PONTIAN, Dec 8 (Bernama) -- The Ministry of Finance (MoF) is considering the appeals of individuals whose eMADANI e-wallet credit applications were rejected, but are eligible according to the conditions set. Deputy Finance Minister, Datuk Seri Ahmad...
KUALA LUMPUR, July 9 – The Ministry of Finance (MoF) has confirmed that a writ and statement of claim have been filed against 44 individual partners of Malaysian accounting firm KPMG PLT on July 6, 2021. An MoF spokesperson said the plaintiffs were the...
PUTRAJAYA, Dec 6 (Bernama) – The Finance Ministry (MOF) is still waiting for the official report from the authorities about the cause of the fire in the rubbish room that occurred at 2.26 pm today. MOF confirmed that a small fire broke out in the...
KUALA LUMPUR, Aug 3 (Bernama) – The Ministry of Finance (MoF) is confident that the Retirement Fund (Incorporated) (KWAP) which launched the TERAS 5 initiative today can sustainably grow the size of its fund to a total gross fund of RM200 billion by...
KUALA LUMPUR, June 10 (Bernama) – The Ministry of Finance (MoF) is confident that both the public and private sectors will play their respective roles and contribute to the success of Malaysia’s sustainability efforts and goals moving forward. Finance...
KUALA LUMPUR, March 30 (Bernama) – The Ministry of Finance (MoF) is confident that the financial sector will contribute to the success of the nation’s sustainability journey, as the ministry and its agencies have paved the way for sustainable...
KUALA LUMPUR, Jan 26 – The Ministry of Finance (MoF) is confident that the Royal Malaysian Customs Department will be able to achieve its target of collecting between RM1 billion and RM2 billion under the VA Programme from early this year until Sept...
Photo: Christophe Gateau/dpa KUALA LUMPUR, July 18 (Bernama) -- The Ministry of Finance (MoF) is conducting a study to develop an initiative for the implementation of the Variation of Price (VOP) clause for items or construction materials in government...
to see for themselves whether the implementation of the project through the allocation channeled by the Ministry of Finance (MOF) to the other ministries met the purpose of the applications. "Yesterday, I had the opportunity to see the process of...
(12MP) by the YAB Prime Minister, Dato' Sri Ismail Sabri Yaakob in Parliament on 27 September 2021, the Ministry of Finance (MOF) is committed to provide adequate fiscal allocation to finance the development expenditure of the 12MP for the period 2021...
KUALA LUMPUR, March 15 (Bernama) – The Ministry of Finance (MoF), Bank Negara Malaysia (BNM) and the Securities Commission (SC) are spearheading collaborations with relevant agencies to formulate a comprehensive legal framework to regulate all consumer...
chains, were allowed to operate in accordance with the stipulated standard operating procedures. “The Finance Ministry (MOF) always listens and is ready to improve on specific initiatives, if necessary. “As such, with the implementation of multiple...
KUALA LUMPUR, Jan 18 – The Ministry of Finance has approved a special tax incentive to drive investment in Tok Bali, Kelantan as a new growth centre in the state, giving 100 per cent income tax exemption for 25 years and an extension of another five...
Following the announcement on Malaysia’s digital blueprint, MyDigital by the Prime Minister, YAB Tan Sri Muhyiddin Yassin on 18 February 2021, and the follow-up announcement by the Malaysian Communications and Multimedia Commission on 5G deployment in...
KUALA LUMPUR, Sept 20 (Bernama) – The Ministry of Finance (MOF) is analysing new proposals and suggestions from several parties for inclusion in Budget 2024 before it is tabled on Oct 13, 2023, said Deputy Finance Minister I Datuk Seri Ahmad Maslan. He...
KUALA LUMPUR, Feb 19 – The Ministry of Finance (MoF) has allocated RM1.7 billion for the Malaysia Short-term Employment Programme (MySTEP), with the target of creating 80,000 jobs this year. Minister Tengku Datuk Seri Zafrul Abdul Aziz said the jobs...
address the school dropout issue involving Malaysian students, the Ministry of Education (MOE) and the Ministry of Finance (MOF) will launch the Anak Kita programme this Friday. In a joint statement, MOE and MOF said that the programme focuses on...
KUALA LUMPUR, Sept 30 – The Ministry of Finance (MoF) and Bank Negara Malaysia (BNM), with the cooperation of banking institutions, are working towards expanding the mobile bank initiative, with the additional units expected to be operational from the...
Kementerian Kewangan Malaysia (MOF) dengan kerjasama Bank Negara Malaysia (BNM) hari ini menganjurkan Mesyuarat Pertama Jawatankuasa Kerja ASEAN+3 (1st ASEAN+3 Task Force Meeting) di Langkawi, Kedah. Mesyuarat ini dipengerusikan oleh Malaysia dan...
of up to 300 litres of RON95 petrol under the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, the Finance Ministry (MoF) said today. In a statement, MoF said e-hailing drivers are exempted from the eligible ceiling and may apply for additional...
SIRENS OF CHANGE Ladies and Gentlemen, So how do we mitigate these risks and challenges? I would like to stress that at the MOF, our policy response in 2022 is guided by the 3R approach: Responsive, Responsible and Reformist. Of course, all good...
as a stark reminder of the physical threat that climate change poses to our people’s lives and safety. This has strengthened MOF’s commitment to sustainable development and building resilience in order to create a stronger and more inclusive economy....
Foundation and the Trust Fund represents a collaboration between the Government of Malaysia through the Ministry of Finance (MOF) and the United Nations (UN) in Malaysia. This ground-breaking collaboration is an innovative model to support sustainable...
technology by focusing on the use of the latest technology. The programme, in collaboration with the Ministry of Finance (MoF), will be managed by the Malaysian Sport Aviation Federation (MSAF) and Futurise, a whollyowned subsidiary of Cyberview Sdn...
demand the Government decided to upsize the size to US$1.3 billion from US$1.0 billion initially, the Ministry of Finance (MoF) said in a statement here, today. It said both tranches have been assigned a rating of A3 by Moody's Investors Service and A-...
and five per cent in 2023 compared to the anticipated 6.5-7.0 per cent growth in 2022, according to the Finance Ministry (MoF). It said the gross domestic product (GDP) growth for 2023 is likely to be backed by strong fundamentals and diversified...
in the same period last year, indicating that fiscal consolidation remains on the right track. The Ministry of Finance (MoF) said the lower quarterly fiscal deficit was attributed to better revenue collection and expenditure optimisation in consonance...
would support the strengthening of the country’s fiscal position, he said. Meanwhile, he said the Ministry of Finance (MoF) also denied allegations by some irresponsible and malicious parties that Malaysia would go bankrupt like a country in South Asia...
countries step up their vaccination efforts. In the second Fiscal Policy Committee (FPC) meeting, the Ministry of Finance (MOF) said the continued implementation of economic and fiscal stimulus measures will also support Malaysia’s economic growth,...
uncertainties, outperforming several ASEAN countries, including Singapore and Thailand. According to the Finance Ministry (MoF), Malaysia’s gross domestic product (GDP) stood at 4.4 per cent during the quarter, supported by sustained domestic demand,...
