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Friday, June 21, 2019

Tag: treasury

Treasury official’s secretary remanded over RM1.5 million bribe

She allegedly received the bribe from a company which wanted a tender for the sale of a piece of government property in Hong Kong.

Top Trump official calls bankers, will convene “Plunge Protection Team”

The Treasury says Mnuchin will convene a call on Monday with the president's Working Group on Financial Markets.

Earnings season flop leaves a short list of stock market saviours

Rather than provide comfort, earnings have become a source of anxiety, with next year’s estimates falling for the first time this year.

Futures drop as bond yields gain on producer price data

US Treasury yields advanced after the data, holding near multi-year highs hit after a recent string of healthy economic data fanned fears of rising inflation and faster interest rate hikes.

Asia stocks open mixed; US Treasuries steady post Fed

Treasury 10-year yields held declines and the dollar wavered as the FOMC statement provided fodder for differing viewpoints.

Let police probe RM16 billion tax refunds, says Irwan Serigar

The former Treasury secretary-general says officers in the Cash Flow Committee under the finance ministry should also be consulted on the matter.

Accused Russian agent Butina met with US Treasury, Fed officials

The two meetings reveal a wider circle of high-powered connections that Butina sought to cultivate with American political leaders and special interest groups.

Italy asks EU for 6-month extension of bad loan guarantees

Under Tria’s predecessor, the Treasury had already signalled its intent to seek an extension to the plan, which expires on Sept. 6.

Report: Biggest firms may be moved out of Treasury control

Petronas, Khazanah Holdings, Felda, Tabung Haji among those speculated to come under Economic Affairs Ministry.

RM400 Raya bonus: Parliament must approve first

Treasury says the funds for the bonus were not allocated in the 2018 Budget approved last October and the extra expenditure must receive approval in a Supplementary Supply Bill.

With hope and patriotism, they give to debt fund

Donors tell FMT that although they could only donate small amounts to Tabung Harapan Malaysia, their contributions were made with love of country.

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.

SST postponed, zero GST starts June 1

Finance Ministry reminds traders to reduce prices on goods and services that carry the 6% GST rate.

We’re willing to face facts, LGE says to Najib

Finance Minister responds to former prime minister's criticism by saying the new government is willing to call a spade a spade about the country's RM1 trillion government debt.

Here it is: RM1,087.3 billion in debts and liabilities

Treasury releases a breakdown of the federal government's official debt, commitment to guaranteed loans, and lease payments due on private-partnership projects.

Guan Eng reminds Arul: You’re still 1MDB staff

Finance Minister says the 1MDB president is the only employee of the company, which is solely owned by the ministry.

Irwan tight-lipped after grilling by Elders

Former Treasury head spends more than two hours being questioned by prime minister's advisers about scandal-ridden government company.

LGE: I’m Malaysian, don’t see myself as Chinese

Lim Guan Eng's response after being named the first Malaysian Chinese in 44 years to hold the powerful position of finance minister.

US sanctions on Russia coming soon

Mnuchin pushed back against the idea that Trump is trying to block the sanctions in response to Russia's meddling in the 2016 US presidential election, saying Trump is "fully supportive."

Apple’s US$38 billion tax bill? They have 8 years to pay

A former Congressional Budget Office director says people should not expect a one-time, massive infusion of cash to the Treasury.

We’re still negotiating on Bandar Malaysia, says Irwan

Treasury secretary-general Irwan Siregar gives 'update' on 1MDB-owned project in Kuala Lumpur, saying that he will inform the press when the time comes.

Italian magistrates investigate whether ex-Treasury official sold secrets

Italian magistrates are investigating whether Susanna Masi sold confidential government information to Ernst & Young.

The stark divide between public and private varsities in Malaysia

If public universities were properly, fairly and efficiently run, there would be no place for private universities in the country.

Debt to federal govt: Penang, Selangor owe the least

Over RM4 billion in arrears owed to the federal government in 2016, says latest audit report.

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