KUALA LUMPUR, Nov 27 Nov — The Dewan Negara today passed the Malaysian Inland Revenue Board (IRB) (Amendment) Bill 2023, with amendments at the committee stage via a majority voice vote.

KUALA LUMPUR, Nov 27 — The Rahmah Cash Aid programme (STR) or any cash or non-cash aid programme will have a high impact on the B40 lower-income group that will, in turn, stimulate the economy through their spending activities, said Deputy Minister of Finance I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Nov 27 — The implementation of targeted subsidies under consideration now is not expected to increase costs for existing industries, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

PONTIAN, Nov 25 — The government still has a balance of funds from Budget 2023 involving development expenditure (DE) and operating expenditure (OE), which should be used until the year's end.

PUTRAJAYA, Nov 23 — The Employees Provident Fund’s Shariah savings assets will be completely separated from conventional savings assets, effective January 1, 2024.

KUALA LUMPUR, Nov 21 (Bernama) -- Financial literacy efforts still need a lot of improvement, especially at the school level so that the people are not financially illiterate, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Nov 20 — The government needs to build a robust social protection system for a more resilient society for Malaysians to be able to handle the next economic shock without having to raise a white flag, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Nov 6 — The proposal to grant toll exemption in conjunction with the Deepavali celebration this weekend is still under discussion, the Dewan Rakyat was told.

KUALA LUMPUR, Nov 4 — The ringgit’s value versus the US dollar should not be used as the sole gauge of the state of the economy, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 26 — The government will continue implementing an open tender process with prequalification selection to expedite important public projects, said Deputy Finance Minister I, Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 23 — The ringgit extended its decline to close lower against the US dollar on Monday as the 10-year US Treasury yield hit five per cent while geopolitical tension in the Middle East further spurred a risk-off sentiment.

KUALA LUMPUR, Oct 23 — External factors continue to drive the performance of the ringgit and regional currencies, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 23 — The government is finalising details on the withdrawal access for the proposed Employees Provident Fund (EPF) Flexible Account, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 20 — Malaysia needs to use the local currency in trade activities to ensure the value of the ringgit and the country's economy continues to be strong at the global level, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 18 — The Pangkalan Data Utama (Padu) system is able to streamline the implementation of government assistance more widely and comprehensively, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 17 — The government has created the tax identification number (TIN) and e-invoice to overcome revenue leakage and reduce Malaysia's shadow economy's size.

KUALA LUMPUR, Oct 11 — The Dewan Rakyat has passed the Inland Revenue Board of Malaysia (Amendment) Bill 2023 via a majority voice vote today.

KUALA LUMPUR, Oct 11 — The government plans to enact new laws specifically for government open tenders, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 10 — The Public Finance and Fiscal Responsibility Bill 2023 (RUU KATF 2023) is expected to improve the legal framework for public finance and complement the Financial Procedure Act 1957 (ATK 1957).

KUALA LUMPUR, Oct 9 — The Public Finance and Fiscal Responsibility Bill (RUU) 2023 was presented for the first reading in the Dewan Rakyat today.