KUALA LUMPUR, Jan 29 – The Finance Ministry (MoF) stressed that the banks involved in the issue of unsecured debts by Genting Hong Kong Ltd -- and the Malaysian banking sector as a whole -- are highly resilient in the face of various challenges of...
to offset the increase in the price of services and food,” Anwar said in a statement issued by the Ministry of Finance (MoF) today. He noted that Budget 2024 will effectively realise fiscal and economic reforms by the government by introducing more...
KUALA LUMPUR, March 15 (Bernama) – The Ministry of Finance (MoF) stressed that Malaysia will not experience an economic turmoil this year although the country is faced with global economic uncertainties. Deputy Finance Minister II Steven Sim Chee Keong...
4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today. Growth in 2026 would also be a good start for the first year of the 13th Malaysia Plan (13MP) as it would be driven...
Seri Ismail Sabri Yaakob in the second half of 2022, will serve to accelerate technology adoption, the Finance Ministry (MOF) said. “(This will, in turn,) help secure a more equitable, inclusive, and sustainable growth for Malaysia as the economy...
The Ministry of Finance (MOF) is pleased to announce that the Government has received from KPMG the sum of RM340.92 million (USD80 million) which was deposited into Malaysia’s Assets Recovery Trust Account. This follows the announcement on 16 September...
tomorrow. Finance Minister II Datuk Seri Amir Hamzah Azizan said the preparations not only involved the Ministry of Finance (MoF) and Bank Negara Malaysia (BNM), but also involved the cooperation of various parties including the state governments. “What...
Finance Minister II, Datuk Seri Amir Hamzah Azizan KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia stands ready for a new era of investment, supported by a clear vision for economic transformation and a commitment to attracting investments aligned with the...
Malaysia packages worth RM40 billion in Budget 2022. "I have gathered some new ideas that InsyaAllah will be shared with MoF (Ministry of Finance) staff for Budget 2023," he said.
that could attract more businesses and rejuvenate the economy. Meanwhile, Amir Hamzah said the Ministry of Finance (MoF) is currently collecting ideas and feedback from the rakyat and interest groups as part of its preparatory works for Budget 2025,...
to contribute towards SDG-related programmes and projects in Malaysia. According to Tengku Zafrul, the Ministry of Finance (MoF) is coordinating initiatives and programmes inculcating the elements of Environmental, Social and Governance (ESG) that have...
Sumbangan here today that the papers related to the bill are being prepared by the Tax Division of the Ministry of Finance (MoF) in collaboration with the Attorney General's Department. Asked about the response from multinational corporations (MNCs)...
the success to the collaborative efforts of several ministries and government agencies, such as the Ministry of Finance (MOF), the Ministry of Investment, Trade and Industry, the Ministry of Foreign Affairs, the Securities Commission and Bursa Malaysia....
development and the inflation rate in Malaysia which shows a declining trend and remains stable. The Ministry of Finance (MoF) said in a statement today that although the global economic outlook is affected by the risk of global growth slowing down, the...
during a working visit to Pulau Tuba and Selat today. For infrastructure upgrades on the islands, the Ministry of Finance (MOF) allocated RM2.5 million in 2024, implemented by the Langkawi Development Authority (LADA), covering 13 infrastructure and...
fiscal deficit to 5 per cent in 2023 from 5.6 per cent in 2022,” he said in a statement issued by the Ministry of Finance (MoF) today. MoF said the MADANI Economy framework underscores the importance of reforming Malaysia’s economy to not only address...
RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative. In a statement today, the Ministry of Finance (MOF) said that with the removal of blanket subsidies, the MADANI government projects that BUDI95 will generate annual savings...
expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF). It said existing homeowners with floating-rate loans will generally enjoy lower monthly instalment payments. This will also...
the future resilience of the nation, Treasury secretary-general Datuk Asri Hamidon said. He said the Ministry of Finance’s (MoF) commitment towards a more sustainable fiscal management is demonstrated by Budget 2022 which included several tax measures...
KUALA LUMPUR, June 11 (Bernama) -- The Ministry of Finance (MOF) has clarified that agricultural produce grown in Malaysia are not subject to sales tax under the expanded Sales and Service Tax (SST). The ministry noted that there have been news reports...
a reflection of what was signed based on the data (letter of awards, or LoAs signed) that we have in the Ministry of Finance (MOF), and it should not be an issue,” he told reporters after launching the Dana Penjana Nasional here today. Yesterday, MoF...
totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF). In a written parliamentary reply on Tuesday, the ministry stated that out of the total taxpayers involved, 1.07 million have...
a good idea is a good idea -- it should not matter who proposed it. “In fact, this is exactly what the Ministry of Finance (MoF) did during Budget 2021, when we incorporated various proposals – even from the Opposition parties – in the budget.” The...
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...
developing countries’ progress by at least a decade. And what about Malaysia? In the last two years, the Ministry of Finance (MOF) has been RESPONSIVE to the nation’s pressing needs, particularly through the eight stimulus packages valued at RM530...
PLC Transformation Programme is timely given the current operating landscape. Thematically, it complements the Government and MOF’s wider agenda of recovery and reform. Allow me to briefly touch on both these aspects and their developments this morning....
position as one of the world’s largest sukuk fund management centres. NEW VISION FOR LABUAN IBFC Ladies and Gentlemen, The MOF’s long-term goal is for Labuan IBFC to ride and adapt to changing market dynamics and financial developments around the world....
with one being ever closely linked to the other. It is my hope that the Government, through the Ministry of Finance (MoF), and all other Ministries and agencies, will equip Malaysia to accelerate the transition to a more sustainable economy. ESG...
assist the government in mainstreaming the sustainability agenda across as many sectors and industries as soon as possible. MOF has already begun budget-tagging specific measures to ensure that various ministries spend in accordance with our...
