GEORGE TOWN, Dec 30 — The Human Resources Ministry (MOHR) is conducting further investigations into the case of 171 Bangladeshi migrant workers who failed to find employment in the country in a recent incident in Bayu Damai at Teluk Ramunia, Johor.

KUALA LUMPUR, Dec 21 — The Human Resources Ministry (KSM) must consider the views of employee unions, especially in implementing the Progressive Wage Policy, said Cuepacs president Datuk Adnan Mat.

KUALA LUMPUR, Dec 5 — The amount of tax from the special Voluntary Declaration Programme (VDP) 2.0 implemented by the Inland Revenue Board (IRB) of Malaysia and the Royal Malaysian Customs Department (JKDM) that was successfully collected until Oct 31 this year is RM128.85 million.

KUALA LUMPUR, Nov 27 — Some 35 per cent of Employees Provident Fund (EPF) members who turned 54 as of January 1 this year have less than RM10,000 in savings, said Deputy Finance Minister Steven Sim Chee Keong.

KUALA LUMPUR, Nov 17 — The Securities Commission Malaysia (SC) received 2,873 scam-related complaints for the third quarter of 2023 compared to 2,461 complaints received last year.

KUALA LUMPUR, Nov 1 — A flexible ringgit exchange rate is crucial in absorbing external shocks and reducing the impact on the domestic economy in the current uncertain global market conditions, said Deputy Finance Minister II Steven Sim Chee Keong.

KUALA LUMPUR, Nov 1 — The government does not intend to peg the ringgit and impose foreign exchange (forex) controls as Malaysia did during the Asian financial crisis in 1998, since it is unsuitable for dealing with current challenges, said Deputy Finance Minister II Steven Sim Chee Keong.

KUALA LUMPUR, Oct 4 — The government will focus on small and medium enterprises (SMEs) in Budget 2024, said Deputy Finance Minister II Steven Sim Chee Keong.

KUALA LUMPUR, Sept 25 — The government still bears a total of RM10.8 billion of electricity subsidy, compared with the original amount of RM14.9 billion, said Deputy Finance Minister II Steven Sim Chee Keong.

KUALA LUMPUR, Sept 25 — The government and Bank Negara Malaysia (BNM) will continue to expand the Local Currency Settlement Framework (LCSF) cooperation with other countries, especially nations that have a high bilateral trade value with Malaysia.

KUALA LUMPUR, 25 Sept — The government is not disputing the goods and services tax (GST), either in terms of its strengths or weaknesses, but rather the timing to implement it, said Deputy Minister of Finance II Steven Sim Chee Keong.

BUKIT MERTAJAM, Sept 23 — The Ministry of Finance (MOF) has received 10,000 feedback from the public through the Budget 2024 proposal portal, said its Deputy Minister II Steven Sim Chee Keong.

By Yasmin Ramlan  SHAH ALAM, Sept 21 — Selangor is regarded as being at the forefront of Malaysia’s economy due to its ability to benefit from and contribute to some of the economic models established by the Federal government, says Deputy Finance Minister II Steven Sim Chee Keong.  Touching...

By Yasmin Ramlan  SHAH ALAM, Sept 21 — The Federal government has allocated RM3 billion for flood mitigation projects in Selangor which can be utilised immediately, Deputy Finance Minister II Steven Sim Chee Keong revealed.  The figure is part of the RM11 billion allocation for the entire...

IPOH, Sept 18 — The time is not right to reintroduce the Goods and Services Tax (GST) as the global economy is still slow, Deputy Finance Minister II Steven Sim Chee Keong said.

SEREMBAN, Sept 12 — Malaysia is on track to achieve a top 12 ranking in the Global Competitiveness Index within 10 years as outlined in the Madani Economy: Empowering People framework.

SUNGAI PETANI, Aug 19 — The government is ready to assist the family of p-hailing rider Muhamad Hafiz Muhamad Saleh, who was among 10 people killed in the air crash in Shah Alam on Thursday, said Deputy Finance Minister Steven Sim Chee Keong.

KUALA LUMPUR, July 10 — Companies from the United States (US) have shown significant interest in exploring greenfield entries into Malaysia, said Deputy Finance Minister II Steven Sim Chee Keong.

KUALA LUMPUR, June 14 – The Capital Markets and Services (Amendment) Bill 2023, which was scheduled for the second reading at the Dewan Rakyat today, has been withdrawn.

KUALA LUMPUR, June 13 — Khazanah Nasional Bhd has never sold the assets of Iskandar Malaysia Studios, but instead only disposed of shares in the studio’s operating company, said Deputy Finance Minister II Steven Sim Chee Keong.