KUALA LUMPUR, Aug 23 — The disbursement of the Sumbangan Tunai Rahmah (STR) Phase Three payment to 8.5 million recipients will begin on Thursday (August 29).

KUALA LUMPUR, Aug 21 — The Housing and Local Government Ministry (KPKT) has submitted 33 proposals worth almost RM1 billion to the Finance Ministry for the 2025 Budget Initiative, said its minister Nga Kor Ming.

KUALA LUMPUR, Aug 16 — The second quarter 2024 (2Q 2024) growth of 5.9 per cent has put Malaysia in a comfortable position to cap off the year with a growth in the upper-end of the government’s official forecast range of 4.0 to 5.0 per cent.

KULIM, Aug 8 — Prime Minister Datuk Seri Anwar Ibrahim today held a Budget 2025 engagement with electrical and electronics (E&E) industry players at the SilTerra Malaysia plant to get feedback from the industry and stakeholders.

KUALA LUMPUR, Aug 8 — Six leading government-linked investment companies (GLICs) collectively pledge to invest RM120 billion in domestic direct investment (DDI) over the next five years, said the Finance Ministry (MOF).

KUALA LUMPUR, Aug 7 — The retail price of diesel in Peninsular Malaysia will be reduced by five sen to RM3.30 per litre from tomorrow until August 14.

KUALA LUMPUR, Aug 6 — The Malaysian economy is on the right track despite the risk of a recession in the United States, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, July 31 — The implementation of targeted diesel subsidies is not expected to have a significant impact on inflation and economic growth, as the government has taken into account the rate of increase in diesel retail price and the cash assistance provided, said the Finance Ministry (MoF).

KUALA LUMPUR, July 30 — The Finance Ministry (MoF) has outlined three short-term priorities for Budget 2025 to achieve the objectives of the Madani Economy.

KUALA LUMPUR, July 30 — The Transport Ministry (MOT) has called on shipping industry players and maritime stakeholders to step forward with ideas and proposals to bolster Malaysia’s competitiveness in the maritime sector.

KUALA LUMPUR, July 25 — Prime Minister Datuk Seri Anwar Ibrahim has refuted claims that the national monetary, fiscal, and budget policies have not been successful in achieving the government’s promise of debt and fiscal deficit reduction.

KUALA LUMPUR, July 22 —The National Fund-of-Funds (NFOF) will be established by October, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

KUALA LUMPUR, July 18 — The government constantly monitors debt service charges (DSC) expenditures and revenue collection performance to ensure the DSC-to-revenue ratio does not exceed 15 per cent, said the Finance Ministry (MoF).

KUALA LUMPUR, July 15 — The takeover offer for Malaysia Airports Holdings Bhd (MAHB) is to be finalised in the third quarter, and needs to be approved by at least 90 per cent of MAHB’s existing shareholders, the Finance Ministry said.

KUANTAN, July 13 — The government has agreed in principle to implement the Variation of Price (VOP) to help contractors facing rising construction materials costs due to the recent targeted diesel subsidy and to ensure projects are completed on time.

KUALA LUMPUR, July 10 — There is no issue that Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is unsustainable following the increase in infrastructure costs reported in the Auditor-General's Report (LKAN), said Transport Minister Anthony Loke.

KUALA LUMPUR, July 10 — The collection of consumption-based tax revenue has decreased following the re-implementation of the sales and service tax (SST) to replace the Goods and Services Tax (GST), according to the Finance Ministry (MoF).

KUALA LUMPUR, July 10 — Implementing the targeted diesel subsidy in Peninsular Malaysia is the first phase move to allow oil companies to develop and complete the necessary facilities and infrastructure, according to the Finance Ministry (MoF).

KUALA LUMPUR, July 10 — Approximately 3.61 million or 27.8 per cent of the total 13.01 million Employees Provident Fund (EPF) members under the age of 55 have chosen to have the initial amount in their Flexible Accounts and have transferred a total of RM11.52 billion as of June 24.

KUALA LUMPUR, July 10 — The Finance Ministry (MoF) has stressed that asset management firm BlackRock Inc was not involved in discussions carried out by members of the consortium led by Khazanah Nasional and the Employees Provident Fund concerning the 30 per cent minority stake in Malaysia Airports Holding Bhd (MAHB).