KUALA LUMPUR, May 10 ― Bursa Malaysia’s all-time high indicates measures under the Madani framework are building investor confidence, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan. Bursa Malaysia’s key index, the FTSE Bursa Malaysia KLCI (FBM KLCI), recently breached 1,600 points, the highest level in two years, with the bourse achieving an … Read more
KUALA LUMPUR – Kementerian Kewangan dan Bank Negara Malaysia (BNM) akan menganjurkan Global Forum of Islamic Economics and Finance (GFIEF) dari 28 hingga 29 Mei 2024 di Pusat Konvensyen Kuala Lumpur, Malaysia. GFIEF dianjurkan dengan kerjasama Suruhanjaya Sekuriti Malaysia, Lembaga Perkhidmatan Kewangan Labuan, International Islamic Liquidity Management Corporation, Islamic Development Bank, Islamic Financial Services Board … Read more
KUALA LUMPUR, April 1 — Finance Minister II Datuk Seri Amir Hamzah Azizan has reiterated the government’s steadfast commitment to maintaining the stability and resilience of the ringgit. He highlighted Bank Negara Malaysia’s (BNM) continuous efforts to uphold stability in the domestic foreign exchange market, noting that aside from vigilant monitoring of financial markets, BNM … Read more
KUALA LUMPUR, March 30 — The government has continued to engage with relevant stakeholders to finalise details of the high-value goods tax (HVGT), including the scope of goods and associated thresholds. This is to ensure the effectiveness of the tax without adversely affecting the people’s economy, said the Finance Ministry (MoF). “Ultimately, the Madani government … Read more
KUALA LUMPUR, March 27 — The government will improve the implementation method of the Sumbangan Asas Rahmah (Sara) and consider expanding it in the future, said Deputy Finance Minister Lim Hui Ying. She said that based on the feedback obtained from stakeholders and recipients, Sara has provided them with numerous benefits, as it is a … Read more
KUALA LUMPUR, March 27 — The government and Bank Negara Malaysia (BNM) are continuing to take various remedial measures to strengthen the value of the ringgit, including ensuring that the domestic foreign exchange market remains orderly, said the Ministry of Finance (MOF). The government and BNM will also take necessary measures, including interventions, to limit … Read more
KUALA LUMPUR, March 19 — Additional aid and subsidies from an additional amount of RM23 billion presented through the Supplementary Supply Bill (2023) 2024 show the government’s commitment to helping the people cope with the rising cost of living, said Finance Minister II Datuk Seri Amir Hamzah Azizan. The bill involves the disbursement of an … Read more
KUALA LUMPUR, March 18 –The Ministry of Finance (MoF) is in the final stages of finalising several policies regarding the high value goods tax (HVGT). The ministry, through a reply on the Parliament’s website, said the policies will be carefully studied and determined to ensure that they do not have additional impacts on low-income groups. … Read more
NEW YORK, March 10 — Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address. At the Museum of American Finance gala, billionaire Ken Griffin welcomed attendees on enormous video screens in Manhattan’s art deco-style Ziegfeld Ballroom. Mark Carney, chair of … Read more
KUALA LUMPUR, March 6 — The Retirement Fund Inc’s (KWAP) total gross fund size has reached RM190.3 billion as at December 31, 2023, following adjustment for a cumulative withdrawal of RM20.5 billion for the partial funding of the government’s annual pension duties since 2018. The Ministry of Finance (MoF) said KWAP’s unaudited consolidated fund as … Read more
