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Windfall for World Badminton champions Aaron-Wooi Yik

Windfall for World Badminton champions Aaron-Wooi Yik

Mohamad Norza said of the amount, RM150,000 was given by the parent body while the rest came from leading sports equipment company Yonex.
Tue Aug 30 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
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
Analysis: Even with sanctions, Russia can afford to feed its war machine

Analysis: Even with sanctions, Russia can afford to feed its war machine

Russia's invasion has driven up the price of the oil, gas and grain it exports, providing it with a substantial windfall to fund its war.
Tue Apr 12 2022
Higher windfall profit tax collection of over RM1 bln helps govt to replenish coffer - Zuraida

Higher windfall profit tax collection of over RM1 bln helps govt to replenish coffer - Zuraida

The government is expected to collect more than RM1 billion in WPL in 2022 based on the projected average CPO price of RM4,250 per tonne and production of 19 million tonnes.
Fri Mar 18 2022
Dewan Negara approves Windfall Profit Levy (Amendment) Bill 2020

Dewan Negara approves Windfall Profit Levy (Amendment) Bill 2020

The Dewan Negara today approved the Windfall Profit Levy (Amendment) Bill 2020 which is aimed at improving the administration of windfall profit levy.
Tue Oct 26 2021
Budget 2022 & 12MP  debt ceiling, windfall & capital gains taxes

Budget 2022 & 12MP debt ceiling, windfall & capital gains taxes

The fiscal strategy shouldn't be to broaden the fiscal base as yet.
Wed Oct 13 2021
Dewan Rakyat passes one bill, two motions tabled by MOF

Dewan Rakyat passes one bill, two motions tabled by MOF

The Dewan Rakyat today passed the Windfall Profit Levy (Amendment) Bill 2020.
Tue Oct 12 2021
Windfall for Olympic, Paralympic shuttlers who won medals

Windfall for Olympic, Paralympic shuttlers who won medals

National men's doubles pair Aaron Chia-Soh Wooi Yik received a windfall for their bronze medal triumph at the recent Tokyo 2020 Olympics, totalling RM180,000 today.
Thu Sep 09 2021
Recipients consider BKC a windfall, to ease financial burden

Recipients consider BKC a windfall, to ease financial burden

Rubber tapper, Nor Ain Wazir described the Special COVID-19 Aid (BKC) remitted into her account today, as a 'windfall' for her family members as she did not expect to have extra money this month.
Mon Sep 06 2021
Govt may need to impose 'windfall tax' on companies recording extraordinary profits - Dr Mahathir

Govt may need to impose 'windfall tax' on companies recording extraordinary profits - Dr Mahathir

The tax will enable the government to increase its financial resources as well as help the people who are affected.
Wed Jul 14 2021
Malaysia to collect nearly RM300 mln from windfall tax on palm oil in Q1 2021

Malaysia to collect nearly RM300 mln from windfall tax on palm oil in Q1 2021

The government is expected to earn RM295 million in windfall profit tax in the first three months of this year with crude palm oil (CPO) prices rising above RM2,500 a tonne.
Sat May 08 2021
Govt may earn palm oil windfall profit levy of over RM500m in 2021 - MPOB

Govt may earn palm oil windfall profit levy of over RM500m in 2021 - MPOB

The government is expected to earn palm oil windfall profit levy of more than RM500 million in 2021 if the price of crude palm oil (CPO) remains stable at RM3,000 per tonne until next year.
Sat Dec 12 2020
MOF tables seven amendment bills for first reading

MOF tables seven amendment bills for first reading

All the bills were tabled by Deputy Finance Minister II Mohd Shahar Abdullah.
Thu Dec 10 2020
Windfall tax will send wrong signal to investors, says Tengku Zafrul

Windfall tax will send wrong signal to investors, says Tengku Zafrul

Tengku Zafrul said policies have to be for the long term and not based on short-term gains.
Sat Nov 28 2020
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
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024