRAJAYA, March 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim wants the Ministry of Finance (MoF) to uplift its dignity and be feared for its strict principles of governance.
PUTRAJAYA, April 4 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has instructed all ministries and departments to get ready with the infrastructure and human resource skills to receive increasing foreign investments into the country.
PUTRAJAYA, Dec 6 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim today officially began his duties as Finance Minister.
PUTRAJAYA, March 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today chaired the annual meeting of the National Financial Council 2025.
PUTRAJAYA, May 15 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim today attended the Finance Ministry (MOF) Hari Raya Aidilfitri celebration here.
KUALA LUMPUR, June 19 (Bernama) – Reducing stamp duty rate for shares traded on Bursa Malaysia Securities, promoting corporate ventures and easing the listing process were among the measures announced by Prime Minister Datuk Seri Anwar Ibrahim today to...
will be credited in stages into the accounts of the registered recipients from April 5, according to the Ministry of Finance (MOF).
Cash Aid (STR 3) for the B40 group recipients will be disbursed in stages beginning June 26, said the Ministry of Finance (MoF).
KUALA LUMPUR, May 15 (Bernama) – The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the May 16 to 22 period.
KUALA LUMPUR, May 29 (Bernama) – The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the May 30 to June 5 period.
KUALA LUMPUR, June 19 (Bernama) – The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM3.35 per litre, respectively, for the June 20 to 26 period.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the June 29 to July 5 period, the Ministry of Finance (MOF) said.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the July 13 to July 19 period, the Ministry of Finance (MOF) said.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the July 6 to July 12 period, the Ministry of Finance (MOF) said.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the week from May 4 to 10. The Ministry of Finance (MOF), in a statement today said that RON97 remains at RM3.35 per litre, RON95 (RM2.05 per litre) and diesel (RM2.15 per litre). “To...
prices of RON97 and RON95 petrol as well as diesel will be unchanged for the May 25 to 31 period, the Finance Ministry (MOF) said.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the period of May 18 to 24, the Finance Ministry (MOF) said today.
of RON97 and RON95 petrol as well as diesel will remain unchanged for the week from May 11 to 17. The Ministry of Finance (MOF), in a statement today said that RON97 remains at RM3.35 per litre, RON95 (RM2.05 per litre) and diesel (RM2.15 per litre).
of RON97 and RON95 petrol as well as diesel will remain unchanged for the week from March 23 to 29. The Finance Ministry (MOF), in a statement today, said RON97 would remain at RM3.35 per litre, RON95 at RM2.05 and diesel at RM2.15. “To protect...
KUALA LUMPUR, June 7 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the week starting June 8 to 14.
prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the June 22-28 period, the Ministry of Finance (MOF) said.
KUALA LUMPUR, June 14 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the week starting June 15 to 21.
KUALA LUMPUR, April 5 (Bernama) – The retail prices of RON97, RON95 petrol as well as diesel will remain unchanged for the week from April 6 to 12.
prices of RON97 and RON95 petrol and diesel will remain unchanged for the week from April 13 to 19. The Ministry of Finance (MOF), in a statement on Wednesday, said that RON97 remains at RM3.35 per litre, RON95 (RM2.05) and diesel (RM2.15). “To protect...
KUALA LUMPUR, Jan 25 (Bernama) -- The retail prices of RON97 and RON95 petrol, and diesel, will remain unchanged for the period from Jan 26 to Feb 1. The Finance Ministry, in a statement today, said RON97 remains at RM3.35 per litre, RON95 (RM2.05) and...
KUALA LUMPUR, June 5 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre, respectively, from Thursday (June 6) until June 12.
KUALA LUMPUR, April 3 (Bernama) – The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively from tomorrow (April 4) until April 10.
KUALA LUMPUR, April 10 (Bernama) – The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the April 11 to 17 period.
KUALA LUMPUR, Jan 22 – The retail prices of RON95 and RON97 petrol will be higher by one sen per litre, respectively, and the retail price of diesel will be higher by four sen per litre for the week beginning after midnight tonight.
price of diesel in Sabah, Sarawak, and Labuan remains at RM2.15 per litre, from June 27 to July 3. The Ministry of Finance (MOF) in a statement today said that the rates were set based on the pricing of petroleum products using the Automatic Pricing...
Starting 1 September 2025, recipients of Sumbangan Tunai Rahmah (STR) can claim a RM30 voucher, subsidised by the MADANI Government, to help finance part of the cost of affordable insurance and takaful products with an annual premium or contribution of...
aid of RM350 even though the matter was not mentioned during the tabling of the 2023 Budget last Friday. Ministry of Finance (MOF) in a statement today said that the payment of the RM350 financial assistance would be made in January 2023. “While the...