Labuan Financial Services Authority (Labuan FSA), an integrated regulator of the Labuan IBFC under the Ministry of Finance (MoF). To commemorate Labuan FSA's silver jubilee, Tengku Zafrul unveiled a diamond-cut 3D surface coin that depicts the island of...
Director General for a two-year term from May 1, 2025 to April 30, 2027. The appointment was made by the Ministry of Finance (MOF), Labuan FSA said in a statement on Thursday. Affendi brings over two decades of experience in financial sector...
duties on auditing of 1Malaysia Development Bhd (1MDB) accounts for the period of 2010 to 2012, the Ministry of Finance (MoF) said. The settlement with KPMG, valued at more than 800 times the audit fees earned by KPMG, represents one of the largest...
PETALING JAYA, April 14 (Bernama) – The Ministry of Housing and Local Government (KPKT) and the Ministry of Finance (MoF) today launched the i-Biaya initiative, as part of the government's efforts to facilitate housing loans to the M40 and B40...
Gateway Sdn Bhd, the principal operator of SBEZ, which is also a wholly-owned entity of the Minister of Finance Incorporated (MOF Inc). Tengku Zafrul said the development of property components in Kota Perdana SBEZ was part of the Finance Ministry's...
create 500,000 jobs this year. All these efforts were announced under the JanaKerja initiative in Budget 2021, for which the MOF has allocated RM3.7 billion. 9. So far, job creation efforts by both the NEC and MOHR have shown encouraging success rates....
in transitioning towards a more sustainable ASEAN. The Ministry of Environment and Water (KASA) and Ministry of Finance (MOF) welcome this regional initiative released in conjunction with the 26th United Nations Climate Change Conference of the Parties...
signing of the Johor-Singapore Special Economic Zone (JS-SEZ), the Johor State Government and the Ministry of Finance (MoF) would like to announce a tax incentive package for JS-SEZ. In a bid to foster economic growth and enhance the nation’s...
transparency, and drive Electronic Medical Records (EMR) interoperability. For more information about RESET and JBMKKS, visit mof.gov.my/en/reset or hq.moh.gov.my/reset_moh. Ministry of Finance Putrajaya 22 January 2026 Downloads: JBMKKS Press Release -...
& offline retailer is honoured to be selected as a partner for Belanjawan 2021, an initiative under the Ministry of Finance (MOF) and Malaysia Digital Economy Corporation (MDEC). The partnership was announced by the Government of Malaysia on 5th of July...
disclaimed Ranhill Utilities Bhd’s notification to Bursa Malaysia that the ministry and Minister of Finance (Incorporated) [MOF (Inc)] had issued an offer letter to the company to undertake due diligence on Indah Water Konsortium Sdn Bhd (IWK). In a...
the RM1.24 billion payment due to TRX City Sdn Bhd (TRXC), a wholly-owned subsidiary of the Minister of Finance Incorporated (MoF Inc) by IWH-CREC Sdn Bhd. In a statement today, IWH-CREC said the paid amount was under the revised share sale agreement...
through the introduction of a new provision under the amendments in the Finance Bill 2021, said the Finance Ministry (MoF) today. The ministry, in its 2023 Pre-Budget Statement, said the amendments empowered IRBM to request for a taxpayer’s bank account...
or 1.14 per cent higher than the target set at RM121.7 billion which is the third target review by the Finance Ministry (MOF)," he said at the opening speech of the 25th Revenue Day of the Inland Revenue Board virtually today. He said achieving the...
for two consecutive years to ensure the protection of the rubber smallholders’ welfare. According to the Ministry of Finance (MoF), as was announced in Budget 2024 in October 2023, the IPG activation price level has been raised to RM3 per kilogramme...
by the government have further strengthened investors’ confidence in Malaysia, according to the Ministry of Finance (MoF). In a post on MoF’s official social media site, 'X' today, the ministry highlighted several reforms implemented by the government,...
if not more, concerned about the underlying structural issues that have contributed to retirement fund inadequacy. 14. At the MOF’s level, we strive to expand social security protection in accordance with the UN Sustainable Development Goals for 2030....
allocation in capitation grants in 2026 reflects its current financial capacity, according to the Ministry of Finance (MOF). This represents an increase of 25 per cent, or RM109.2 million, compared to the existing allocation rate, it said. Capitation...
to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF). Deputy Finance Minister Lim Hui Ying said the aid, whose allocation has been increased to RM15 billion in 2026 from RM10...
1967 because digital currencies are classified as commodities that can be considered business income. The Finance Ministry (MoF) said this is in line with international tax practices and the Inland Revenue Board (IRB) of Malaysia has issued guidelines...
KUALA LUMPUR, Jan 18 – The government has improved the implementation of the Keluarga Malaysia Automotive Aid by allowing flood victims to make a cash claim if their vehicles had been repaired in a workshop that is not registered with the automotive...
of the portal to make it brighter or lighter for those who had blurry vision. You could find it at the bottom of the page (MOF Widgets). B. Text Resizer Resize the font size if you need it bigger or smaller to ease your reading. You could find it at the...
and you deserve a round of applause. Ladies and Gentlemen, Rebuilding Malaysia to be More Socially Resilient Part of MOF’s commitment to sustainable development and building resilience is to create a better, safer and more inclusive society for our...
receive the Sumbangan Asas Rahmah (SARa) of RM600 starting tomorrow to obtain their basic food needs. The Finance Ministry (MoF), in a statement today, said that the implementation of SARa for STR recipients in the Peninsula will be done in stages...
resilient economy. Mohd Khalid Mohamed Latiff, executive director of the MADANI Monitoring Unit at the Ministry of Finance (MOF), said these efforts by the government have begun to bear fruit. As such, he hopes that the Southern Zone 2024 MADANI Rakyat...
successfully resulted in the nation’s gross domestic product (GDP) growth of 16.1 per cent in Q2 2021. “The Finance Ministry (MoF) is confident that the MoU signed yesterday will continue to support economic recovery and the GDP growth projection of...
medium Enterprises (MSMEs),” he said when winding up the debate on the 13th Malaysia Plan (13MP) for the Ministry of Finance (MoF) in the Dewan Rakyat today. Amir Hamzah also stated that the improved growth prospects during the 13MP will be supported by...
as their business is run commercially, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. "The Ministry of Finance (MoF) does not involve in any bailout to help aviation companies but we will help the industry," he said on the sidelines of his...
