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RM12.7 billion in unclaimed money recorded - MOF

RM12.7 billion in unclaimed money recorded - MOF

MOF says, individuals who are entitled to the money, or heirs, can submit their claim application online via the official eGUMIS portal.
Wed Mar 05 2025
Household debt at RM1.63 trillion at end of 2024, much lower than financial assets -- MOF

Household debt at RM1.63 trillion at end of 2024, much lower than financial assets -- MOF

The national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP)
Thu Feb 27 2025
RON95, RON97 prices unchanged, diesel up by five cents in Peninsular M'sia

RON95, RON97 prices unchanged, diesel up by five cents in Peninsular M'sia

MOF announces that the retail prices of RON95 and RON97 petrol will remain unchanged at RM2.05 per litre and RM3.43 per litre, respectively.
Wed Jan 29 2025
Final STR payment for this year to begin tomorrow - MOF

Final STR payment for this year to begin tomorrow - MOF

The final STR payment involves an allocation of RM3.4 billion.
Wed Nov 06 2024
National Scam Response Centre logs over 122,000 fraud calls since 2022 - MoF

National Scam Response Centre logs over 122,000 fraud calls since 2022 - MoF

The MoF reports that these complaints reveal total losses for victims amounting to RM371 million.
Tue Oct 29 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Economic outlook: Corruption and lack of accountability hinder economic progress

Economic outlook: Corruption and lack of accountability hinder economic progress

Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
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
RM15 mln allocated to turn Harimau Malaya into Asian tigers

RM15 mln allocated to turn Harimau Malaya into Asian tigers

Datuk Seri Anwar Ibrahim said RM10 million will be allocated by the govt via MOF, while RM5 million is a commitment from the private sector.
Tue Sep 03 2024
Budget 2025: MITI, MOHE to present proposals on talent development to MOF

Budget 2025: MITI, MOHE to present proposals on talent development to MOF

Tengku Zafrul said both ministries are sharing ideas and collaborating to ensure the nation has a robust AI-ready workforce.
Tue Aug 27 2024
STR Phase 3 payments to begin Aug 29 for 8.5 million recipients

STR Phase 3 payments to begin Aug 29 for 8.5 million recipients

MOF said recipients would receive payments of up to RM650 according to respective categories, with financial implication of RM1.7 billion.
Fri Aug 23 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
MOF Evaluation Committee screened shortlisted contractors for Jana Wibawa, says witness

MOF Evaluation Committee screened shortlisted contractors for Jana Wibawa, says witness

Jana Wibawa programme was introduced during the tenure of former Prime Minister Tan Sri Muhyiddin Yassin.
Wed Jul 10 2024
Collection of consumption-based tax lower after SST reimposition - MoF

Collection of consumption-based tax lower after SST reimposition - MoF

The Ministry of Finance states that the average annual SST collection was 51.6% lower than GST due to the smaller scope of the SST.
Wed Jul 10 2024
Govt remains committed to implementing structural reforms, fiscal strengthening

Govt remains committed to implementing structural reforms, fiscal strengthening

The ministry said this will boost Malaysia's long-term foreign investor appeal, strengthening the ringgit.
Wed Jul 10 2024
Strangulation cause of Customs officer's death - KL Police Chief

Strangulation cause of Customs officer's death - KL Police Chief

Police say the case is still classified as a sudden death report (SDR), based on the post-mortem from Putrajaya Hospital's Forensic Dept.
Thu Mar 06 2025
No finding, report on Malaysia's link in Nvidia chip fraud case - Tengku Zafrul

No finding, report on Malaysia's link in Nvidia chip fraud case - Tengku Zafrul

At the moment, there are no findings or reports indicating that (the matter) actually exists says Tengku Datuk Seri Zafrul Abdul Aziz.
Thu Mar 06 2025
KDN to issue special pass to investors from April 1 - Saifuddin

KDN to issue special pass to investors from April 1 - Saifuddin

Datuk Seri Saifuddin Nasution Ismail says a single window method will facilitate entry, with passes issued electronically.
Thu Mar 06 2025
[COLUMNIST] Accelerating AI and 5G innovation in ASEAN - Rais Hussin

[COLUMNIST] Accelerating AI and 5G innovation in ASEAN - Rais Hussin

While 5G provides necessary bandwidth, reliability and scale, AI adds predictive intelligence, learning and automation.
Thu Mar 06 2025
Hamas says Trump threats encourage Netanyahu to evade Gaza ceasefire deal

Hamas says Trump threats encourage Netanyahu to evade Gaza ceasefire deal

The best track to release the remaining Israeli prisoners is by the occupation going into the second phase, a Hamas spokesperson says.
Thu Mar 06 2025
South Korea air force jet accidentally drops bombs on homes, injuring eight

South Korea air force jet accidentally drops bombs on homes, injuring eight

South Korea's Air Force says eight 225kg Mk82 bombs from KF-16 jets fell outside the shooting range during joint live-fire exercises.
Thu Mar 06 2025
Trump exempts some automakers from Canada, Mexico tariffs for one month

Trump exempts some automakers from Canada, Mexico tariffs for one month

Trump made clear he was not calling off his trade war with Canada and Mexico as he pressures both countries to deter fentanyl smuggling.
Thu Mar 06 2025
Post-mortem on Customs tribunal officer not completed yet -  KL Police

Post-mortem on Customs tribunal officer not completed yet - KL Police

The Customs tribunal officer was found dead in the office with his neck and legs bound with cable ties.
Thu Mar 06 2025
Marriott Bonvoy launches year-long 'Malaysian Kitchen' culinary campaign

Marriott Bonvoy launches year-long 'Malaysian Kitchen' culinary campaign

The campaign brings together chefs from Marriott properties to showcase authentic Malaysian dishes, preserving traditional cooking methods.
Thu Mar 06 2025
BNM seen holding OPR at 3 Pct - Economists

BNM seen holding OPR at 3 Pct - Economists

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid also expected the MPC to leave the OPR unchanged.
Thu Mar 06 2025