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Sat, 21 Sep 2019, 10:46 AM
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Topic: The Finance Ministry

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School repairs: Selection process based on physical condition
BINTANGOR (Sept 16): The selection of schools for the project to repair dilapidated schools in Sarawak will be made based on their physical conditions said Works Minister Baru Bian.
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Loke seeks more allocation for travel passes in Budget 2020
KUALA LUMPUR: The Finance Ministry should provide more allocations for the My50 and My100 unlimited monthly travel passes in Budget 2020, given the success...
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MoF ready to act if second Samurai bond issuance is continued
PUTRAJAYA: The Finance Ministry (MoF) is ready to act if the second Samurai bond issuance is continued.
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MoF to ensure SRC’s upcoming interest payment of RM43m is made to KWAP
KUALA LUMPUR: The Ministry of Finance (MoF) will ensure a sufficient allocation is made available to settle SRC International Sdn Bhd’s (SRC) upcoming interest payment of RM43.02 million to the Reti...
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Finance Ministry to ensure RM43m SRC payment made to KWAP
The Finance Ministry will ensure a sufficient allocation is made available to settle SRC International Sdn Bhd’s (SRC) upcoming interest payment of RM43.02 million to the Retirement Fund Incorporate...
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Budget 2020: Public urged to continue giving suggestions on website
GEORGE TOWN: The Finance Ministry has urged the public to continue sending their suggestions and ideas for Budget 2020 as part of the government’s efforts to draft a people’s budget.
The Borneo Post:
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Budget 2020: Public urged to continue giving suggestions on website
Datuk Wira Amiruddin Hamzah – Bernama file photo GEORGE TOWN: The Finance Ministry has urged the public to continue sending their suggestions and ideas for Budget 2020 as part of the government’s...
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Public urged to continue giving suggestions for Budget 2020 on website
GEORGE TOWN (Aug 29): The Finance Ministry has urged the public to continue sending their suggestions and ideas for Budget 2020 as part of the government’s efforts to draft a people’s budget.
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Open tender for Perak-Penang raw water transfer project
BUTTERWORTH: The Finance Ministry has decided to go with a Request for Proposal (RFP) open tender on the proposed collaboration between the public and private sectors in the supply of raw water from P...
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Ministry orders probe into Bernama’s finances
GEORGE TOWN: The Finance Ministry today ordered an investigation into the Malaysian National News Agency (Bernama), following reports that the latter had to dip into staffs EPF allocation in order to ...
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MySalam is non-profit insurance scheme: MOF
KUALA LUMPUR: The Finance Ministry (MOF) today emphasised that the MySalam scheme is a non-profit health insurance scheme and will not benefit any private insurance company.
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MOF : MySalam is non-profit insurance scheme
KUALA LUMPUR (Aug 6): The Finance Ministry (MOF) today emphasised that the MySalam scheme is a non-profit health insurance scheme and will not benefit any private insurance company.
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Malaysian PM Mahathir denies highways takeover plan on hold
KUALA LUMPUR: Malaysian Prime Minister Mahathir Mohamad on Thursday (Aug 1) refuted reports that the proposed RM6.2 billion (US$1.49 billion) takeover of four highway concessionaires by the government...
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Dr Mahathir denies proposed takeover of highways put on hold
PUTRAJAYA (Aug 1): Prime Minister Tun Dr Mahathir Mohamad today denied that the proposed RM6.2-billion takeover of four highway concessionaires has been put on hold pending a review.
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Mahathir confirms highway acquisitions postponed (Updated)
PUTRAJAYA: The government has put on hold its plan to acquire four tolled highways in the Klang Valley as it needs to reconsider its capability to finance the takeover.
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Dr Mahathir denies proposed takeover of highways put on hold
PUTRAJAYA (Aug 1): Prime Minister Tun Dr Mahathir Mohamad today denied that the proposed RM6.2-billion takeover of four highway concessionaires has been put on hold pending a review.
