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KUALA LUMPUR, July 27 (Bernama) – Bank Negara Malaysia (BNM) and the Securities Commission (SC) have been taking steps to ensure the sustainability and effectiveness of the Islamic finance system by raising the standards to not only halal, but also...
- Type: Article
- Author: Natrah
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Dec 15 -- Bank Negara Malaysia (BNM) has no immediate plan to issue Central Bank Digital Currency (CBDC), Deputy Finance Minister II Yamani Hafez Musa said. He said in Malaysia, the domestic payment systems, including the Real-time Retail...
- Type: Article
- Author: Natrah
- Category: Press Citations
- Language: en-GB
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and other selected agencies to become suppliers to the government. “With this initiative, social enterprises can supply goods and services in total up to RM20 million per year,” he said when tabling Budget 2021 in the Parliament here, today. Among...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Nov 29 - Not a politician and not keen to become one, banker turned Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz is steadfast in remaining a technocrat and ensuring that lives and livelihoods in the country are safeguarded...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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(MoF) has set up a committee to study various revenue enhancing measures, including the possibility of reintroducing the Goods and Services Tax (GST), according to Maybank Investment Bank (Maybank IB) Research. In a note released today following a...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Nov 6 - The government will freeze the issuance of new import licence for cigarette effective Jan 1, 2021 as one of the strategies to improve revenue collection and address smuggling activities especially for high duty goods. Finance...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Oct 19 - The government has allocated more than RM1.7 billion to fight COVID-19 transmission, channelled through 14 ministries and state governments, and remains committed in ensuring that the frontliners as well as the healthcare system...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Nov 6 - Sabah and Sarawak will respectively be receiving RM5.1 billion and RM4.5 billion in development allocation for next year, as provided under Budget 2021 tabled at Dewan Rakyat today. Finance Minister, Tengku Datuk Seri Zafrul...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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KUALA LUMPUR, Oct 27 - Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today expressed his confidence that Budget 2021 will not be politicised and will have the full support of the Members of Parliament for the common good. The minister also...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
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aid and incentives, among them transport aid and welfare as well as subsidies to check the rise in the prices of goods and services. The minimum employee EPF contribution rate is reduced from 11 per cent to nine per cent beginning January 2021 for a...
- Type: Article
- Author: Noris
- Category: Press Citations
- Language: en-GB
