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).
KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.
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.
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
By Nur Fadhliana Shaari
JOHOR BAHRU, Feb 28 (Bernama) -- The government will examine the impact on the country’s economy following attacks by Israel and the United States on Iran, said Economy Minister Akmal Nasruallah Mohd Nasir.
KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).
KUALA LUMPUR, Feb 26 (Bernama) -- A total of 115 companies will be recognised as smart factories by the end of this year through the Smart Tech Up programme, said the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, Feb 26 (Bernama) -- The Dewan Rakyat today passed the Supplementary Supply (2025) Bill 2026 for RM7.94 billion in additional service expenditure from the Consolidated Fund.
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 25 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable in the near term at around RM4,000 per tonne, supported by strengthening demand amid Indonesia’s plan to implement the B50 biodiesel mandate, according to the Malaysian Palm Oil Board (MPOB).
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).