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Report: Proposed highway buyouts on hold for review
KUALA LUMPUR, July 31 — The Finance Ministry’s proposal to acquire highway toll concessions for RM6.2 billion has been paused for a re-examination of the offered price, according to government sou...
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Finance Ministry approves RM1bil to upgrade scanner facilities at 72 entry points
LABUAN (Bernama): The Finance Ministry has approved a substantial allocation of almost RM1bil to upgrade scanner facilities in key locations of the country's entry points.
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‘Finance ministry respects PAC recommendations’
PUTRAJAYA: The Finance Ministry respects the two main recommendations of the Public Accounts Committee (PAC) that the violation of the laws and non-compliance of regulations on the repayment of Goods ...
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Finance ministry respects PAC recommendations: Guan Eng
PUTRAJAYA: The Finance Ministry respects the two main recommendations of the Public Accounts Committee (PAC) that the violation of the laws and non-compliance of regulations on the repayment of Goods ...
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PAC confirms previous govt illegal use of tax money: Lim
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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PAC confirms previous govt illegal use of tax money – Lim
Lim Guan Eng speaking to reporters at the Parliament in Kuala Lumpur.
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We will respect PAC recommendations on GST, says Lim
PETALING JAYA: The Finance Ministry will ensure that there is no repeat of what happened with the GST refunds during the Baraisan Nasional government's tenure, says Finance Minister Lim Guan Eng.
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Guan Eng: Neither I nor Finance Ministry ordered seizure of RM1bil from CPP’s bank accounts
KUALA LUMPUR: The Finance Ministry did not issue any instructions to seize more than RM1bil in funds from state-owned China Petroleum Pipeline Engineering Ltd (CPP), says Lim Guan Eng.
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Finance minister says govt checking MCA-linked Kojadi’s other funding sources
KUALA LUMPUR, July 11 — Putrajaya will be looking into whether Koperasi Jayadiri Malaysia Berhad (Kojadi) received other funds from the Treasury under the Najib administration after the MCA public-l...
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Finance Ministry makes preliminary objection to PLUS Malaysia takeover
KUALA LUMPUR: The Finance Ministry has made a preliminary objection against Maju Holdings Sdn Bhd's takeover of PLUS Malaysia Bhd, after taking consideration the views of main shareholders Khazanah Nasional Bhd and Employees Provident Fund (EPF).
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MCA: Clarify details of tolled highway takeover
PETALING JAYA: The Finance Ministry should clarify the details of the tolled highway takeover in Parliament, says MCA deputy Youth chief Tan Chee Hiong.
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Price of RON97 rises four sen, but RON95 and diesel are unchanged
KUALA LUMPUR: The Finance Ministry (MOF) today announced that the retail price for RON97 has risen four sen to RM2.53 per litre, for the period July 6 until 12 beginning midnight tonight.
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Finance Ministry grants three year extension of financing scheme benefitting bumiputera entrepreneurs
PETALING JAYA: The Finance Ministry has approved a three year extension to Credit Guarantee Corporation Malaysia Berhad (CGC) to manage Tabung Projek Usahawan Bumiputera-i (TPUB-i) contract financing ...
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MoF may have set year-end target for HK asset sale
PETALING JAYA: The Finance Ministry (MoF), in a meeting with local and foreign agents earlier this week, is believed to have set a year-end deadline for the sale of the Malaysian consulate building in Hong Kong, sources say.
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Stamp duty exemption for HOC first-time homebuyers extended for 6 months until Dec 31
KUALA LUMPUR (June 30): Putrajaya as agreed to extend the Home Ownership Campaign (HOC) for another six months from July 1, 2019 until 31 Dec 31, 2019, the Minister of Finance Lim Guan Eng announced i...
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Guan Eng: Incentives for first-time homebuyers extended for six months
KUALA LUMPUR, June 30 — National Home Ownership Campaign 2019 (HOC 2019) is extended for another six months until 31 December 2019, the Finance Minister Lim Guan Eng announced today.
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Why is Finance Ministry now seeking an agent to sell consulate building in Hong Kong, asks Wee
PETALING JAYA: The Finance Ministry has been asked why it is now looking for an agent to sell the Malaysian consulate building in Hong Kong instead of using an open tender method.
