KUALA LUMPUR, April 15 — Finance Minister II Datuk Seri Amir Hamzah Azizan is leading the Malaysian delegation to a meeting with investors in New York, the United States (US) from April 14 to April 16.

KUALA LUMPUR, April 4 — The government, through the National Finance Council (NFC), has agreed to increase the grants and financial support for each state this year, with a total allocation of RM8.9 billion.

KUALA LUMPUR, April 1 — The Dewan Negara has passed two Bills under the Finance Ministry: the Supplementary Supply Bill (2023) 2024 and the Supply Bill (Reallocation of Expenditure Allocation) 2024.

PUTRAJAYA, April 1 — Payments for Phase Two of the Sumbangan Tunai Rahmah (STR) to 8.4 million recipients will begin on Wednesday (April 3).

KUALA LUMPUR, March 31 — The Finance Ministry (MoF) has refined the scope for service tax exemptions to alleviate the direct impact on the rakyat’s living cost and cascading tax incidences in the logistics sector.

KUALA LUMPUR, March 27 — The government and Bank Negara Malaysia (BNM) are continuing to take various remedial measures to strengthen the ringgit's value, including ensuring that the domestic foreign exchange market remains orderly, said the Finance Ministry (MOF).

KUALA LUMPUR, March 27 — The government will improve the implementation of the Sumbangan Asas Rahmah (Sara) aid and consider expanding it in the future, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, March 27 — The Federal government’s 2024 revenue is projected to increase to RM312.159 billion after taking into account Budget 2024 tax measures, contributed by higher tax revenue collection and better economic growth.

KUALA LUMPUR, March 26 — The Dewan Rakyat has passed the Unclaimed Moneys (Amendment) Bill 2024 today by a majority vote.

KUALA LUMPUR, March 26 — The Dewan Rakyat passed the Supply (Reallocation of Appropriated Expenditure) Bill 2024 today by a majority vote.

KUALA LUMPUR, March 19 — Additional aid and subsidies from a RM23 billion additional amount presented via the Supplementary Supply Bill (2023) 2024 is indicative of the government’s commitment to helping the people cope with rising living costs, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, March 19 — The government has always taken a cautious approach to reforming the national tax system, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, March 18 — The recent depreciation of the ringgit was largely driven by the strengthening of the United States dollar (USD) and the uncertainty of China’s economic growth, according to the Finance Ministry (MOF).

KUALA LUMPUR, March 14 — The Supply (Reallocation of Appropriated Expenditure) Bill 2024 was presented for the first reading at the Dewan Rakyat sitting today to request additional expenditure for this year's services, amounting to RM648.54 million.

KUALA LUMPUR, March 13 — The retail prices for RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05, and RM2.15 per litre, respectively, from tomorrow until March 20.

KUALA LUMPUR, March 6 — The Retirement Fund Inc's (KWAP) total gross fund size has reached RM190.3 billion as of last year, following adjustment for a cumulative withdrawal of RM20.5 billion for the partial funding of the government's annual pension duties since 2018.

KUALA LUMPUR, March 6 — The government is expected to collect RM3.45 billion in additional revenue from expanding the service tax's scope and increasing the service tax from six per cent to eight per cent, said the Finance Ministry.

KUALA LUMPUR, March 6 — Bank Negara Malaysia (BNM) is increasing engagement efforts and monitoring the conversion of export proceeds into ringgit by exporting companies in its efforts to strengthen the the local currency's value.

DENGKIL, March 6 — The Subsidised Diesel Control System 2.0 (SKDS 2.0) for land transport, which starts tomorrow, will involve five oil companies and nine types of vehicles, said Domestic Trade and Cost of Living (KPDN) Minister Datuk Armizan Mohd Ali.

KAJANG, March 6 — Malaysia’s property market recorded over 399,000 transactions worth nearly RM200 billion in 2023, a 2.5 per cent increase in terms of the number of transactions and a 9.9 per cent growth in terms of value compared to 2022.