phase, as outlined by the National Recovery Plan announced two days ago. “Following discussions at the Ministry of Finance (MoF) level, we are prepared to provide additional assistance in the near future. As soon as the details are finalised, MoF will...
be given to projects that provide immediate impact on the well-being of the people, according to the Ministry of Finance (MoF). In the Malaysia Treasury Circular - Guidelines on Public Expenditure Savings, the MoF said ministries, departments and...
on the Fiscal Responsibility Act framework to obtain input and views from all stakeholders, said the Ministry of Finance (MoF). In its Pre-Budget Statement for Budget 2022 released today, the ministry said the government has also undertaken a review of...
help the launch of the implementation of 5G network in Malaysia," he told a press conference at the Ministry of Finance, (MoF) here today. Tengku Zafrul said maintaining the SWN model was a testimony to the government's firm stand on policy continuity....
tariff for all consumers in the second half of 2022 at the same rate as the first half of 2022. The Finance Ministry (MOF) in a statement today said following the sharp rise in world fuel prices this year, the government on June 24 2022 had decided on...
programme on the topic 'Keluarga Malaysia’s Economic Resilience' on Tuesday. Tengku Zafrul said the Ministry of Finance (MoF) and the government have always been responsive in ensuring that the entire Keluarga Malaysia and business communities are...
strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF). The ministry said that the Act sets clear fiscal targets, including deficit limits and debt management guidelines, to...
has started working on fresh ideas for Budget 2022 even as we roll out Budget 2021 measures and the Ministry of Finance (MoF) is looking at these ideas in a more holistic manner," he said during the Bursa Malaysia Forum, aired on BernamaTV (Astro 502)...
finance part of the additional expenditure relating to subsidies for the welfare of the people. The Ministry of Finance ( MoF) hence will finalise and issue Restricted Warrant to inform on the amount of allocation that will be reduced. According to the...
in 2023, which is lower than the 5.6 per cent or RM99.5 billion recorded in 2022, according to the Ministry of Finance (MoF). According to the reply posted on the Parliament's website today, the level of the fiscal deficit is projected to continue to...
in the form of loans or advances totalling more than RM10 billion via the ministry and Minister of Finance (Incorporated) (MoF Inc) companies for the repayment of 1MDB's commitments and interest on loans,” he added. He said the government would continue...
under the BUDI MADANI Diesel Programme (BUDI Diesel) since its implementation on June 10, 2024, said the Ministry of Finance (MoF). The MoF said these savings have reduced pressure on the country’s fiscal position and enabled funds to be redirected for...
to use debt monetisation financing strategy as one of the ways to increase government revenue, said the Ministry of Finance (MoF). The ministry said this is on the back of strong investors’ demand for government securities, supported by sufficient...
KUALA LUMPUR, Sept 23 – Government revenue increased 4.6 per cent year-on-year to RM106.4 billion in the first half (H1) of 2021, which fell below the Budget 2021 estimate. Deputy Finance Minister I Mohd Shahar Abdullah said the Federal Government’s...
infrastructure. "To expedite and facilitate the implementation of post-flood recovery activities, the Ministry of Finance (MoF) on Dec 21, 2021 issued guidelines on the relaxation of procurement method for repair works on infrastructure and public...
in relation to 1Malaysia Development Bhd (1MDB) matters from Deloitte PLT. In a statement today, the Ministry of Finance (MoF) said the remittance had been deposited into Malaysia’s Assets Recovery Trust Account. “To date, the Trust Account - under the...
KUALA LUMPUR, Nov 1 – The Finance Ministry (MoF) understands the problems faced by all segments of society including the youth and bachelors who will therefore also receive benefits under Budget 2022. Its deputy head economist, Dr Nirwan Noh, said...
of assessment 2023 to make the individual tax structure more progressive. In the Budget 2023 appendix, the Finance Ministry (MoF) said the proposed tax rate will effectively be raised to 25 per cent from the current tax rate of 24.5 per cent. Presenting...
agreement (SSA) of Digital Nasional Bhd (DNB) and the government’s strategic plans for it. Can the Ministry of Finance (MOF) comment on the two mobile network operators (MNO) which have officially announced that they would not subscribe to DNB shares?...
some of the additional expenses related to subsidies for the welfare of the people, according to the Ministry of Finance (MoF). In the Malaysian Treasury Circular - Guidelines on Public Expenditure Savings, the MoF revealed that the increase in existing...
the pump prices of RON95 petrol and diesel have increased following the rise in global oil prices. The Ministry of Finance (MOF), in a statement today, said that recipients of the BUDI DIESEL cash assistance will receive an increased amount of RM300 per...
he said in an interview aired on local television stations tonight. During his discussion with the Finance Ministry (MoF), he said, it was noted that the one-off assistance given previously was not enough. “The one-off assistance of RM3,000 may help the...
(SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF). The ministry said this initiative is important to improve financial administration that is more organised and to ensure the...
million has been approved for 12 SMEs,” said Tengku Zafrul. Those who wish for more information may visit https://budget.mof.gov.my/manfaat/faq/bnm-lctf.html and https://www.bnm.gov.my/documents/20124/2294076/lctf2022_bm_faq.pdf.
that is more transparent and reflects the needs of Malaysians. “They can submit their proposals online via https://budget.mof.gov.my/bajet2023/,” he said.
programme will be announced in the near future,” it said. For further inquiries regarding AP182, please refer to dasar.bpk@mof.gov.my or call 03-8882 3232/4476/3225.
the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF). The ministry explained that this projection took into account various key factors, including inflation trends for the main...
