![Collection of consumption-based tax lower after SST reimposition - MoF Collection of consumption-based tax lower after SST reimposition - MoF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-04/71713588822_KementerianKewangan.jpg)
Collection of consumption-based tax lower after SST reimposition - MoF
The Ministry of Finance states that the average annual SST collection was 51.6% lower than GST due to the smaller scope of the SST.
Wed Jul 10 2024
![3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF 3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/41718180469_BangunanKumpulanWa.jpg)
3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF
According to the Ministry of Finance, a total of RM5.12 billion has been transferred to the Retirement Account.
Wed Jul 10 2024
![How blended finance initiatives can align capital behind climate action How blended finance initiatives can align capital behind climate action](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/71720070270_tbFinance.jpg)
How blended finance initiatives can align capital behind climate action
Blended finance faces challenges due to intricate negotiations, high transaction costs, and diverse reporting requirements.
Fri Jul 05 2024
![A-G’s Report: MPN misused funds, exhibited unsatisfactory corporate governance A-G’s Report: MPN misused funds, exhibited unsatisfactory corporate governance](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-10/51604158388_majlisprofesornega.jpg)
A-G’s Report: MPN misused funds, exhibited unsatisfactory corporate governance
LKAN reveals that MPN financed the operations of two private companies, amounting to RM373,516, creating a conflict of interest.
Thu Jul 04 2024
Consider This: Are We All Financialised? How Modern Finance Shapes Our World
A recent report by Khazanah Research Institute (KRI), ‘The Financialisation of Our Lives: Values and Trade-offs,’ helps to shed light on how financial systems, which were initially designed to fuel economic growth, are now fuelling household debt. With the proliferation of financial schemes like Buy Now Pay Later, how do modern financial practices affect our daily lives and long-term financial health? On this episode of #ConsiderThis Melisa Idris speaks to Dr Suraya Ismail, Director of Research at Khazanah Research Institute, and Shereen Hazirah Hishamudin Senior Research Associate at KRI.
Tue Jul 02 2024
![National Finance Council should be more transparent in its conduct National Finance Council should be more transparent in its conduct](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/41719569362_TBKABINETPUTRAJAYA.jpg)
National Finance Council should be more transparent in its conduct
The National Finance Council should be more transparent in its conduct when deliberating issues of national interest, an expert suggests
Fri Jun 28 2024
![Applications for refunds under SKDS 2.0 open on July 1 - MOF Applications for refunds under SKDS 2.0 open on July 1 - MOF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/61718609767_diesel.jpg)
Applications for refunds under SKDS 2.0 open on July 1 - MOF
The government will begin accepting applications for refunds from recipients of the Subsidised Diesel Control System (SKDS) 2.0 on July 1.
Fri Jun 28 2024
![PM calls for digital procurement review to align with national strategy PM calls for digital procurement review to align with national strategy](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/51719285552_tbAnwarIbrahim.jpg)
PM calls for digital procurement review to align with national strategy
PM Datuk Seri Anwar Ibrahim has instructed the Finance Ministry and the Digital Ministry to postpone and streamline all pending digital-related procurements.
Tue Jun 25 2024
![BNM's international reserve rise to US$114.1 bln as at June 14, 2024 BNM's international reserve rise to US$114.1 bln as at June 14, 2024](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/51719206459_tbBANKNEGARA.jpg)
BNM's international reserve rise to US$114.1 bln as at June 14, 2024
Bank Negara Malaysia said the reserves position was sufficient to finance 5.5 months of imports of goods and service.
Mon Jun 24 2024
![No reason for logistics business to raise prices - Amir Hamzah No reason for logistics business to raise prices - Amir Hamzah](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/71718188753_AmirHamzahAzizan.jpg)
No reason for logistics business to raise prices - Amir Hamzah
There is no reason for the logistics sector to raise prices that will burden the people following the implementation of the Subsidised Diesel Control System (SKDS) 2.0, said Finance Minister II Datuk
Wed Jun 12 2024
![Fleet card limit based on volume of diesel purchase - Lim Fleet card limit based on volume of diesel purchase - Lim](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-04/41712139219_TBLIMHUIYINGjpg.jpg)
Fleet card limit based on volume of diesel purchase - Lim
Lim Hui Ying said details on the utilisation of the fleet card will be announced by Finance Minister II Datuk Seri Amir Hamzah Azizan.
Tue Jun 11 2024
![Govt commits RM100 mln to foster innovation in Islamic finance - PM Govt commits RM100 mln to foster innovation in Islamic finance - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/61716875778_tbAnwarIbrahimGFI.jpg)
Govt commits RM100 mln to foster innovation in Islamic finance - PM
Transformation is not only about addressing gaps, it is also about embracing and adapting to the future, says Datuk Seri Anwar Ibrahim.
Tue May 28 2024
![MoF wants new LEAP Market measures to be ready by early next year MoF wants new LEAP Market measures to be ready by early next year](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/71715324760_AmirHamzahAzizan.jpg)
MoF wants new LEAP Market measures to be ready by early next year
Finance Minister II Datuk Seri Amir Hamzah Azizan said the measures to revitalise the LEAP market should be ready by early next year.
Thu May 23 2024
![Kevin Costner jokes about blocking Cannes yachts to finance 'Horizon' films Kevin Costner jokes about blocking Cannes yachts to finance 'Horizon' films](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/51716268017_KevinCostner.jpg)
Kevin Costner jokes about blocking Cannes yachts to finance 'Horizon' films
The Hollywood star has already taken out a mortgage on 10 acres of his waterfront property in California to help fund the film project.
Tue May 21 2024
![Daim applies for case to be heard by another judge Daim applies for case to be heard by another judge](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-01/51706507497_TBTunDaimZainuddin.jpg)
Daim applies for case to be heard by another judge
Former Finance Minister Tun Daim Zainuddin has requested for his case to be heard by another Sessions Court judge.
Thu May 09 2024