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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
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 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
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024