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KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.
KUALA LUMPUR, July 20 (Bernama) -- The performance of the Retirement Fund (Incorporated) (KWAP) needs to be assessed fairly considering that the retirement fund managed to record a net profit of RM12.9 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, July 18 (Bernama) -- The Retirement Fund (Incorporated) (KWAP) says that it is continuing to pursue all available avenues to maximise the recovery of its investment in eFishery.
KUALA LUMPUR, July 17 (Bernama) -- The value of QR payment transactions by foreign tourists through the Alipay+ ecosystem in Malaysia recorded a significant increase of 89.6 per cent to RM824 million in 2025 compared with RM435 million in the previous year.
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
KUALA LUMPUR, July 16 (Bernama) -- Cryptocurrency and blockchain giant Binance has not been licensed or registered with the Securities Commission Malaysia (SC) to carry out capital market activities in Malaysia, said the Ministry of Finance (MOF).
KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts.
KUALA LUMPUR, July 16 (Bernama) -- Following the implementation of the Work From Home (WFH) policy for federal civil servants, a total of 4.05 million litres of petrol had been saved, resulting in RM7.31 million in subsidy savings as of July 14, 2026.
KUALA LUMPUR, July 16 (Bernama) -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.
KUALA LUMPUR, July 15 (Bernama) -- The government has no plans at present to implement a two per cent wealth tax on wealthy individuals to help finance government expenditure, said the Finance Ministry (MoF).
KUALA LUMPUR, July 15 (Bernama) — The government has refunded RM14.7 billion in excess tax payments involving 3.17 million taxpayer cases as of June 30, 2026, according to the Ministry of Finance (MoF).
KUALA LUMPUR, July 15 (Bernama) --The Federal Government's statutory debt stood at 61.9 per cent of gross domestic product (GDP) as of end-March 2026, still below the statutory limit of 65 per cent, according to the Finance Ministry (MoF).
