KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.
PETALING JAYA, June 6 (Bernama) -- The government is using a sound risk management approach by diversifying energy supply sources to ensure the country's energy supply is sufficient, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Siti Noor Afera Abu
KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MoF) has confirmed that guidelines have been issued to ministries and agencies to restructure operating expenditure.
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.
KUALA LUMPUR, April 18 (Bernama) -- Malaysia still needs to import crude oil despite having its own oil production because domestic consumption is much higher, at about 700,000 barrels per day, compared to the 350,000 barrels produced per day, according to the Finance Ministry (MoF).
KUALA LUMPUR, April 15 (Bernama) -- The price of diesel in Sabah, Sarawak, and the Federal Territory of Labuan is maintained at RM2.15 per litre because diesel is not just fuel, but a lifeline for daily activities.
KUALA LUMPUR, April 8 (Bernama) -- The Ministry of Finance (MOF) said Malaysia's pump fuel prices have not declined as they are determined based on the previous week’s average prices, not current levels, despite a drop in global crude oil prices.
PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.
KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.
KUALA LUMPUR, March 11 (Bernama) -- The government, through Bank Negara Malaysia (BNM), ensures that financial markets remain orderly and the country’s financial system remains resilient amid global uncertainties through continuous market surveillance, according to the Finance Ministry (MoF).
KUALA LUMPUR, March 11 (Bernama) -- The proposal to allow i-Lindung withdrawals from the Employees Provident Fund (EPF) Akaun Sejahtera (Account 2) for base medical and health insurance/takaful (MHIT) purchase is currently being studied, the Finance Ministry (MoF) said.
