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Government confident national economic recovery on track

Government confident national economic recovery on track

The government is confident Malaysia's economic recovery is on solid ground and on track to achieve growth of 5.3-6.3 pct this year.
Tue Aug 16 2022
Dewan Rakyat passes two bills related to free zones, tourism tax

Dewan Rakyat passes two bills related to free zones, tourism tax

The Dewan Rakyat today passed the Free Zones (Amendment) Bill 2022 to amend the Free Zones Act 1990.
Wed Aug 03 2022
Customs and excise amendment bills passed in Parliament

Customs and excise amendment bills passed in Parliament

Parliament today passed the Customs (Amendment) Bill 2022 to amend the Customs Act 1967.
Wed Aug 03 2022
Malaysia needs to focus on increasing economic resilience - Yamani

Malaysia needs to focus on increasing economic resilience - Yamani

Yamani said that a stable financial market is important to boost foreign investors' confidence to invest in the domestic market.
Mon Aug 01 2022
Act 731 to be fine-tuned to monitor illegal remittance activities

Act 731 to be fine-tuned to monitor illegal remittance activities

The move ensures more efficient and punitive action against remittance activities by illegal or registered remittance service providers.
Wed Mar 09 2022
BNM has no immediate plan to issue central bank digital currency - Yamani Hafez

BNM has no immediate plan to issue central bank digital currency - Yamani Hafez

Bank Negara Malaysia (BNM) has no immediate plan to issue Central Bank Digital Currency (CBDC).
Wed Dec 15 2021
Over RM156 bln spent as of Nov 30 through four economic stimulus, aid packages

Over RM156 bln spent as of Nov 30 through four economic stimulus, aid packages

Almost 70 pct, or RM156.18 billion, of the RM225 billion allocated under the four economic stimulus and aid packages launched this year has been spent to stimulate the country's economy as of Nov 30.
Mon Dec 13 2021
Govt to discuss proposal to expand BTHPRS to more bus, taxi operators - Yamani Hafez

Govt to discuss proposal to expand BTHPRS to more bus, taxi operators - Yamani Hafez

The MOF will discuss with various stakeholders the proposal to expand the BTHPRS to bus and taxi operators who fail to obtain the assistance scheme.
Tue Nov 30 2021
Govt estimates at least RM3 bln from Prosperous Tax collection - Deputy Finance Minister II

Govt estimates at least RM3 bln from Prosperous Tax collection - Deputy Finance Minister II

The government expects to collect at least RM3 billion through the implementation of the Prosperous Tax announced in Budget 2022, said Deputy Finance Minister II, Yamani Hafez Musa.
Tue Nov 02 2021
Parliament unanimously passes PIDM Amendment 2021 Bill

Parliament unanimously passes PIDM Amendment 2021 Bill

The Dewan Rakyat today unanimously passed the Malaysia Deposit Insurance Corporation (Amendment) Bill 2021, which aims to improve the governance of the body.
Tue Oct 26 2021
AKPK developing TRP to assist SME borrowers facing cash flow problems - Yamani Hafez

AKPK developing TRP to assist SME borrowers facing cash flow problems - Yamani Hafez

AKPK is developing a Temporary Relief Programme (TRP) to reduce the burden of individual and SME borrowers who are still having difficulty restoring their cash flow.
Mon Oct 11 2021
ATM machine installation subject to banking industry's prerogative

ATM machine installation subject to banking industry's prerogative

The installation of ATM in urban or rural areas is subject to the banking industry's consideration, said Yamani.
Wed Sep 29 2021
Finance Ministry tables PIDM Amendment Bill for first reading

Finance Ministry tables PIDM Amendment Bill for first reading

According to Section 47A(1), the first premium of Islamic and conventional deposits shall be calculated separately.
Thu Sep 23 2021
MoF to propose raising COVID-19 fund ceiling to RM110 bln, says Yamani

MoF to propose raising COVID-19 fund ceiling to RM110 bln, says Yamani

Yamani said the increase was needed to cover the total payment commitment which had now reached RM91.8 billion.
Wed Sep 22 2021
Budget 2022: Govt, opposition start holding discussions

Budget 2022: Govt, opposition start holding discussions

The federal government has started holding discussions with the opposition before Budget 2022 to be tabled in Parliament in October.
Wed Sep 22 2021
'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