Wed, 17 Jul 2019, 3:09 PM
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Topic: Ministry of Finance

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KUALA LUMPUR (July 17): The total amount of debt held by the Federal Government had increased to RM741.05 billion at the end of 2018, from RM686.84 billion at the end of 2017.
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KUALA LUMPUR (July 17): The government is still in negotiations with parties involved in the Trans-Sabah Gas Pipeline (TSGP) over the reclamation of monies paid for the project and the amount of compe...
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KUALA LUMPUR: The move to seize more than RM1bil from the bank account of China Petroleum Pipeline Engineering Ltd (CPP) is a “company specific” action, says Finance Minister Lim Guan Eng.
Malay Mail:
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PETALING JAYA, July 17 — Beijing believes its two multi billion-dollar gas pipeline projects in Malaysia being built by a state-owned Chinese company can be resolved through “friendly consultation...
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IMONEY has launched its free credit score tool, iMoney CreditScore, in Bahasa Malaysia alongside their digital-first #JomSkor campaign.
theSun:
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KUALA LUMPUR: The Public Accounts Committee (PAC) has confirmed that the previous government had used the Goods and Services Tax (GST) collections for other purposes, said Finance Minister Lim Guan En...
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Lim Guan Eng speaking to reporters at the Parliament in Kuala Lumpur.
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KUALA LUMPUR (July 16): Minister of Finance Inc's (MOF Inc) wholly-owned subsidiary MyCreative Ventures Sdn Bhd (MyCV) invested RM214.24 million in money markets without obtaining the Ministry of Fina...
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THE Finance Ministry did not order the seizure of over RM1bil in funds from state-owned China Petroleum Pipeline Engineering Ltd (CPP), says its Minister Lim Guan Eng.
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KUALA LUMPUR: Finance Minister Lim Guan Eng clarified that neither he nor the Ministry of Finance (MOF) had instructed the seizure of more than RM1 billion from a bank account belonging to state-owne...
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KUALA LUMPUR: Lim Guan Eng has denied ordering the seizure of over RM1 billion from a Malaysian bank account of a Chinese state-owned company and transferring it to a company owned by the Finance Mini...
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KUALA LUMPUR: MyCreative Ventures Sdn Bhd (MyCV), a wholly-owned subsidiary of the Ministry of Finance (Incorporated) had invested RM214.24 million from the government grant for the Private Debt dan P...
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IPOH, July 15 — The Forest Plantation Development Sdn Bhd (FPDSB) gave out loans to companies that did not fulfil the necessary requirements, according to the Auditor-General 2018 report.
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KUALA LUMPUR: Finance Minister Lim Guan Eng clarified that neither he nor the Ministry of Finance (MOF) had instructed the seizure of more than RM1 billion from a bank account belonging to state-owned...
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KUALA LUMPUR (July 15): To keep the RM19.4 billion in goods and services tax (GST) refunds in a consolidated revenue account violated fundamental trust laws and accounting requirements.
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KUALA LUMPUR (July 15): Finance Minister Lim Guan Eng said the reported seizure of more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP) was not done under his ministry...
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KUALA LUMPUR, July 15  — MyCreative Ventures Sdn Bhd (MyCV), a wholly-owned subsidiary of the Ministry of Finance (Incorporated) had invested RM214.24 million from the government grant for the  Pr...
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KUALA LUMPUR (July 15): To keep the RM19.4 billion in goods and services tax (GST) refunds in a consolidated revenue account violated fundamental trust laws and accounting requirements.
The Straits Times:
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KUALA LUMPUR - Malaysia's Finance Minister Lim Guan Eng said on Monday (July 15) his ministry did not issue any instructions to seize more than RM 1 billion (S$328 million) in funds from state-owned C...
Malay Mail:
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KUALA LUMPUR, July 15 — Malaysian Global Innovation & Creativity Centre Bhd (MaGIC) is financially stable with the company recording a pre-tax surplus for three years in a row, according to the Audi...
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KUALA LUMPUR, July 15 — The Finance Ministry did not issue the order to seize RM1 billion in assets from China Petroleum Pipeline Engineering Ltd (CPP), Lim Guan Eng said today.
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KUALA LUMPUR (July 15): Finance Minister Lim Guan Eng said the reported seizure of more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP) was not done under his ministry...
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MALAYSIA’s direct government debt, which stood at RM776.82 billion as at end-March, is set to breach RM800 billion this month but should end below that level by year-end, sources say.
