Hard to trace money trail at NFC, says defendant’s witness
KUALA LUMPUR (March 18): There was no way to determine that the sum of RM172.
MoF undertaking study to widen revenue base, including reinstating GST
KUALA LUMPUR (March 16): The Ministry of Finance (MoF) is currently undertaking a study on how to widen Malaysia’s revenue base, which includes reinstating the goods and services tax (GST) as well as reviewing tax incentive packages to further consolidate them and make them more targeted and strategic.
RM500m needed for repair of assets damaged due to floods — Ministry of Works
JOHOR BAHRU (Feb 26): The Ministry of Works has estimated the cost for repair of assets damaged due to floods in the affected states at RM500 million.
EPF to expand i-Sinar facility to include those affected by pay cuts — MoF
KUALA LUMPUR (Nov 26): The Employees Provident Fund will be expanding its i-Sinar facility to include all who have had their income affected due the Covid-19 outbreak, according to the Ministry of Finance (MoF).
MoF reveals list of 101 projects awarded via direct negotiations under PH govt
KUALA LUMPUR (Aug 27): The Ministry of Finance (MoF) has released a list of 101 projects which were awarded through direct negotiations under the Pakatan Harapan government.
Finance Ministry: We will be able to regenerate economy after Covid-19 is settled
KUALA LUMPUR (Aug 12): The Ministry of Finance said it is confident that Malaysia will be able to regenerate its economy after the Covid-19 crisis settles down, highlighting the country’s sovereign ratings which are “still at high levels”.
MoF says Goldman Sachs pays record US$3.9b settlement in relation to 1MDB, confirms The Edge report
KUALA LUMPUR (July 24): The Ministry of Finance has announced that Goldman Sachs has agreed to pay a record US$3.
Petrol dealers unaware on revocation of petrol price ceiling
PETALING JAYA (June 10): Petrol dealers say they are unaware of the Domestic Trade and Consumer Affairs Ministry‘s decision in revoking the price control order that set a price ceiling for RON95 petrol and diesel, the Malaysian Reserve reported today.
MoF’s Urusharta Jamaah ceases to be KSL substantial shareholder
KUALA LUMPUR (May 14): Urusharta Jamaah Sdn Bhd, the special purpose vehicle under the Ministry of Finance tasked to oversee the non-performing assets of Lembaga Tabung Haji, has ceased to be a substantial shareholder of KSL Holdings Bhd.
MoF: Banks to waive interest/profit charge for HP loans, fixed rate financing during moratorium period
KUALA LUMPUR (May 6): The Ministry of Finance (MoF) has reached an agreement with the banking industry to waive additional interest or profit charges for hire purchase (HP) loans and Islamic fixed-rate financing for the six-month moratorium period in conjunction with the Covid-19 pandemic.
