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Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
Najib says US$120 million in his account was not personal income

Najib says US$120 million in his account was not personal income

Datuk Seri Najib Tun Razak also made it clear that the money was not from SRC International Sdn Bhd or Retirement Fund Inc (KWAP).
Wed Oct 09 2024
Strong economic fundamentals driving ringgit's growth - BNM Governor

Strong economic fundamentals driving ringgit's growth - BNM Governor

Datuk Seri Abdul Rasheed said Malaysia's projected economic growth rate of 4.0-5.0 per cent for this year is also a positive factor.
Thu Oct 03 2024
Najib believed RM2 billion was a Saudi donation, court told

Najib believed RM2 billion was a Saudi donation, court told

Najib's counsel said AmBank's compliance department processed funds based on letters claiming they were donations from Arab royalty.
Tue Oct 01 2024
Welfare of vulnerable groups continues to be given attention - PM

Welfare of vulnerable groups continues to be given attention - PM

Datuk Seri Anwar Ibrahim said that children from wealthy families still benefit from govt-funded educational facilities over the poor.
Mon Sep 30 2024
Najib: BOD's job to manage SRC funds

Najib: BOD's job to manage SRC funds

Datuk Seri Najib Tun Razak told the High Court that he was not responsible for the micro-management of SRC International Sdn Bhd's funds.
Fri Sep 27 2024
South Korea to lift fees for doctors treating severe illness in strained medical system

South Korea to lift fees for doctors treating severe illness in strained medical system

South Korea will use 10 trillion won in health insurance funds over three years to raise fees doctors receive for treating severe illnesses.
Fri Sep 27 2024
Naomi Campbell banned as charity trustee after probe finds misconduct

Naomi Campbell banned as charity trustee after probe finds misconduct

The charity funds were used to pay for Campbell's stay at a five-star hotel in Cannes, France, including spa treatments, and room service.
Fri Sep 27 2024
Najib testifies he had no control over SRC international funds

Najib testifies he had no control over SRC international funds

Datuk Seri Najib Tun Razak testified in High Court that he had no control over the movement or use of RM3.6 bil in funds from SRC International.
Wed Sep 25 2024
1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

Tony Pua says he attended the meeting with 1MDB representatives to determine the financial status of the sovereign wealth fund.
Tue Sep 17 2024
CPF account closure for non-Singaporeans and non-PRs: Withdraw savings before interest ceases

CPF account closure for non-Singaporeans and non-PRs: Withdraw savings before interest ceases

According to Singapore's Central Provident Fund Board, after March 2027, these savings will no longer earn any interest.
Tue Sep 10 2024
Nuren Group achieves listing status, a milestone under MDV’s Venture Debt Programme

Nuren Group achieves listing status, a milestone under MDV’s Venture Debt Programme

The IPO offering was oversubscribed by AUD 100,000, with total funds raised amounting to AUD 700,000.
Thu Sep 05 2024
Secretariat to check overlapping functions, save govt funds next - PM

Secretariat to check overlapping functions, save govt funds next - PM

Datuk Seri Anwar Ibrahim the secretariat will ensure no public officer commits corruption by implementing civil service reforms.
Tue Sep 03 2024
Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.
Fri Aug 30 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024