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KUALA LUMPUR (July 15): The Public Accounts Committee (PAC) will be calling in certain government departments, ministries and agencies to explain the lack of progress made on their projects.
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KUALA LUMPUR (July 15): The Malaysian government lost out on a total of RM4.89 billion worth of excise duty on completely-knocked-down (CKD) vehicles from 2015 to 2017 due to the various types of exem...
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KUALA LUMPUR (July 15): More than a quarter of the funds allocated to the 1Malaysia Training Scheme (SL1M) were invested by TalentCorp without the knowledge of the scheme's secretariat.
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KUALA LUMPUR (July 15): The state customs has overpaid a total of RM41.4 million in liquefied petroleum gas (LPG) subsidies claim from 2015 to 2017.
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KUALA LUMPUR: The federal government has seized more than RM1 billion (US$243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Singapore-based Straits...
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KUALA LUMPUR: No full privatisation, no job cuts and retain Malaysia Airlines Bhd (MAB) as the national carrier – those are all its veterans and union want from the government if the acquisition by ...
Malay Mail:
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KUALA LUMPUR, July 14 — No full privatisation, no job cuts and retain Malaysia Airlines Bhd (MAB) as the national carrier — those are all its veterans and union want from the government if the acq...
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KUALA LUMPUR, July 13 — Putrajaya has reportedly seized more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP), amid a dispute involving billion-ringgit pipeline pro...
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KUALA LUMPUR: MCA president Datuk Seri Dr Wee Ka Siong (pix) today denied that the funds given to its cooperatives business Kojadi have been returned to the government.
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JITRA (July 13): The Ministry of Domestic Trade and Consumer Affairs will hold meetings with stakeholders and media agencies to convey information on the implementation of targeted petrol subsidy befo...
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SIBU (July 13): All government agencies must set aside some funds from their operational budget to set up child daycare centres at their work place, said Women, Family and Community Development Deputy...
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JITRA: The Ministry of Domestic Trade and Consumer Affairs will hold meetings with stakeholders and media agencies to convey information on the implementation of targeted petrol subsidy before it is i...
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JITRA (July 12): The Ministry of Domestic Trade and Consumer Affairs will hold meetings with stakeholders and media agencies to convey information on the implementation of targeted petrol subsidy befo...
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The Ministry of Finance Malaysia has announced the updated prices of petrol and diesel fuels starting from 13th of July to 19th July.
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KUALA LUMPUR (July 12): The retail price of RON97 petrol will go up by four sen for the fuel price week July 13-19, from RM2.53/litre to RM2.57/litre. The retail prices of RON95 petrol and diesel, whi...
theSun:
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KUALA LUMPUR: The retail price of RON97 petrol will go up by four sen for the fuel price week July 13 -19, from RM2.53/litre to RM2.57/litre. The retail prices of RON 95 petrol and diesel, which are ...
The Borneo Post:
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A motorist pumps petrol at a gas station in Kuala Lumpur.
theSun:
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SIBU: All government agencies must set aside some funds from their operational budget to set up child daycare centres at their work places, according to Women, Family and Community Development Deputy ...
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KUCHING: The issue on the proposed RM1 billion contra loan from the federal government to be allocated for repairs of dilapidated schools in Sarawak is expected to be resolved soon, according to state...
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SIBU (July 12): All government agencies must set aside some funds from their operational budget to set up child daycare centres at their work place, said Women, Family and Community Development Deputy...
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KUALA LUMPUR (July 12): The retail price of RON97 petrol will go up by four sen for the fuel price week July 13-19, from RM2.53/litre to RM2.57/litre. The retail prices of RON95 petrol and diesel, whi...
Malay Mail:
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KUALA LUMPUR, July 12 — The retail  price of RON97 petrol will go up by four sen for the fuel price week July 13-19, from RM2.53/litre to RM2.57/litre. The retail prices of RON 95 petrol and dies...
Malay Mail:
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KUCHING, July 12 — The issue on the proposed RM1 billion contra loan from the federal government to be allocated for repairs of dilapidated schools in Sarawak is expected to be resolved soon, said ...
The Borneo Post:
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Michael Manyin Jawong KUCHING: Minister of Education, Science and Technological Research Dato Sri Michael Manyin Jawong said today that a meeting had been arranged with the Ministry of Finance (MoF) ...
