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4y

Tax cuts may hit govt revenue, but will boost economy: Tengku Zafrul

He says move announced in Budget 2023 would have positive multiplier effect on economy

4y

Binance loses US$100 mil in crypto to scammers

Company managed to freeze 80% of assets, issue caused by exploit in system, says chief

4y

Absence of prosperity tax augurs well for capital market: Bursa

Analysts would have consensus forecast earnings per share growth rate of 11.5%, says chairman

4y

Four major telcos take up equity stakes in DNB

Celcom, Digi, YES, TM take up 65% in shares, govt to retain 35% and hold golden share

4y

Putrajaya aims to mitigate spillover effects from Russia-Ukraine war

The two countries among top producers for chicken feed ingredients, conflict causes costs to go up

4y

[UPDATED] Govt to introduce carbon tax soon: Tengku Zafrul

RM10 million in matching grants will be given out to SMEs, says finance minister

4y

Ringgit tracks lower against US dollar

Greenback’s safe-haven currency appeal continues to strengthen amid risk-off sentiment

4y

Budget 2023: SMEs get full stamp duty exemption, tax cuts

First RM100,000 earned by such enterprises to only be calculated at 17%, instead of current 15%

4y

Equity market to provide wider chances for alternative savings: MoF

Net foreign inflows of RM8.2 bil, locally purchased shares worth RM1.8 bil from Jan-Aug

4y

M’sia’s external debt rises to RM1.12 tril due to ringgit slump

Higher interbank borrowings also a factor, says Finance Ministry

4y

1MDB’S financial obligations stand at RM31.6 BLN as of end-June 2022: MoF

Outstanding debt reduced to RM25.9 bil following 1MDB Energy Ltd settlement in May 2022

4y

MoF envisages 4.4% reduction in govt revenue by 2023

This is due to anticipated lower non-tax collection, says ministry in report

4y

BNM international reserves fall to US$106.1 bil as of Sept 30

They can finance 5.6 months of imports of goods and services, says central bank