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Finance Ministry must be transparent in stating cost for four highways
SEREMBAN: The Finance Ministry must specifically state the cost to take over four tolled highways in the Klang Valley for transparency purposes.
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Witness: Call to expedite SRC loan memorandum made under pressure
KUALA LUMPUR (Bernama): The Finance Ministry's strategic investment deputy secretary told the High Court here on Thursday (June 20) that she was told to prepare documents for a memorandum to the Cabinet on the government's guarantee for a RM2bil loan to SRC International Sdn Bhd.
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Fuel prices for next two weeks : RON97 down 13 sen, no change for RON95, diesel
KUALA LUMPUR: The Finance Ministry today announced that the retail price of RON97 petrol will go down by 13 sen to RM2.63 per litre while petrol prices for RON95 and diesel will remain unchanged, at R...
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Fuel prices: RON97 up 8 sen, no change for RON95, diesel
KUALA LUMPUR: The Finance Ministry today announced that the retail price of RON97 petrol will go up by eight sen to RM2.76 per litre, while petrol prices for RON95 and diesel will remain unchanged, at...
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Guan Eng: NFC still owes the govt over RM250mil
PETALING JAYA: The National Feedlot Corporation (NFC) still owes the government over RM250mil, says Finance Minister Lim Guan Eng.
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Fuel prices: RON97 down 2 sen, RON95, diesel unchanged
KUALA LUMPUR: The Finance Ministry today announced that the retail price of RON97 petrol will come down two sen to RM2.68 per litre, while petrol prices for RON95 and diesel will remain unchanged at R...
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RON97 comes down 10 cents, RON95 and diesel unchanged: MoF
KUALA LUMPUR (May 10): The Finance Ministry today announced that the retail price of RON97 petrol will come down 10 cents a litre to RM2.70 per litre while petrol prices for RON95 and diesel will rema...
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RON97 down 10 sen, RON95 and diesel unchanged — MoF
KUALA LUMPUR (May 10): The Finance Ministry today announced that the retail price of RON97 petrol will come down 10 sen a litre to RM2.70 per litre while petrol prices for RON95 and diesel will remain...
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Fuel prices: RON97 comes down 10 cents, RON95 and diesel unchanged
KUALA LUMPUR: The Finance Ministry today announced that the retail price of RON97 petrol will come down 10 cents a litre to RM2.70 per litre, while petrol prices for RON95 and diesel will remain uncha...
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Repatriated assets to be used to pay off 1MDB debt
PETALING JAYA: The government will use the repatriated US$322mil (RM1.3bil) in 1Malaysia Development Bhd assets from the US Department of Justice (DOJ) and S$50mil (RM152mil) from Singapore to repay 1MDB debts of RM51bil, said Finance Minister Lim Guan Eng.
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Guan Eng: Repatriated 1MDB assets will be used to repay debts
PETALING JAYA: The government will use the repatriated US$322mil (RM1.34bil) in 1MDB assets from the United States and SG$50mil (RM152.4mil) from Singapore to repay 1MDB debts of RM51bil, says Finance Minister Lim Guan Eng.
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Teresa Kok: Palm oil export duty tax-exemption from today until Dec 31
SANDAKAN: The Finance Ministry has agreed to place a tax-free exemption on the export duty on crude palm oil from May 1 until Dec 31, says Primary Industries Minister Teresa Kok.
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MoF approves RM42 mil in monsoon aid for Sabah smallholders
PUTRAJAYA (April 26): The Finance Ministry has approved an additional allocation of about RM42 million for distribution to 70,000 smallholders in Sabah as monsoon season aid payment of RM600 each.
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No conflicting data given by MOF, BNM on federal govt debt: Amiruddin
KUALA LUMPUR: The Finance Ministry (MOF) and Bank Negara Malaysia (BNM) did not release conflicting data on the federal government’s direct debt, according to Deputy Finance Minister Datuk Ir Amirud...