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KUALA LUMPUR: RHB Research has upgraded IJM Corp to Buy from Neutral with new sum-of-parts based target price of RM2.78 from RM1.91, 18% upside plus 3% yield.
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KUCHING: The Fisheries Development Authority Of Malaysia (LKIM) has requested the Ministry of Finance (MOF) to give it the oil subsidy supply quota on an annual basis to be distributed to fishermen na...
Malay Mail:
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KUCHING, July 11 — The Fisheries Development Authority Of Malaysia (FDAM) have requested the Ministry of Finance (MOF) to give it the oil subsidy supply quota on an annual basis to be distributed to...
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KUALA LUMPUR (July 11): The government had last week received an official proposal from Maju Holdings Sdn Bhd to take over highway operator PLUS Malaysia Bhd, according to Works Minister Baru Bian tod...
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KUALA LUMPUR (July 11): Finance Minister Lim Guan Eng says today he is "not familiar" with the termination of IJM Corp Bhd as the works package contractor for the underground package of the light rail...
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KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views ...
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KUALA LUMPUR (July 11): The government had last week received an official proposal from Maju Holdings Sdn Bhd to take over highway operator PLUS Malaysia Bhd, according to Works Minister Baru Bian tod...
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KUALA LUMPUR (July 11): The tax levied on packaged and ready to consume sugary beverages will result in price increases, said Finance Minister Lim Guan Eng.
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KUALA LUMPUR (July 11): Finance Minister Lim Guan Eng says today he is "not familiar" with the termination of IJM Corp Bhd as the works package contractor for the underground package of the light rail...
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KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views ...
Malay Mail:
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KUALA LUMPUR, July 11 — Barisan Nasional paid compensation to abolish two toll concessions as part of a buyout agreement that made the Batu Tiga and Sungai Rasau highways free, Datuk Seri Najib Raza...
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KUALA LUMPUR (July 10): TRX City Sdn Bhd, a company owned by the Ministry of Finance (MoF), which had sought verification from the National Registration Department, has confirmed that its Director of ...
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KUALA LUMPUR: The Public Accounts Committee (PAC) report on claims for refund on Goods and Services Tax (GST) amounting to RM19.4 billion will be tabled in the Dewan Rakyat on Tuesday (July 16).
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KUALA LUMPUR (July 10): TRX City Sdn Bhd, a company owned by the Ministry of Finance (MoF), which had sought verification from the National Registration Department, has confirmed that its Director of ...
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KUALA LUMPUR (July 10): The parliamentary Public Accounts Committee (PAC)'s report on the missing goods and services tax (GST) tax refunds of RM19.4 billion will be tabled in the Dewan Rakyat next Tue...
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EARLY last week, Prime Minister Tun Dr Mahathir Mohamad arrived for a Hari Raya open house at 8.30pm, the exact time he was slated to come.
The Borneo Post:
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KUALA LUMPUR: The High Court here heard yesterday that former prime minister Datuk Seri Najib Razak signed a draft memorandum concerning the transfer of SRC International Sdn Bhd on the bonnet of a ca...
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KUALA LUMPUR (July 9): The decisions to grant SRC International Sdn Bhd two government guarantees and transfer its ownership to the Ministry of Finance (MoF) Inc to strengthen its applications to borr...
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KUALA LUMPUR (July 9): The court was told today that the Minister of Finance is the Minister of Finance Inc, based on the Ministry of Finance (Incorproration) Act 1975 (Act 375) which was read by the ...
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KUALA LUMPUR (July 9): The decisions to grant SRC International Sdn Bhd two government guarantees and transfer its ownership to the Ministry of Finance (MoF) Inc to strengthen its applications to borr...
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KUALA LUMPUR (July 9): The Malaysia External Trade Development Corporation (MATRADE) is collaborating with Islamic Development Bank (IsDB) to promote business partnerships between local companies and ...
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KUALA LUMPUR: The government has allocated RM79.68 million to be distributed as one-off contribution to 159,368 pensionable and non-pensionable Malaysian Armed Forces (ATM) veterans under the National...
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KUALA LUMPUR (July 9): The first half of 2019 (1H2019) saw fewer Malaysian companies opting to list their companies in stock exchanges overseas, according to the Ministry of Finance (MoF). In a writte...
Malay Mail:
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KUALA LUMPUR, July 9 — The government has allocated RM79.68 million to be distributed as one-off contribution to 159,368 pensionable and non-pensionable Malaysian Armed Forces (ATM) veterans under t...
