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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
'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