KUALA LUMPUR, Feb 4 — Malaysia must shift to high-value products like oleochemicals and biodiesel rather than just relying on crude palm oil (CPO) exports without a solid value-added strategy, said Paya Besar MP Datuk Mohd Shahar Abdullah.

KUALA LUMPUR, Oct 21 — The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is expected to fall to RM80 billion by 2025.

KUALA LUMPUR, Oct 14 — Dewan Rakyat Speaker Tan Sri Johari Abdul allowed more questions to be asked by government backbenchers today in the top 10 positions for the oral question and answer session.

KUALA LUMPUR, Feb 27 — Immediate action to explore new growth areas must be undertaken in tandem with the empowerment of the main sectors, said Paya Besar assemblyman Datuk Mohd Shahar Abdullah.

SIBU, Sept 6 — The government has not reached a stage where it would need to reintroduce the goods and services tax (GST), said Deputy Finance Minister I Datuk Mohd Shahar Abdullah.

KUALA LUMPUR, Aug 9 — The gradual increase in the Overnight Policy Rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah.

KUALA LUMPUR, Aug 8 — The impact of the Covid-related withdrawal programmes on the Employees Provident Fund (EPF) members' savings are estimated at RM155 billion, the Dewan Negara was told today.

KUALA LUMPUR, Aug 4 — Parliament today approved the Windfall Profit Levy (Amendment) Bill 2022 to amend the Windfall Profit Levy Act 1998.

KUALA LUMPUR, Aug 3 — The Dewan Rakyat today passed the Departure Levy (Amendment) Bill 2022 to amend the Departure Levy Act 2019 (Act 813).

KUALA LUMPUR, July 26 — An assessment of the ringgit’s position and growth needs to be done holistically to determine the local currency’s actual performance, instead of merely measuring it against the United States (US) currency which is on the rise compared to most world currencies.

KUALA LUMPUR, July 20 — Amendments to seven bills under the Finance Ministry were tabled for the first reading in Parliament today.

KUALA LUMPUR, March 29 — The Dewan Negara today passed the Supplementary Supply (2021) Bill 2022 for the additional expenditure for services in 2021 amounting to RM8,413.5 million.

KUALA LUMPUR, March 22 — The Dewan Rakyat today approved the Supplementary Supply (2021) Bill 2022 to apply for the extra allocation of RM8.4 billion for additional expenditure in 2021.

KUALA LUMPUR, March 17 — The Supplementary Supply Bill (RUU) (2021/2022) that provides for, among others, the usage of funds from the Consolidated Fund for additional expenditure for the year 2021, was tabled for the first time in Parliament today.

KUANTAN, Jan 30 — Only 4,227 applications for automotive aid with an estimated claim value of RM5.47 million have been received from flood victims nationwide through the official portal https://bantuanautomotif.hasil.gov.my since it was launched on January 18.

KUALA LUMPUR, Dec 23 — The Ministry of Finance Ministry (MoF) will extend the payment period for special assistance until Jan 31, 2022, said Deputy Finance Minister I Datuk Mohd Shahar Abdullah.

KUALA LUMPUR, Dec 15 — The Dewan Rakyat today passed the Finance Bill 2021 with a majority voice vote.

KUALA LUMPUR, Nov 9 —The Finance Bill 2021, involving amendments to eight acts to implement the Budget 2022 measures, was tabled for the first reading in Parliament today.

KUALA LUMPUR, Dec 7 — The government's total debt and liability exposures are estimated to be RM1.257 trillion, or 87.3 per cent of the Gross Domestic Product (GDP), as at the end of September 2020, said Deputy Finance Minister II Mohd Shahar Abdullah.

KUALA LUMPUR, Oct 26 — The assimilation of financial literacy elements in lifestyle and day-to-day affairs is now becoming increasingly important in the era of the Covid-19 pandemic, according to Deputy Finance Minister II Mohd Shahar Abdullah.