KUALA LUMPUR, Feb 20 – The Ministry of Finance (MoF) is focusing on driving the country's financial recovery so that the people can return to normal life comfortably through several strategies such as creating new jobs, bringing in investment and...
tax (CGT) effective March 1, 2024, based on share ownership transfer trends in recent years, said the Ministry of Finance (MoF). In a written reply in the Dewan Rakyat on Tuesday, the ministry said the CGT, to be imposed at a rate of 10 per cent on net...
cent. Treasury Secretary-General Datuk Johan Mahmood Merican said the amount was an estimate made by the Ministry of Finance (MoF). "As has been mentioned, the MoF currently estimates that it will get RM3 billion from measures related to the service...
year from the implementation of the Luxury Goods Tax, now known as the High Value Goods Tax (HVGT). The Ministry of Finance (MoF) said on the Parliament's website today that the bill on HVGT has been proposed to be tabled in the current Parliament...
can be purchased under the Sumbangan Asas Rahmah (SARA) programme has been expanded starting today, the Finance Ministry (MOF) announced. It said the MADANI Government has decided to expand the categories of goods for SARA purchases to include household...
reporters after a working visit to Kampung Parit Bilal here today. Commenting on her visit, Lim said the Finance Ministry (MOF) has taken note of the grievances of residents in Kampung Parit Bilal and Jalan Parit Ahmad regarding the infrastructure...
has no intention to lower the current ceiling price of RON95 petrol and subsidised diesel, the Ministry of Finance (MoF) said. In a written reply published on the Parliament website, MoF said this is to prevent the government from continuing to bear...
the jurisdiction of the Licensing Board which was appointed by the delegation of authority from the Minister of Finance (MoF) to the Menteris Besar or Chief Ministers through an order gazetted in 1977. "Hence, a claim the Minister of Finance had revoked...
This is to ensure the effectiveness of the tax without adversely affecting the people’s economy, said the Finance Ministry (MoF). “Ultimately, the MADANI government aims to strike a delicate balance between improving the country’s fiscal position and...
KUALA LUMPUR, Feb 5 – The Ministry of Finance (MoF) today reiterated and reminded the public to take advantage of various initiatives provided by the government to help the people rebuild their livelihoods, post-pandemic. According to the ministry, the...
revenue collection performance to ensure the DSC-to-revenue ratio does not exceed 15 per cent, said the Ministry of Finance (MoF). In a written response published on the Parliament’s website today, the ministry stated that the government has implemented...
PADANG BESAR, Sept 28 – The government is considering several incentives to help the people, especially traders in urban areas near national border who are affected by the COVID-19 pandemic. Deputy Finance Minister II, Mohd Shahar Abdullah said the...
of 3.4 per cent in June 2023, down from 3.5 per cent in May,” Anwar said in a statement issued by the Ministry of Finance (MoF). According to MoF, Malaysia’s domestic inflation in June 2023 was tamer than selected advanced and regional countries such as...
and improvement in labour market conditions,” he said in a statement released by the Ministry of Finance Ministry (MoF) today. According to Bank Negara Malaysia (BNM), Malaysia's economy recorded a better-than-expected expansion of 5.6 per cent in 1Q...
to the total additional allocation for excess tax refunds of RM4 billion announced previously. The Ministry of Finance (MOF) said that in 2025, the total tax refunds completed by the Inland Revenue Board (IRB) amounted to RM22.45 billion, involving 3.6...
Responsibility Act 2023 (Act 850). In a written response posted on the Parliament website today, the Ministry of Finance (MoF) stated that under the 2025 Budget, the government aims to reduce the fiscal deficit to 3.8 per cent of GDP. "In line with the...
and competitiveness to attract funds that will strengthen the international reserves and the ringgit. The Finance Ministry (MoF) said the government would also continue to carry out policies to improve the investment climate and national productivity to...
KUALA LUMPUR, Oct 7 (Bernama) -- In attracting high-quality investments, the government is committed to achieving the standing of the world's top 10 most competitive country by 2025, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said....
officers on contract basis, including retirees," he said. For the above purpose, Tengku Zafrul said the Ministry of Finance (MoF) had approved an additional allocation of RM200 million and his ministry would continue to monitor the situation and was...
billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MoF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan. He said a large part of the capital injection was a financial...
KUALA LUMPUR, Oct 7 (Bernama) -- The government will provide RM50 million in matching grants to support aerospace components development, Minister of Finance Tengku Datuk Seri Zafrul Abdul Aziz said. He said the area surrounding KLIA Sepang would be...
Government-linked companies (GLCs). Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the Ministry of Finance (MoF) will expedite the distribution of RM50 million to the National Disaster Management Agency (NADMA) and National Disaster...
PUTRAJAYA, May 8 – The Ministry of Finance (MoF) has allocated RM100 million to Malaysia Debt Ventures Bhd (MDV) to fund the Technology Start-up Funding Relief Facility (TSFRF) to assist technology startups affected by the COVID-19 pandemic. The...
schools. He highlighted that PAK is a joint initiative by the Ministry of Education (MOE) and the Ministry of Finance (MOF), led by the MADANI Monitoring Unit, in partnership with Yayasan Hasanah. It also emphasises students’ holistic development and...
RM1 billion for the eMADANI programme which will benefit up to 10 million Malaysian citizens, said the Ministry of Finance (MoF). In a statement, the ministry said the recipients will get a one-off e-cash credit of RM100 via this programme. Prime...
income (FSI) for resident taxpayers to ensure the smooth implementation of the tax initiative, said the Ministry of Finance (MoF). The tax exemption is effective from Jan 1, 2022 to Dec 31, 2026. Subject to Inland Revenue Board criteria and guidelines,...
Finance Minister Datuk Seri Ahmad Maslan said government agencies and GLCs, especially those under the Ministry of Finance (MOF) must be an example to others in activities like assisting those affected by natural disasters. “GLCs, especially those under...
following the gradual reopening of the economy and the revitalisation of domestic consumption, said the Finance Ministry (MoF). In a statement today, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said economic growth is the key to ensure the...
some buffer, particularly in directing additional aid to the rakyat who are worst affected. 4. When the Ministry of Finance (MOF) reported that, as at end-2020, the statutory debt was RM820.7 billion or 58.0% of GDP, and was projected to reach 58.5% in...
of a progressive wage model. According to the Economic Outlook 2024 report released by the Ministry of Finance (MOF) today, the move was aimed at increasing the income share to 45 per cent of Gross Domestic Product (GDP) so as to be at par with...
their suggestions on how to grow the economy with the Ministry of Finance through the “Suarakan Pendapat Anda” section at www.mof.gov.my Ministry of Finance 30 May 2023
"This will be announced in the near term," he told the media during a presentation highlighting the Ministry of Finance's (MoF) successes and achievements for the past one year. Last year, the government rolled out a wide rage of economic stimulus...
of public health, in next year’s budget. According to the 2023 Pre-Budget Statement issued by the Ministry of Finance (MOF) today, the National Anti-Corruption Plan (NACP) initiatives are still being pursued and the progress of implementation by...
to receive STR despite having rental income from six houses that exceeded the eligibility threshold. The Ministry of Finance (MOF), in a statement on Jan 14, said the government reserves the right to withdraw any form of assistance, including STR, if...
to receive STR despite having rental income from six houses that exceeded the eligibility threshold. The Ministry of Finance (MOF), in a statement on Jan 14, said the government reserves the right to withdraw any form of assistance, including STR, if...
also imposed a limit on these at RM35 billion, which is strictly adhered to. Tengku Zafrul said when the Ministry of Finance (MoF) reported that as of end-2020, the statutory debt was RM820.7 billion or 58.0 per cent of Gross Domestic Product (GDP), and...
