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Thursday, June 20, 2019

Tag: MOF

Why have GLC reforms not taken off, asks think tank

IDEAS says there is a need for greater transparency and accountability in the reforms.

Guan Eng gives 8 reasons why country’s economy remains strong

Finance minister cites well-performing Bursa, low unemployment, low inflation, healthy surplus and strong ringgit as some of these strong fundamentals.

CEO of Felda’s FGV suspended after internal probe

The company is investigating members of its board and management over its business practices.

Petron applied to be fuel provider during BN’s era, says MoF

The ministry of finance says the fact that negotiations began under former prime minister Najib Razak’s leadership shows there is no nepotism involved.

Greenlight for Petron to supply fuel undermines Petronas, says Najib

Umno leaders question the decision to allow Petron to provide fuel to government vehicles alongside Petronas and Shell.

Finance ministry terminates Prasarana CEO

Masnizam Hisham is told to step down eight months after her appointment.

Azmin’s ministry denies usurping finance ministry’s powers

The ministry clarifies that it only absorbed agencies previously under the prime minister's department.

Najib says PH should explain ‘missing’ RM18 bil in GST refunds

Former PM says Pakatan Harapan was already in power when requests to transfer funds to the GST claims trust account for April and May were made.

PKA in talks with finance ministry on debt restructuring

Transport Minister Anthony Loke Siew Fook says this is because the Port Klang regulator wants to avoid diminishing its cash reserves.

Asri Hamidon appointed SSER chairman

An executive committee (exco) led by accounting firm Grant Thornton Malaysia will be responsible for Suria Strategic Energy Resources Sdn Bhd's operations.

Finance ministry orders suspension of 3 mega projects

Finance Minister Lim Guan Eng says Prime Minister Dr Mahathir Mohamad gave the instruction after seeking advice from the attorney-general.

SSER didn’t secure rights from Petronas, says Guan Eng

The finance minister says MACC has raided the company and the ministry has taken control of its offices.

MOF: Harga RON95, diesel ditetapkan pada RM2.20, RM2.18 seliter

Menteri Kewangan, Lim Guan Eng berkata, tanpa subsidi harga RON95 dan diesel akan meningkat kepada RM2.53 dan RM2.51 seliter.

Guan Eng minta Najib jawab pelaburan 1MDB AS$8.33 bilion

Menteri Kewangan berkata daripada berbahas sama ada pembayaran sebanyak RM6.98bilion kepada 1MDB langkah menyelamat atau tidak, 'lebih produktif' jika Najib menjawab beberapa persoalan baru.

1MDB bailout is the largest ever, says Guan Eng

Finance Minister hits back at Najib Razak for denying that the government had bailed out its investment arm.

Art questions 1MDB ‘paper-shifting exercise’

The commentator asks why Finance Ministry assets, owned under its subsidiary 1MDB, were transferred to itself.

Kementerian sahkan laporan BNM, Khazanah bayar hutang 1MDB

MoF mendedahkan yang kementerian itu membuat bayaran bagi pihak 1MDB berjumlah RM6.97 bilion kerana 1MDB tidak mampu membayar hutang.

Khazanah tiada kawalan halang kerajaan guna wang bayar hutang 1MDB

Dana pelaburan strategik kerajaan itu berkata ia tidak mempunyai sebarang kawalan terhadap penggunaan RCCPS bernilai RM3.0 bilion sebaik ia ditebus MOF.

1MDB: Debt now at RM30bn, backed by RM43bn assets

Company head Arul Kanda tells CNBC that 1MDB has not defaulted on any loan obligation.

MOF Inc to jointly develop TRX Tower with The Mulia Group

MOF Inc says completion of TRX Tower would serve as a catalyst for development and construction of the surrounding commercial plots within TRX.

IPIC v 1MDB: A mind-boggling settlement

Writer questions unfavourable terms in 1MDB-IPIC settlement, and government's apparent U-turn on fighting the case.

Pua: Cover-up of land sale price shows it’s another secret bailout...

The MP says this can be the only reason the finance minister refuses to reveal the price Aroma Teraju paid 1MDB for TRX land, especially as both companies are owned by the government.

Kementerian: Irwan tidak pernah kata miskin kerana malas

Kementerian Kewangan berkata Irwan hanya menekankan sifat positif jika mahu berjaya dalam perniagaan.

Finance ministry: Irwan never said poverty was due to laziness

Ministry says the Treasury sec-gen had only emphasised the importance of practising positive traits so that Malaysians could succeed in business.

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