KUALA LUMPUR, Aug 27 – The Ministry of Finance Incorporated (MoF Inc) set up Penjana Kapital Sdn Bhd to ensure that Penjana Nasional Fund (PNF) is effectively managed.
PUTRAJAYA, April 1 (Bernama) – Payments for Phase 2 of the Sumbangan Tunai Rahmah (STR) to 8.4 million recipients will begin on Wednesday (April 3).
KUALA LUMPUR, Jan 26 (Bernama) -- Payment for Phase 1 of the Sumbangan Tunai Rahmah (STR) to 8.2 million recipients will begin next Monday (Jan 29).
April 4 (Bernama) – Parliament today approved a motion by the government, through the Minister of Finance (Incorporated) (MoF Inc), to convert the remaining government loan in UDA Holdings Bhd (UDA) into equity investment (share capital).
KUALA LUMPUR, Aug 4 (Bernama) – The Ministry of Finance (MOF) will fully utilise data from the Central Database Hub (PADU) in the mechanism for the implementation of targeted RON95 subsidies, which is being refined, according to Finance Minister II...
and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.
premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).
PUTRAJAYA, Oct 7 (Bernama) – The government today announced the expansion of eligibility under the BUDI MADANI RON95 (BUDI95) targeted subsidy system to three new groups, benefitting more than 31,000 people nationwide.
KUALA LUMPUR, June 6 (Bernama) – More than 30,000 applicants, farmers and small-scale commodity growers have been approved to receive cash subsidy assistance under the BUDI MADANI initiative, as of today.
KUALA LUMPUR, March 27 (Bernama) – The Dewan Negara was today told that there are 227,000 contributors of the Employees' Provident Fund (EPF) who have a basic savings of at least RM240,000 in Account 1 by the age of 55, as of February.
PUTRAJAYA, Jan 15 (Bernama) – A total of 138,817,425 cashless transactions have been recorded through the National Cashless Boleh 4.0 Campaign, which runs from Dec 1, 2023 to Nov 30, 2024.
SHAH ALAM, Jan 31 (Bernama) – The implementation of an open tender policy would lead to cost reduction for the government while boosting national income, said Deputy Finance Minister Datuk Seri Ahmad Maslan.
KUALA LUMPUR, Oct 12 (Bernama) -- The Ministry of Finance (MOF) today clarified that the one per cent quota for persons with disabilities (PwD) allocated under the Malaysia Short-term Employment Programme (MySTEP) initiative will still be in force...
KUALA LUMPUR, April 4 (Bernama) – The government has agreed for the on-call allowance to be extended to medical officers at six health clinics involved in the pilot project to tackle the overcrowding issue in hospitals.
influences. However, what is more important is to recognise how Malaysia has a diversified economic base. Moving forward, MOF will also be looking at structural reforms to ensure better diversification in Malaysia’s economy, apart from undertaking the...
(RMCO) period, and the trend is expected to continue in the coming months, according to the Ministry of Finance Ministry (MOF).
KUALA LUMPUR, July 24 (Bernama) – The Ministry of Finance (MOF) has stated that no application is required for the ‘Sumbangan Asas Rahmah’ (SARA) assistance and emphasised that the circulating message about "SARA for all" assistance is false.
KUALA LUMPUR, May 6 – No additional interest/profit charges will be imposed on borrowers with hire purchase loans or financing during the six-month moratorium period, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made...
Ministry of Finance (MoF) KUALA LUMPUR, Sept 11 (Bernama) – The Ministry of Finance (MoF), the Ministry of Science, Technology and Innovation as well as stakeholders have identified the importance of marketing local research and development (R&D)...
advisory services, since it began operations on Oct 12, 2022 through to August 2024, according to the Ministry of Finance (MoF).
the Malaysia growth story is our government linked investment companies (GLICs) and government linked companies (GLCs). The MOF has tasked both GLICs and GLCs to play a catalytic role in jumpstarting the process of economic reform and restructuring....
KUALA LUMPUR, Aug 19 (Bernama) -- The country's financial management must be carried out prudently and with discipline, in line with the spirit of the Public Finance and Fiscal Responsibility Act 2023 (FRA), said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, April 14 (Bernama) – Internal stability and strength are crucial foundations for Malaysia to play a meaningful role at the regional and international levels, including within the ASEAN cooperation framework, Prime Minister Datuk Seri Anwar...
As part of the effort to improve the annual budget preparation process, the Ministry of Finance (MOF) has agreed to publish a Pre-Budget Statement (PBS) for Budget 2022. This PBS is the first in the nation’s history.
KUALA LUMPUR, April 14 (Bernama) -- Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz and Health Minister Khairy Jamaluddin provided their statements in the MySejahtera Application Development and Procurement proceedings to the Public Accounts...
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