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KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.
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KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Finance (MoF) said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
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KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
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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 13 (Bernama) -- The government has been asked to review corporate tax reliefs especially for companies that record windfall profits but maintain a very large salary gap between top management and the lower-level employees.
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KUALA LUMPUR, Oct 10 (Bernama) -- The government has taken an unprecedented step by adding 20.23 hectares of Melayu reserve land in Bandar Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 10 (Bernama) -- A total of RM40 million has been allocated through investments by government-linked investment companies (GLIC) and government-linked companies (GLC) to accelerate the process of scaling up high-potential bumiputera companies, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 10 (Bernama) -- The government will intensify its support for high-value sectors, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 10 (Bernama) -- A total of RM2.4 billion has been allocated specially for G1 to G4 bumiputera contractors to drive the bumiputera economic agenda through the Bumiputera Economic Transformation Plan 2035 (PuTERA35).
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KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that RM230 million has been allocated to Amanah Ikhtiar Malaysia (AIM) in Budget 2026 to continue providing financing for women entrepreneurs.
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KUALA LUMPUR, Oct 10 (Bernama) -- Thanks to scientific findings, Malaysia has succeeded in countering Western criticism of palm oil through increased exports, especially to China and India, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said excise duties for cigarette and alcohol products will be raised effective Nov 1, 2025 under the Budget 2026.