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KUALA LUMPUR (July 9): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM...
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KUALA LUMPUR (July 9): The government will fund its takeover of four Klang valley highways via bond issuances.
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KUALA LUMPUR (July 8): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM...
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KUALA LUMPUR (July 8): A senior official with the Ministry of Finance (MoF) has testified that former prime minister Datuk Seri Najib Razak had ordered a memorandum detailing SRC International Sdn Bhd...
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KUALA LUMPUR (July 8): The Inland Revenue Board of Malaysia (IRB)'s special voluntary disclosure programme (SVDP) has as at June 23 this year induced 486,360 taxpayers to reveal their undeclared incom...
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KUALA LUMPUR (July 8): Malaysian banks' loan approval rate increased 13% in May this year from a month earlier after Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR) by 25 basis points t...
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KUALA LUMPUR: An additional RM240mil has been allocated for upgrade and repair works of federal roads, says Deputy Works Minister Mohd Anuar Mohd Tahir.
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MALAYSIA can service its trillion-ringgit debt burden, as attested by rating agencies.
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KUALA LUMPUR (July 8): The Inland Revenue Board of Malaysia (IRB)'s special voluntary disclosure programme (SVDP) has as at June 23 this year induced 486,360 taxpayers to reveal their undeclared incom...
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FOCUSED on digitising Malaysia’s F&B and retail merchants, Fave, a Southeast Asian mobile  platform has reported a growth of 276% year-on-year (y-o-y) savings through merchant cashback.
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KUALA LUMPUR (July 8): Malaysian banks' loan approval rate increased 13% in May this year from a month earlier after Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR) by 25 basis points t...
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KUALA LUMPUR: The affirmation of Malaysia’s credit rating by Standard and Poor’s (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutional profile, sound economic fundamentals and prudent debt management.
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THE Ministry of Finance approved a three-year extension to Credit Guarantee Corporation Malaysia Bhd (CGC) to manage the revolving Tabung Projek Usahawan Bumiputera-i (TPUB-i) contract financing scheme up to June 30, 2022.
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Abang Johari fields questions from reporters at the event.
Malaysiakini:
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MP SPEAKS | The Ministry of Finance welcomes S&P Global Ratings’ (Standard and Poor’s) affirmation of Malaysia’s issuer credit rating at A- with a stable outlook on July 3, 2019.
Malay Mail:
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KUALA LUMPUR, July 7 — The affirmation of Malaysia’s credit rating by Standard and Poor’s (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutio...
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The Sarawak government has already discussed with the Federal government through Education Minister Maszlee Malik the proposed RM1 billion contra loan to be allocated for repairs of dilapidated school...
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KUCHING: The Sarawak government has already discussed with the Federal government through Education Minister Dr Maszlee Malik the proposed RM1 billion contra loan to be allocated for repairs of dilapi...
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KUCHING (Bernama): The Sarawak government has already discussed with the Federal Government through Education Minister Dr Maszlee Malik the proposed RM1bil contra loan to be allocated for repairs of dilapidated schools in the state, says Datuk Patinggi Abang Johari Tun Openg.
Malay Mail:
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KUCHING, July 7 — The Sarawak government has already discussed with the Federal government through Education Minister Maszlee Malik the proposed RM1 billion contra loan to be allocated for repairs o...
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Abang Johari responding to reporters when met after officiating the PBB Satok Raya gathering in Kpg Segedup.
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KUALA LUMPUR: The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires, as the RM6.2 billion purchase consideration will be entirely self-finan...
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KUALA LUMPUR (Bernama): The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires, as the RM6.2 billion purchase consideration will be entirely self-financed via the collection of proposed congestion fees, says political secretary to the Finance Minister, Tony Pua.
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KUALA LUMPUR: The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires as the RM6.2 billion purchase consideration will be entirely self-financ...
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The Ministry of Finance insists that the Sarawak government still owes as much as RM2.375 billion to the federal government.
Lowyat.NET:
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As expected, the Ministry of Education (MoE) has responded to the statement that YTL Communications (YTL) has made regarding 1Bestarinet earlier this week.
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The Ministry of Finance Malaysia has announced the updated prices of petrol and diesel fuels starting from 6th of July to 12th July.
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KUALA LUMPUR (July 5): The retail price of RON97 will increase by four sen to RM2.53 per litre from July 6 to July 12, said the Ministry of Finance.