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No data conflict between Finance Ministry, Bank Negara on debt
PARLIAMENT | The Finance Ministry and Bank Negara did not release conflicting data on the federal government's direct debt, Deputy Finance Minister Amiruddin Hamzah said today.
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Finance Ministry: Departure levy only for those flying out of country
KUALA LUMPUR: The Finance Ministry has clarified that the Departure Levy will only be imposed on those flying out of the country.
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MoF to table departure tax bill in Dewan Rakyat for first reading
KUALA LUMPUR (April 8): The Finance Ministry is slated to table the Departure Levy Bill 2019 for its first reading in Dewan Rakyat, according to an order paper today.
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MoF: No change in RON95, RON97, diesel prices
KUALA LUMPUR (April 5): The Finance Ministry (MoF) said today retail prices for RON97 and RON95 petrol remain at RM2.63 and RM2.08 per litre respectively for the April 6 to 12 period based on the gove...
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MoF: No change in RON95, RON97, diesel prices
KUALA LUMPUR (April 5): The Finance Ministry (MoF) said today retail prices for RON97 and RON95 petrol remain at RM2.63 and RM2.08 per litre respectively for the April 6 to 12 period based on the gove...
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121 BN-era projects greenlit after renegotiated savings of RM806m
Finance Minister Lim Guan Eng said today that 121 BN-era projects will proceed after renegotiations resulted in cost savings of RM805.99 million.
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Finance Ministry tables Supplementary Supply Bill for RM15.49bil
KUALA LUMPUR: The Finance Ministry has tabled the Supplementary Supply Bill (2018) requesting over RM15.49bil to cover expenses.
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Government Has Yet To Finalize Targeted Petrol Subsidy Mechanism
Deputy Minister in the Domestic Trade and Consumer Affairs Ministry (KPDHEP) Chong Chieng Jen has provided a timely update on the status of the targeted petrol subsidy mechanism.
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Finance Minister hopes ECRL negotiations will finish by next month (Updated)
KUALA LUMPUR: The Finance Ministry is hopeful that negotiations on the price of the East Coast Rail Link (ECRL) project can be wrapped up by next month.
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‘MoF has final say on hospital’
GEORGE TOWN: The Finance Ministry has the final say on any new hospital to be built in Semenyih, says Health Minister Datuk Seri Dr Dzulkefly Ahmad.
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Finance Ministry gives RM5 million for printing and distributing Quran
PUTRAJAYA (Feb 28): The Finance Ministry today handed over a RM5 million allocation to Restu Foundation for the management of the printing and distribution of the Quran by the Nasyrul Quran Complex he...
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Gov't announces RM100 cash aid for university students
Some 1.2 million tertiary-level students are expected to receive RM100 cash aid by the end of next month under the Higher Education Student Aid (BPPT) programme.
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More than 900,000 applications for Bantuan Sara Hidup 2019 so far
PUTRAJAYA (Feb 20): The Finance Ministry has received more than 900,000 applications for the Bantuan Sara Hidup (BSH) 2019 cash aid since it was opened on Feb 1.
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Govt reinstates aid for singles, RM100 each for three million
PETALING JAYA: The Finance Ministry has reinstated the cost of living aid (Bantuan Sara Hidup or BSH) for singles.
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Finance Ministry not paying for top cops' trip to Turkey — Lim
PUTRAJAYA (Feb 13): The Finance Ministry did not pay for the trip to Turkey by Inspector-General of Police Tan Sri Mohamad Fuzi Harun and several other high-ranking Royal Malaysian Police (PDRM) offic...
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Guan Eng's aide rips 'selective' criticism of funding for private colleges
An aide to Finance Minister Lim Guan Eng has taken aim at the opposition's "selective" criticism of the Finance Ministry's RM2 million allocation to the nonprofit private Southern University College.
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Malaysians contribute $67m to help pay national debt
PETALING JAYA • Tabung Harapan Malaysia, a fund started by the Malaysian government to collect money from the public to help pay the national debt, has officially closed after eight months.
