KUALA LUMPUR, Nov 27 — Malaysia Rail Link Sdn Bhd (MRL) has been asked to promptly assess flood-affected areas, particularly on the East Coast, to determine whether the construction of the East Coast Rail Link (ECRL) has contributed to the disaster.

KUALA LUMPUR, Nov 26 — The Finance Ministry (MOF) has emphasised that the targeted rationalisation of diesel subsidies starting in June this year is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July.

KUALA LUMPUR, Nov 26 — The Public Accounts Committee (PAC) has recommended that the Rural and Regional Development Ministry (KKDW), Majlis Amanah Rakyat (Mara), Mara Corporation Sdn Bhd (Mara Corp), and Mara Inc align all investment proposals, especially high-value property acquisitions, with government policies and prioritise domestic investments.

KUALA LUMPUR, Nov 26 — The Finance Ministry (MOF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies Act 2010 (Act 710).

KUALA LUMPUR, Nov 20 — A total of 7,900 companies have used the e-invoicing system and 87 million e-invoices have been issued as of November 19, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, Nov 11 — The trend of declining fiscal deficit reflects the government’s commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023.

KUALA LUMPUR, Nov 6 — The government will begin disbursing the final payment of the Sumbangan Tunai Rahmah (STR) for this year to 8.7 million registered recipients in stages tomorrow.

JERTIH, Nov 2 — The government will expand the Kampung Angkat Madani programme to 200 villages nationwide next year, up from 100 villages this year.

KUALA LUMPUR, Oct 28 — A total of 872,000 or 10.2 per cent of active Employees Provident Fund (EPF) members have made voluntary contributions amounting to RM9.39 billion as of August 31 this year.

KUALA LUMPUR, Oct 23 — A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of October 14, 2024, according to the Finance Ministry (MOF).

KUALA LUMPUR, Oct 21 — The introduction of a two per cent tax on dividend income exceeding RM100,000 for individual shareholders, beginning in the 2025 assessment year, reflects an equitable contribution towards Malaysia’s tax revenue by different segments, said Treasury secretary-general Datuk Johan Mahmood Merican.

KUALA LUMPUR, Oct 21 — The government is considering using databases linked to identification cards, along with e-wallets and debit cards, as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.

KUALA LUMPUR, Oct 18 — Headline inflation is expected to range between two per cent to 3.5 per cent in 2025, and remains manageable with the easing of global supply constraints and the moderation of global commodity prices.

KUALA LUMPUR, Oct 18 — Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Finance Ministry (MOF).

KUALA LUMPUR, Oct 18 — The Federal government's revenues are estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MOF).

KUALA LUMPUR, Oct 16 — The government is taking steps to diversify the domestic economic portfolio to reduce the deficit in the workers' compensation account, said the Finance Ministry (MOF).

KUALA LUMPUR, Oct 16 — The Federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, said the Finance Ministry (MOF).

SEPANG, Sept 26 — The Youth and Sports Ministry (KBS) will double its efforts in sending backup athletes to international tournaments, hoping they will gain much-needed exposure and experience, said its minister Hannah Yeoh.

KUALA LUMPUR, Sept 11 — The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by 15 sen, to RM3.25 and RM3.01 per litre respectively, from tomorrow until Wednesday (September 18).

PETALING JAYA, Aug 27 — The Investment, Trade, and Industry Ministry (Miti) and Higher Education Ministry will present proposals on talent development to the Finance Ministry to be included in Budget 2025 to support the nation’s development of artificial intelligence (AI).