“This Term Sheet summarises the key terms under which DNB will be governed as an entity with both the Ministry of Finance (MoF) and telcos as shareholders. DNB and interested telcos will then work on signing the Term Sheet as soon as possible,” he...
and revolving credit as part of efforts to restore Felda's financial position. In a statement today, the Finance Ministry (MOF) said that a major part of the restructuring of Felda's loans is to reduce the principal of Felda's debt to financial...
subsidy-targeting programmes to reduce the burden on the people," he said when addressing at the Ministry of Finance (MoF) Staff Assembly here today. Anwar noted that although Saudi Arabia, as a major oil producer, once offered prices as low as 50 sen...
bond transactions that the company had structured and arranged for 1Malaysia Development Bhd (1MDB), the Finance Ministry (MoF) said. KUALA LUMPUR, July 24 – Goldman Sachs has agreed to a total settlement of US$3.9 billion (RM16.6 billion) to resolve...
next year is expected to have a positive impact on the country’s financial position, according to the Ministry of Finance (MoF). Deputy Finance Minister Lim Hui Ying stated that the GMT would apply to multinational companies generating annual global...
The Ministry of Finance (MOF) is pleased to announce that Prime Minister YAB Tan Sri Muhyiddin Yassin today launched the Perkukuh Pelaburan Rakyat (PERKUKUH) Initiative, effectively starting the journey for the six Government-Linked Investment...
working in the public sector or GLC only need to apply and upload their resumes through the portal at the link https://mystep.mof.gov.my/" he said. As of Feb 25, 2022, a total of 1,827 participants had been successfully placed. Out of this number, a...
for the BUDI MADANI RON95 (BUDI95) petrol subsidy, starting this October 15, according to the Ministry of Finance (MOF). In a statement today, the MOF announced that e-hailing drivers will not need to apply individually. Instead, the government will...
Seri Utama Zafrul Aziz Minister of Finance 24 September 2022 1 For more information on Akaun Amanah Bencana, please visit www.mof.gov.my/portal/akaun-amanah-bencana.
by three sen from RM3.18 to RM3.21 per litre for the period of July 17 to 23. In a statement today, the Ministry of Finance (MOF) announced that during the same period, the retail price of diesel in Sabah, Sarawak, and Labuan remains at RM2.15 per...
RM3.16 and RM2.56 per litre respectively for theperiod from Jan 1 to 7, 2026. In a statement today, the Ministry of Finance (MOF) said the retailprice of subsidised RON95 petrol under BUDI MADANI RON95(BUDI95) also remains unchanged at RM1.99 per litre....
the country will remain unchanged at RM3.28 and RM2.05 per litre respectively from March 27 to April 2. The Finance Ministry (MOF), in a statement today, said the retail price of diesel in Peninsular Malaysia will also remain unchanged at RM3.03 per...
country will remain unchanged at RM3.18 and RM2.05 per litre respectively from April 24 to April 30. The Finance Ministry (MOF), in a statement today, said the retail price of diesel in Peninsular Malaysia will also remain unchanged at RM2.88 per litre,...
at RM3.18 and RM2.60 per litre respectively for the period from Oct 16 to 22. In a statement today, the Ministry of Finance (MoF) said the retail price of subsidised RON95 petrol under the BUDI MADANI RON95 (BUDI95) initiative would also remain...
KUALA LUMPUR, Sept 28 – The Ministry of Finance (MoF) has recently extended, for the second time, the exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022. Finance Minister...
access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak. The Ministry of Finance (MoF) said the addition will bring the total to 20 mobile bank units, to facilitate the financial affairs of the rural population...
KUALA LUMPUR, Jan 20 – The Finance Ministry (MoF) said the Northeast Monsoon 2021/2022 flood disaster that hit the country in December last year has caused an estimated RM4 billion-RM8 billion reduction in the economic sector’s production value....
the adjustment of the ringgit is in order," said the ministry in a written reply posted on the parliament website today. The MoF was answeriing a question from Pang Hok Liong (PH-Labis) who wanted to know if the ringgit will continue to experience...
The Ministry of Finance (MoF) welcomes the reaffirmation of Malaysia’s sovereign credit rating at BBB+ with a Stable outlook by Fitch Ratings. This affirmation was punctuated by Malaysia’s sterling performance across key environmental, social, and...
Malaysia's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB+' with a stable outlook. The Ministry of Finance (MoF) said key rating drivers which support the reaffirmation are, namely, broad-based and strong growth momentum; strengthened...
such as carbon and digital taxes, improving the administration of tax legislation and revising existing tax incentives. The MOF said the government also announced the implementation of the global minimum tax (GMT) on income exceeding €750 million...
The Ministry of Finance (MoF) today published its First Quarter 2025 (Q1 2025) Malaysian Economy report. Issued quarterly, the report provides an overview of the country’s macroeconomic performance and fiscal position, as part of the MADANI...
measures to ensure the country’s financial position is as strong as it was in 1992-1997, said the Finance Ministry (MoF). The government takes the approach of refinancing debts that have reached maturity using new loans to supplement the government’s...
via the Malaysian Home Ownership Initiative (i-Miliki) as provided for under Budget 2023, said the Finance Ministry (MoF). It said a 75 per cent stamp duty exemption will also be given for first-time home ownership for houses priced at between RM500,000...
the first tranche of the RM2.83 billion settlement related to 1Malaysia Development Bhd (1MDB), the Ministry of Finance (MoF) announced today. It said the monies have been deposited into Malaysia’s Assets Recovery Trust Account. “The remaining...
in Malaysia including the Sultan Abdul Aziz Shah Airport (SAAS, Subang Airport) to any party, said the Ministry of Finance (MoF). “Airport properties are considered as strategic assets of the government,” it said in a statement today. The MoF also said...
KUALA LUMPUR, June 17 (Bernama) – The Ministry of Finance (MoF) plans to table the Fiscal Responsibility Bill in Parliament by the end of this year and will also include a medium-term revenue strategy and guiding principles on aspects such as a broader...
