KUALA LUMPUR, Jan 22 (Bernama) -- Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best practices.
KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously.
KUALA LUMPUR, Jan 22 (Bernama) -- A total of 222 complaints regarding medical and health insurance/takaful (MHIT) products from the public were received by Bank Negara Malaysia Laman Informasi Nasihat dan Khidmat (BNMLINK) throughout 2025, according to the Ministry of Finance (MOF).
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- Almost one third of the approximately RM624.97 million disbursed under the Sumbangan Asas Rahmah (SARA) aid programme since Jan 9 has been spent as of Jan 13, indicating its effectiveness in helping low-income groups cope with the cost of living.
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.
KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.
KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).
KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.
KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.
KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).
