Two weeks after the plan was revealed by Prime Minister Muhyiddin Yassin, the Ministry of Finance (MoF) today has revealed early detail regarding the new special purpose vehicle (SPV) that will be res…
Ministry Of Finance Launches Sukuk Prihatin; Malaysia’s First Digital Syariah-Compliant Bond
The Malaysian Ministry of Finance announced the issuance of Sukuk Prihatin, under the National Economic Recovery Plan (PENJANA). The ministry also says this is the country’s first digital sukuk,…
MoF: RM100 Million Allocated To Aid Local Startups Affected By COVID-19
The Ministry of Finance (MoF) is providing funding of RM100 million in an effort to aid Malaysian technology startups affected by the current COVID-19 pandemic. The provision is allocated to Malaysia …
You Have To Spend The RM 30 E-Tunai Rakyat Allocation By 14 March 2020
Earlier today, Khazanah Nasional who has been entrusted by the government to manage the E-Tunai Rakyat program has announced that Boost, GrabPay, and Touch ‘n Go eWallet have been chosen as the offici…
Ministry Of Finance Looking To Increase Taxes On Facebook And Google
The government is looking into a new tax model for internet giants and social media platforms like Google and Facebook. The move is said to be due to the amount of control these companies have over th…
Ministry Of Finance Planning New Tax For Online Business
The Ministry of Finance (MOF) is looking to begin taxing online businesses as soon as next year. Treasury Secretary-General Tan Sri Dr Mohd Serigar Abdullah said that the MOF had requested the Inland …