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KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.
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KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Nov 5 (Bernama) -- The number of Sumbangan Asas Rahmah (SARA) partner stores increased to 8,700 outlets as of Nov 3, 2025, up from 700 outlets in 2024, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Nov 3 (Bernama) -- The Inland Revenue Board (LHDN) does not allow companies to offset excess tax payments against future tax liabilities, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Nov 3 (Bernama) -- More than 13.1 million people, or nearly 80 per cent of the 16.5 million eligible Malaysians, have benefited from the BUDI MADANI RON95 (BUDI95) initiative implemented in September, with sales reaching RM2.66 billion or 1.33 billion litres up to Oct 31.
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KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia remains committed to strengthening its economic partnership with China under the Belt and Road Initiative (BRI), Deputy Finance Minister Lim Hui Ying said.
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KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) has strengthened transparency in the handling of appeals of closed bank accounts by requiring financial institutions to issue written notices to affected account holders, said the Finance Ministry.
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KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).
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KUALA LUMPUR, Oct 8 (Bernama) -- The government’s efforts to implement fiscal consolidation to reduce the deficit have succeeded in saving RM20 billion in borrowings over two years, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Oct 8 (Bernama) — The government is still reviewing and studying a proposal to introduce a new structure for the Employees Provident Fund (EPF) accounts that would be implemented on contributors reaching the minimum retirement age, said Deputy Finance Minister Lim Hui Ying.
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BUKIT KAYU HITAM, Sept 29 (Bernama) -- NCT Group of Companies (NCT Group), in collaboration with Northern Gateway (NGX), has launched the RM1.10 billion gross development value (GDV) Managed Integrated Smart Industrial Park, NCT InnoSphere, in Kedah.
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KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.