KUALA LUMPUR, April 1 (Bernama) – The Ministry of Finance (MoF), which will soon start its Budget 2023 engagement process, is welcoming proposals from non-governmental organisations (NGOs) on how best to empower civil society organisations to create a...
KUALA LUMPUR, Sept 15 (Bernama) – Following the favourable response, the Ministry of Finance (MOF) has decided to extend the period of collecting feedback related to Budget 2024 through the Budget 2024 Proposal portal for one week until Sept 22, 2023....
KUALA LUMPUR, March 21 (Bernama) -- The Ministry of Finance (MOF) has announced that an excise duty and two taxes under Budget 2022 that were scheduled to be implemented this year will be delayed to a date to be announced later. The delay involved the...
KUALA LUMPUR, Sept 28 – The Finance Ministry (MoF) has tabled the Temporary Measures for Government Financing [Coronavirus Disease 2019 (Covid-19)] (Amendment) Act 2021 for the first reading in the Dewan Rakyat today. Tabled by Deputy Finance Minister...
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies...
KULAI, Oct 29 (Bernama) – The Finance Ministry (MOF) will forward a recommendation to the Education Ministry (MOE) to set up a new secondary school subject relating to finance and entrepreneurship. Deputy Finance Minister I Datuk Seri Ahmad Maslan said...
LANGKAWI, Feb 15 (Bernama) – The Finance Minsitry (MOF) expects the RM100 million allocation to develop 42 MADANI Adopted Villages throughout the country will be fully used on basic facilities this year. Finance Minister II Datuk Seri Amir Hamzah...
of the Sumbangan Tunai Rahmah (STR) for this year to 8.7 registered recipients in stages tomorrow. Ministry of Finance (MOF) in a statement today said the government will also distribute an additional one-off cash assistance under the Sumbangan Asas...
KUALA LUMPUR, July 9 (Bernama) -- The Unity Government is committed to ensuring the implementation of the Felda recovery plan, which includes the settlement of settlers’ debts as previously announced, is completed. Accordingly, the Finance Ministry...
today. Capitation grants are federal funds provided to states based on population size. Meanwhile, the Ministry of Finance (MOF) said that to improve the sustainability of state governments’ cash flow, the NFC also agreed to enhance the disbursement...
and promote the development of the state more sustainably,” said the prime minister. According to the Ministry of Finance (MoF), the allocation for 2024 was an increase compared to RM8.3 billion last year and RM8.1 billion in 2022. The ministry said...
to allocations channelled in various forms of grants and support to the state governments for 2021, the Ministry of Finance (MoF) said. In a statement today, the MoF said these included increasing the allocation of RM50 million to RM400 million under...
loans were to be taken to finance the deficit and to refinance maturing debts from 2024 onwards, said the Finance Ministry (MoF). According to the ministry, the federal government's debt at end-2022 amounted to RM1,079.6 billion, or 60.4 per cent of the...
and RM58.6 million to Kelantan last week to finance the state governments’ emolument commitments. The Ministry of Finance (MOF) said that, in addition, a total of RM103.1 million was also given to the Terengganu for the state government's obligations to...
total expenditure stood at RM86.7 billion in the first quarter of 2022 (Q1 2022), according to the Finance Ministry (MoF). Of this, it spent RM22 billion for emolument payments, RM9.1 billion for debt service payments, and RM8.4 billion for pension...
KUALA LUMPUR, Sept 25 (Bernama) – Under the BUDI MADANI RON95 (BUDI95) initiative launched by the Ministry of Finance (MoF), Malaysians are eligible for up to 300 litres of RON95 petrol a month at a subsidised rate. According to the Frequently Asked...
a more focused taxation scope,” he said while wrapping up the debate on the 13th Malaysia Plan for the Finance Ministry (MoF) in the Dewan Rakyat today. Amir Hamzah also noted that although GST provided a list of exemptions and zero-rated items, the...
Built-Up (CBU) electric vehicles (EVs) until Dec 31, 2024 to support the use of EVs, according to the Ministry of Finance (MoF). Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government is also proposing to provide an exemption on...
units, Tenaga Nasional Bhd, Malaysian Airport Holdings Bhd and Telekom Malaysia Bhd. He said the Ministry of Finance (MoF) would continue to support Prime Minister Datuk Seri Anwar Ibrahim’s calls for GLIC to increase investments in the country. “The...
KUALA LUMPUR, March 3 – The Ministry of Finance (MoF) today said the three special withdrawals from the Employees' Provident Fund (EPF), namely i-Lestari, i-Sinar and i-Citra have benefitted 7.34 million members or 58 per cent of 12.6 million members...
Fund (EPF) needs to provide for the cash flow to accommodate any new special withdrawals, according to the Finance Ministry (MOF). It said the EPF would need to rebalance its portfolio to account for the current cash holdings, liquidity and maturities...
index clearly outperformed the MSCI Malaysia Index. In other developments, Tengku Zafrul said the Ministry of Finance (MOF) has already begun budget-tagging specific measures to ensure that various ministries spend in accordance with their...
RM97 billion, or 83 per cent of its total fund allocation, for domestic investments this year, the Finance Ministry (MoF) said. The retirement fund’s average annual fund allocation for investment in the domestic market exceeded 80 per cent from 2019 to...
what it will be. Just wait for it. It will be better," he told the media after completing the Larian ASEAN: Trek Kewangan @MOF event organised by the Finance Ministry (MOF) here today. EPF declared a higher dividend of 5.50 per cent for 2023 versus 5.35...
Pay attention to families of drivers and the most impoverished guardians,” he said during the Ministry of Finance’s (MoF) monthly assembly here today. Anwar, who is also the Finance Minister, said that during the presentation of Budget 2025 in the Dewan...
rate, and a six-month moratorium, he shared. To mitigate the economic fallout from COVID-19, he said the Ministry of Finance (MoF) has made job retention and creation a top priority by establishing the National Employment Council (NEC) in December 2020....
please contact Helpdesk 03-8882 444 Puan Nor Mazita binti Sharif Penolong Pegawai Teknologi Maklumat Tinggimazita.sharif@mof.gov.my03-8882 3762 Encik Nilhafizul Hafiz bin Zainal Abidin Penolong Pegawai Teknologi Maklumat...
said the one-off assistance will be open from Dec 4, 2023 to Feb 20, 2024. It is an initiative from the Ministry of Finance (MoF) launched to promote the digital economy and foster a cashless payment culture, benefiting 10 million eligible adults with...
said the one-off assistance will be open from Dec 4, 2023 to Feb 20, 2024. It is an initiative from the Ministry of Finance (MoF) launched to promote the digital economy and foster a cashless payment culture, benefiting 10 million eligible adults with...
