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).
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).
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.
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).
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).
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.
KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Feb 23 (Bernama) -- The asset position of 143 out of 145 federal agencies increased by 5.5 per cent to RM2.838 trillion in 2024, compared with RM2.690 trillion the previous year, according to the Auditor-General’s Report (LKAN) 1/2026 tabled in the Dewan Rakyat today.
BALIK PULAU, Feb 15 (Bernama) -- The Ministry of Finance (MOF) will continue to work with the Ministry of Domestic Trade and Cost of Living (KPDN) to examine mechanisms related to developments in the prices of imported goods following the strengthening of the ringgit.
KUALA LUMPUR, Feb 13 (Bernama) -- Strong domestic demand helped Malaysia outperform expectations, lifting fourth-quarter 2025 GDP to a three-year high of 6.3 per cent and full-year growth to 5.2 per cent, above the government’s forecast, said the Ministry of Finance (MOF).
KUALA LUMPUR, Feb 11 (Bernama) -- Micro, small, and medium enterprises (MSMEs) will not face any penalties for any non-compliance with e-invoicing requirements during the transition period, provided that they adhere to the specified guidelines.
KUALA LUMPUR, Feb 11 (Bernama) -- Bases on current assessments, no outstanding regulatory issues have been identified so far in relation to Binance that would require the Securities Commission Malaysia (SC) to take action, according to the Ministry of Finance (MOF).
