Govt expected to continue fiscal consolidation measures to reduce debt
KUALA LUMPUR, Oct 21 — The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported...
Parliament: Govt backbenchers allowed more questions for oral answers
KUALA LUMPUR, Oct 14 — Dewan Rakyat Speaker Tan Sri Johari Abdul allowed more questions to be asked by government backbenchers today in the top...
Government must explore new growth areas immediately, improve export performance
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...
No need for govt to reintroduce GST at this point — Deputy Minister
SIBU, Sept 6 — The government has not reached a stage where it would need to reintroduce the goods and services tax (GST), said Deputy...
Gradual increase in OPR does not cause significant impact, says deputy finance minister
KUALA LUMPUR, Aug 9 — The gradual increase in the Overnight Policy Rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1...
RM145 bln EPF savings withdrawn under Covid-related withdrawal programmes
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,...
Parliament passes three bills relating to windfall profit, sales and service tax
KUALA LUMPUR, Aug 4 — Parliament today approved the Windfall Profit Levy (Amendment) Bill 2022 to amend the Windfall Profit Levy Act 1998. The bill,...
Dewan Rakyat passes departure levy, goods vehicle levy amendment bills
KUALA LUMPUR, Aug 3 — The Dewan Rakyat today passed the Departure Levy (Amendment) Bill 2022 to amend the Departure Levy Act 2019 (Act 813)....
Ringgit should be valued holistically, not just versus US dollar
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,...
Amendments to seven bills under Finance Ministry tabled in Parliament
KUALA LUMPUR, July 20 — Amendments to seven bills under the Finance Ministry were tabled for the first reading in Parliament today. The bills are...
Dewan Negara passes Supplmentary Supplies (2021) Bill 2022
KUALA LUMPUR, March 29 — The Dewan Negara today passed the Supplementary Supply (2021) Bill 2022 for the additional expenditure for services in 2021 amounting...
Dewan Rakyat approves Supplementary Supply Bill
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...