KUALA LUMPUR, Dec 4 (Bernama) -- The Ministry of Finance (MoF) advises members of the public to be cautious of offers by irresponsible parties providing cash-out or peer-to-peer transfers of eMADANI credit. A statement to that effect was issued by MoF...
Malaysians can redeem the RM100 eMADANI credit from 8 am today until 11.59 pm on Feb 20 next year. The Ministry of Finance (MOF), in a post on Facebook, said the public can check their eligibility on the official portal at...
move to bolster Malaysia’s structural reforms as envisioned in the Ekonomi MADANI framework, the Ministry of Finance (MOF) is spearheading a programme aimed at synergising efforts across Government-Linked Entities to catalyse growth in key economic...
of this landmark initiative. In April 2024, MRL achieved a historic milestone by becoming the first Ministry of Finance (MoF) company and the first in the transport industry to establish an SDG Sukuk programme. “This groundbreaking effort raised RM4.50...
At the same time, he said the government remains committed in ensuring fiscal discipline, adding that the Finance Ministry (MoF) is monitoring various economic indicators at the domestic and global level in ensuring that the country remains on track for...
Datuk Seri Ahmad Maslan KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Finance (MoF) has set that due diligence visits must be conducted to determine whether a company is eligible for Bumiputera status and not solely based on documentation to ensure...
KUALA LUMPUR, July 1 (Bernama) – The Finance Ministry (MOF) has reminded beneficiaries of the eBeliaRahmah aid programme not to put themselves at risk of falling prey to scams by attempting to cash out the RM200 credit received. In a statement to...
KUALA LUMPUR, March 1 – The Ministry of Finance (MoF) today announced the appointment of Datuk Asri Hamidon as chairman and Augustus Ralph Marshall as chief executive officer of Digital Nasional Bhd (DNB), to develop 5G technology in Malaysia. MoF said...
KOTA BHARU, March 20 (Bernama) -- The Finance Ministry (MOF) will begin a series of negotiations and offers to telecommunication companies that hold equity in Digital Nasional Berhad (DNB). Communications and Multimedia Minister Tan Sri Annuar Musa...
for January to March 2025, with the amount increasing to RM200 per month from April 2025 onwards," the Ministry of Finance (MOF) said in a statement today. Additionally, the MOF said that 5.4 million Sumbangan Tunai Rahmah (STR) recipients will also...
(BSN) in stages to those who are registered in the STR database to their respective STR eligibility category. According to MOF, the STR Phase 1 payment has been increased by the government to RM500 for recipients in the household category with an income...
cent of the target and RM24.8 billion or 59 per cent of the target, respectively, as of July 2021, the Ministry of Finance (MoF) said. It said the estimated tax revenue collection target for 2021 is RM162.1 billion, which is 10.3 per cent of Gross...
RON97 will increase by five sen to RM3.33 per litre from tomorrow until April 9. In a statement today, the Finance Ministry (MOF) said the price of diesel in Peninsular Malaysia remains at RM3.03 per litre while in Sabah, Sarawak and Labuan it is RM2.15...
Sarawak and Labuan will remain unchanged at RM2.15 per litre, for the period from Feb 26 to March 4. The Ministry of Finance (MOF), in a statement today, said the retail price of RON97 petrol will also increase by five sen to RM3.15 per litre....
of the fuel in Sabah, Sarawak and Labuan, however, remains at RM2.15 per litre during the same week. The Ministry of Finance (MOF) in a statement today said the revision to the retail price of diesel in Peninsular Malaysia to RM3.30 per litre is in line...
will be reduced by five sen to RM2.85 per litre for the period Aug 21 to 27. In a statement today, the Finance Ministry (MoF) said the reduction is in line with changes in global oil market prices. It said the retail prices of RON97 and RON95 petrol...
RON95 petrol will remain unchanged at RM3.47 and RM2.05 per litre respectively from Aug 15 to 21. The Ministry of Finance (MOF) in a statement today said that price reduction was due to the recent decline in global crude oil prices, and as such, the...
RON95 petrol will remain unchanged at RM3.47 and RM2.05 per litre respectively from Aug 15 to 21. The Ministry of Finance (MOF) in a statement today said that price reduction was due to the recent decline in global crude oil prices, and as such, the...
people’s socio-economic well-being. He said in formulating Malaysia’s economic recovery strategy, the Ministry of Finance (MoF) sees DFIs as having a strategic and important role in the country’s efforts to restore and retain the capacity of businesses...
Aug 4 (Bernama) – The Dewan Rakyat today passed a motion for the government, through the Minister of Finance (Incorporated) (MoF Inc), to make investment this year by changing the status of the remaining government loan totalling RM969.268 million to...
(Amendment) Bill 2020, a motion to appoint Member of the Select Committee and two motions tabled by the Ministry of Finance (MOF) involving government funding. The motions passed unanimously were the appointment of Bagan Member of Parliament (MP) Lim...
the Inland Revenue Board which received comprehensive views from various stakeholders at present. “The Ministry of Finance (MoF) also needs to take into account the involvement and commitment at the international level such as the Organisation for...
Sim Chee Keong said passing the bill would act as check and balance on the government, especially the Ministry of Finance (MoF), when setting fiscal targets. “Therefore, from now on, after this bill has been passed, the MoF will not be able to set...
KUALA LUMPUR, 10 April (Bernama) – The Dewan Negara Assembly today passed three bills under the Ministry of Finance (MoF) related to supplementary government expenditure, tax administration improvements and the levy of extraordinary profits. The bills...
In formulating Malaysia’s economic recovery strategy, the Ministry of Finance (MOF) sees Development Financial Institutions (DFI) as having a strategic and important role in the country’s effort to restore and retain the capacity of businesses to...
and tracking SDG programmes nationwide. In addition, the Environment and Water Ministry (KASA), in collaboration with the MOF and Bursa Malaysia, is in the midst of finalizing the carbon market framework by the end of this year. We will also table the...
of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) from 2011 to 2014, said the Ministry of Finance (MoF). In a statement, MoF said the amount represents the largest 1MDB-related settlement by an audit firm in Southeast Asia. “The...