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Malaysia's Hope Fund officially closes with over S$67m
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Tabung Harapan Malaysia or Hope Fund Malaysia has officially closed, collecting more than RM202 million (S$67.1 million) in about eight months.
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MOF lodges report over ‘Tabung Haji only umrah provider’ claim
The Finance Ministry today denied that it had issued any order for Muslims in the country to only go through Tabung Haji if they want to perform the umrah (minor pilgrimage).
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Petrol prices unchanged, diesel up 1 sen
Petrol prices will remain unchanged after midnight today, while the price of diesel will go up by 1 sen.The Finance Ministry confirmed that RON95 petrol will remain at RM1.98 per litre, while RON97 pe...
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mySalam plugs protection gap but lacks clarity — Galen Centre
KUALA LUMPUR (Jan 25): The Finance Ministry's newly-launched mySalam B40 national protection scheme will help plug the protection gap to ensure a higher proportion of the population is financially ins...
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Ti: Don't use Finance Ministry as Pakatan's agency to attack political foes
PETALING JAYA: The Finance Ministry should not be used to launch attacks against political foes, says MCA vice-president Datuk Seri Ti Lian Ker.
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Finance Ministry puts on hold decision to reduce Sarawak UTC hours
MIRI: The Finance Ministry has apparently put on hold the decision to reduce the operating hours of Urban Transformation Centres (UTCs) from 8am-7pm to 8am-5pm.
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Petrol prices up 6 sen, diesel up 12 sen
Petrol prices will go up six sen at midnight tonight, while the price of diesel will go up by 12 sen.The Finance Ministry confirmed that RON95 petrol will cost RM1.98 per litre, while RON97 petrol wil...
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Works ministry to receive additional RM90 million for slope maintenance works
TAPAH (Jan 18): The Works Ministry will receive an additional allocation of RM90 million from the Finance Ministry for slope maintenance works to be carried out along the federal roads throughout t...
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Works Ministry to receive additional RM90m for slope maintenance works
TAPAH: The Works Ministry will receive an additional allocation of RM90 million from the Finance Ministry for slope maintenance works to be carried out along the federal roads throughout the country.
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Putrajaya appoints four companies to help raise RM7.5b samurai bonds
PUTRAJAYA, Jan 18 ― The Finance Ministry has appointed four organisations as joint lead arrangers to spearhead efforts to raise ¥200 billion (RM7.52 billion) in samurai bonds in Japan.
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Groups concerned over healthcare financing system
KUALA LUMPUR: The Finance Ministry is targeting to announce more details on the Health Protection Fund by this month but concerned parties have complained that they have not be consulted about the scheme and are concerned it will affect the country’s healthcare financing system.
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Direct negotiations to get DLP textbooks
PUTRAJAYA : The Finance Ministry (MOF) has given special approval for the acquisition of textbooks for the Dual Language Programme (DLP) through direct negotiations.
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Don't you owe us RM2.5b? - Lim fires back at S'wak minister
Finance Minister Lim Guan Eng has taken aim at a Sarawak minister for claiming the federal government neglected to pay the state its share of 2018 tourism tax revenue, despite purportedly owing the fo...
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Guan Eng slams Sarawak over tourism tax accusations
PETALING JAYA: The Finance Ministry has slammed Sarawak's Tourism Minister over allegations that the federal government has distributed the tourism tax revenue to Sabah but not Sarawak.
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Raja Azmi appointed group CEO of MAHB
PUTRAJAYA: The Finance Ministry has announced the appointment of Raja Azmi Raja Nazuddin as Malaysia Airports Holdings Bhd’s (MAHB) group chief executive officer for three years, effective immediately.
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Fuel prices drop
KUALA LUMPUR: The Finance Ministry has announced a reduction in the retail prices of RON95 and RON97 petrol, as well as diesel, to RM1.93 per litre, RM2.23 per litre, and RM2.04 per litre respectivel...
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Exemption to help boost housing market
GEORGE TOWN: The Finance Ministry’s exemption of stamp duty for first-time homebuyers for properties up to RM1mil will help spur the housing market, says Penang state exco member Jagdeep Singh Deo.
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