RON95 Subsidy Drops To RM1.8 Bln In 4Q 2025
KUALA LUMPUR, March 5 (Bernama) -- RON95 subsidies for the fourth quarter (4Q) of 2024 amounted to RM3 billion, before declining to RM1.8 billion in 4Q 2025, according to the Ministry of Finance (MoF).
There are 194 news based on search keyword " mof"
Federal Grants To State Governments Expected To Hit RM10.5 Bln This Year – PM Anwar
PUTRAJAYA, March 5 (Bernama) -- The National Finance Council (NFC) has agreed to increase the grants provided by the federal government to state governments, with the total amount expected to reach RM10.5 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.
Diesel Subsidy Expenditure Drops To RM6.2 Bln In 2025, Generate Savings Of RM4 Bln -- MoF
KUALA LUMPUR, March 3 (Bernama) -- The actual expenditure on diesel subsidies decreased to RM6.2 billion in 2025 compared to RM10.1 billion in 2024, resulting in savings of about RM4 billion.
RM452 Mln Deferred Funds Held In Trust Until Dec 31, 2025 -- MoF
KUALA LUMPUR, March 3 (Bernama) -- The total deferred funds held by AmanahRaya are RM452 million as of Dec 31, 2025.
More Than One Billion E-invoices Issued To Date - MoF
KUALA LUMPUR, March 2 (Bernama) -- Since the implementation of e-invoicing began on Aug 1, 2024, a total of 204,928 traders have submitted e-invoices, involving the issuance of more than one billion e-invoices overall to date, according to the Ministry of Finance (MOF).
BNPL Loans Under Control, Expected To Remain At 0.3 Pct Of Total Household Debt -- MoF
KUALA LUMPUR, March 2 (Bernama) -- The risk associated with consumer loans under the Buy Now, Pay Later (BNPL) scheme remains under control and is expected to stay at 0.3 per cent of Malaysia’s total household debt, according to the Ministry of Finance (MOF).
Govt To Ensure Public Financial Management Objectives Result In Better Fiscal Outcomes - MoF
KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
Credit Providers, Credit Service Providers Require Licensing, Registration Effective June 1
PUTRAJAYA, March 2 (Bernama) -- Credit providers and credit service providers are required to meet licensing requirements and register with the Consumer Credit Commission (CCC) effective June 1, 2026, in line with the Consumer Credit Act 2025 (Act 873) (CCA).
Malaysian Insurance Sector Set For Major Reforms Under Reset Initiatives
KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.
SC Finalising Scope, Licensing Requirements For Cash Trust Schemes
KUALA LUMPUR, Feb 24 (Bernama) -- The Securities Commission Malaysia (SC) is finalising the framework to clarify the scope and licensing requirements for cash trust schemes investing in capital market products, said the Finance Ministry of Finance Malaysia (MoF).
IRB Issues Nearly 200,000 CP500 Notices For RM1.1 Bln In Taxes - MOF
KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).
MOF Will Dissolve Dormant MKD Companies After Financial Obligations Resolved -- Liew Chin Tong
KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.