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KUALA LUMPUR, Feb 23 (Bernama) -- A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.
KUALA LUMPUR, Feb 23 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has largely fulfilled its mandate, supported by growth in underlying asset value, a rising number of Amanah Hartanah Bumiputera (AHB) unitholders and its stable returns.
KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.
KUALA LUMPUR, Feb 23 (Bernama) -- A total of 36 dormant companies with net liabilities amounting to RM1.248 billion require continued support from the government, agencies, or parent companies to settle their respective financial obligations, according to the Auditor-General’s Report 1/2026 released today.
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.
KUALA LUMPUR, Feb 4 (Bernama) -- The government’s fiscal deficit calculation should not be questioned as it is reported in line with international standards recognised by global credit rating agencies and multilateral bodies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.
KUALA LUMPUR, July 23 (Bernama) -- The Ministry of Finance (MoF) will conduct a comprehensive review of improvements should the Selected Pre-Qualified Open Tender Procurement Method (Selected Pre-Q Procurement) be reintroduced in the future.
KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.
KUALA LUMPUR, Feb 24 (Bernama) -- Nine Employees Provident Fund (EPF) subsidiaries had suffered losses for three consecutive years since 2021, with total losses in 2023 amounting to RM224.21 million.
KUALA LUMPUR, Feb 24 (Bernama) -- SME Corporation Malaysia (SME Corp) spent development grants beyond its allocated funds, resulting in a RM7.96 million debit balance.
KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.
