35 pct of 54-year-old EPF members have savings below RM10,000
KUALA LUMPUR, Nov 27 — Some 35 per cent of Employees Provident Fund (EPF) members who turned 54 as of January 1 this year have...
Securities Commission receives nearly 3,000 scam-related complaints in third quarter
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...
Flexible ringgit exchange rate vital to absorb external shocks
KUALA LUMPUR, Nov 1 — A flexible ringgit exchange rate is crucial in absorbing external shocks and reducing the impact on the domestic economy in...
No plans to peg ringgit — Deputy minister
KUALA LUMPUR, Nov 1 — The government does not intend to peg the ringgit and impose foreign exchange (forex) controls as Malaysia did during the...
Budget 2024 to focus on SMEs, says deputy minister
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....
Govt still providing RM10.8bln electricity subsidy — Minister
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,...
Malaysia to expand local currency framework with high-trade-value countries
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,...
Not the right time to bring back GST — Minister
KUALA LUMPUR, 25 Sept — The government is not disputing the goods and services tax (GST), either in terms of its strengths or weaknesses, but...
Budget 2024 portal receives 10,000 public feedback — Minister
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...
Selangor a frontline state for Malaysian economy, says Deputy Finance Minister
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...
Flood mitigation: RM3 bln for Selangor’s immediate use, says deputy minister
By Yasmin Ramlan SHAH ALAM, Sept 21 — The Federal government has allocated RM3 billion for flood mitigation projects in Selangor which can be utilised...
Not the right time to reimplement GST as the global economy is slow — Deputy minister
IPOH, Sept 18 — The time is not right to reintroduce the Goods and Services Tax (GST) as the global economy is still slow, Deputy...