KUALA LUMPUR, Aug 3 — The majority of residents in Selangor will enjoy the benefits of the development of the East Coast Rail Link (ECRL) soon, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, June 10 — The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

KUALA LUMPUR, June 2 — Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, May 28 — Foreign analysts remain optimistic about the prospects of a strong ringgit recovery in the near future, Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.

KUALA LUMPUR, May 26 — Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.

KUALA LUMPUR, April 14 — Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz and Health Minister Khairy Jamaluddin provided their statements in the MySejahtera Application Development and Procurement proceedings to the Public Accounts Committee (PAC), today.

KUALA LUMPUR, April 8 — The government has disbursed RM20.64 billion to 357,639 employers through the Wage Subsidy Programme (PSU) as of March 25, 2022, to retain 2.96 million local workers and reduce the unemployment rate among Malaysians.

KUALA LUMPUR, April 1 — The government has disbursed RM20.630 billion to 357,618 employers through the wage subsidy programme (PSU) up to March 18, 2022, which has helped to sustain 2.96 million local jobs in an effort to reduce the unemployment rate.

KUALA LUMPUR, March 14 — The Employees Provident Fund (EPF) dividend rate should have been higher at 6.7 per cent compared with the 6.1 per cent announced recently if there were no outflow of savings by its members.

KUALA LUMPUR, March 10 — Malaysia’s low petrol retail price could make way for petrol smuggling activities due to the significant retail price difference among its neighbouring countries, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, March 3 — Banks can impose restrictions on any customer or bank account suspected of being involved in account misuse or criminal activity, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

GEORGE TOWN, Feb 11 — The growing momentum of gross domestic product (GDP) and foreign direct investment (FDI) registered in 2021 are pointing towards an economic recovery year for Malaysia this year.

PUTRAJAYA, Jan 27 — The Malaysia Sustainable Development Goals Foundation (MySDG Foundation), which launched today, will be a platform for better coordination of grants from various sources.

KUALA LUMPUR, Jan 26 — The Ministry of Finance (MoF) is confident that the Royal Malaysian Customs Department will be able to achieve its target of collecting between RM1 billion and RM2 billion under the VA Programme from early this year until September 30, 2022.

KUALA LUMPUR, Jan 21 — The government has channelled RM20.147 billion to 357,429 employers through its wage subsidy programme (PSU) that has helped to keep 2,951,854 jobs in an effort to reduce the unemployment rate.

KUALA LUMPUR, Jan 20 — The Finance Ministry is considering providing grants to small and medium enterprises (SMEs) and micro-entrepreneurs affected by the 2021/2022 Northeast Monsoon floods.

KUALA LUMPUR, Jan 20 — The government has so far channelled over RM125 million to the states affected by the floods to coordinate the disbursement of the compassionate cash aid (BWI) and BWI death assistance to heads of households (KIR).

KUALA LUMPUR, Jan 20 — The Finance Ministry (MoF) said the Northeast Monsoon 2021/2022 flood disaster that hit the country in December last year has caused an estimated RM4 billion to RM8 billion reduction in the economic sector’s production value.

KUALA LUMPUR, Dec 21 — The Dewan Negara today unanimously approved the Supply Bill 2022 (Budget 2022), after it was tabled for third reading by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Oct 29 — A total of 1.3 million civil servants of Grade 56 and below will receive a one-off special financial assistance of RM700 as a token of appreciation for their contributions in public service delivery throughout the year.