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PM Ismail Sabri checks out final preparations for 2023 Budget

PM Ismail Sabri checks out final preparations for 2023 Budget

The 2023 Budget is scheduled to be tabled at Parliament by Tengku Zafrul at 4 pm tomorrow.
Thu Oct 06 2022
Procurement circular ensures govt procurements are implemented in transparent manner - Mohd Shahar

Procurement circular ensures govt procurements are implemented in transparent manner - Mohd Shahar

The government's procurement circular is a model for good governance to ensure its procurements are implemented based on the principles of accountability.
Wed Oct 05 2022
Supply Bill 2023 tabled for first reading at Dewan Rakyat

Supply Bill 2023 tabled for first reading at Dewan Rakyat

The bill is to use a sum of money from the Consolidated Fund for services for 2023.
Wed Oct 05 2022
Deputy Finance Minister calls for integration of Islamic finance to develop halal industry

Deputy Finance Minister calls for integration of Islamic finance to develop halal industry

Mohd Shahar explained that sectoral activities included capital raising and the financial inclusion of micro, small and medium enterprises.
Mon Oct 03 2022
Malaysia's property market records 188,000 transactions worth RM84 bln in first of year

Malaysia's property market records 188,000 transactions worth RM84 bln in first of year

The local property market recorded more than 188,000 transactions worth RM84 billion in the first half of this year (1H22) with the residential subsector accounting for more than 60 pct.
Wed Sep 14 2022
No need for govt to reintroduce GST at this point - Mohd Shahar

No need for govt to reintroduce GST at this point - Mohd Shahar

The government has not reached a stage where it would need to reintroduce the goods and services tax (GST), said Deputy Finance Minister I Datuk Indera Mohd Shahar Abdullah.
Wed Sep 07 2022
Govt to mull more targeted subsidies for those truly in need

Govt to mull more targeted subsidies for those truly in need

Mohd Shahar said the expenditure for aid and subsidies is estimated to increase to RM77.7 bln compared to Budget 2022's allocation of RM31 bln.
Tue Aug 23 2022
Budget 2023 will boost rural digital economy - Mohd Shahar

Budget 2023 will boost rural digital economy - Mohd Shahar

The government would be boosting the rural digital economy through Budget 2023, said Deputy Finance Minister I, Datuk Mohd Shahar Abdullah.
Sun Aug 21 2022
Budget 2023 dynamic, more flexible - Mohd Shahar

Budget 2023 dynamic, more flexible - Mohd Shahar

The government has assured that Budget 2023 which will be tabled this October will be dynamic and more flexible, said Deputy Finance Minister Datuk Mohd Shahar Abdullah.
Sat Aug 20 2022
Dewan Negara passed five bills

Dewan Negara passed five bills

The Dewan Negara today passed five bills related to the departure levy, sales tax, goods vehicle levy, windfall profit levy, and service tax.
Tue Aug 16 2022
Gradual increase in OPR does not cause significant impact - Mohd Shahar

Gradual increase in OPR does not cause significant impact - Mohd Shahar

Mohd Shahar said BNM is of the view that the gradual rise in OPR would not have a significant effect especially for the B40 group.
Tue Aug 09 2022
MOF monitoring effects of OPR hike on consumer loan repayments

MOF monitoring effects of OPR hike on consumer loan repayments

Mohd Shahar said BNM's decision to increase the OPR was made when the economic indicators were showing positive signs.
Mon Aug 08 2022
Dewan Rakyat passes seven motions tabled by Finance Ministry

Dewan Rakyat passes seven motions tabled by Finance Ministry

The Dewan Rakyat today passed a motion for the government, through the MoF Inc, to make investment this year by changing the status of the remaining government loan totalling RM969.268 million.
Thu Aug 04 2022
Parliament passes three bills relating to windfall profit, sales and service tax

Parliament passes three bills relating to windfall profit, sales and service tax

Parliament today approved the Windfall Profit Levy (Amendment) Bill 2022 to amend the Windfall Profit Levy Act 1998.
Thu Aug 04 2022
Dewan Rakyat passes departure levy, goods vehicle levy amendment bills

Dewan Rakyat passes departure levy, goods vehicle levy amendment bills

The Dewan Rakyat today passed the Departure Levy (Amendment) Bill 2022 to amend the Departure Levy Act 2019 (Act 813).
Wed Aug 03 2022
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024