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Consolidated public sector projected to record lower surplus of RM41.7 bil 2024

Consolidated public sector projected to record lower surplus of RM41.7 bil 2024

The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
Fri Oct 18 2024
MoF envisages 5.9 pct rise in govt revenue in 2022

MoF envisages 5.9 pct rise in govt revenue in 2022

Tax revenue remains the major contributor to total revenue, consisting of 73.2 per cent of the total share.
Fri Oct 29 2021
Govt revenue rises 4.6 pct to RM106.4 bln in H1 2021 - MoF

Govt revenue rises 4.6 pct to RM106.4 bln in H1 2021 - MoF

Government revenue increased 4.6 per cent year-on-year to RM106.4 billion in the first half of 2021.
Thu Sep 23 2021
RM17 bln from COVID-19 fund to be spent on wage subsidy scheme, other projects

RM17 bln from COVID-19 fund to be spent on wage subsidy scheme, other projects

A total of RM17 billion from the COVID-19 Fund will be spent mainly on the Wage Subsidy Programme (WSP), small-scale infrastructure projects, SMEs soft loan and food security.
Fri Nov 06 2020
Fiscal deficit to be reduced below 4 pct over next 3-4 years

Fiscal deficit to be reduced below 4 pct over next 3-4 years

The government aims to reduce the fiscal deficit to under 4 per cent of gross domestic product (GDP) over the next three to four years under its fiscal reform agenda.
Fri Nov 06 2020
Govt to undertake mitigation measures, ensure risk exposure contained

Govt to undertake mitigation measures, ensure risk exposure contained

In mitigating the COVID-19 crisis, the Malaysian government has launched a series of stimulus packages and recovery plan.
Fri Nov 06 2020
Govt revenue to fall 14 pct in 2020 as tax collection slips

Govt revenue to fall 14 pct in 2020 as tax collection slips

The Federal Government revenue is projected to decrease by 14 per cent to RM227.3 billion in 2020 from RM264.4 billion last year as a result of lower tax collection.
Fri Nov 06 2020
Govt revises MTFF 2021-2023, now sees 4.5-5.5 pct of GDP

Govt revises MTFF 2021-2023, now sees 4.5-5.5 pct of GDP

The government has revised the Medium-Term Fiscal Framework (MTFF) 2021-2023 on account of the impact caused by the COVID-19 crisis.
Fri Nov 06 2020
Govt allocates RM322.5 bln for Budget 2021

Govt allocates RM322.5 bln for Budget 2021

The Malaysian government is allocating RM322.5 billion, or 20.6 per cent of the Gross Domestic Product (GDP), for Budget 2021.
Fri Nov 06 2020
Put aside political ideology, let's sit down to discuss Sabah rights - CM

Put aside political ideology, let's sit down to discuss Sabah rights - CM

Chief Minister Datuk Seri Musa Aman said this was of utmost importance to ensure that whatever needs and benefits for Sabah were achieved in the interest of the people in the state.
Tue Apr 11 2017
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024