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6 Foolproof Ways to Lower Your Electricity Bill in 2019 (#6 Will Pleasantly Surprise You!)
Do you dread the day your electricity bill arrives in your mail? Do you start searching for the calculator on your phone or go straight to your bank’...
How to Finance Home Improvements Without Busting the Bank
Got a big credit card bill from buying home furnishings or paying for home improvements? Here are some ways of reducing the burden. Maybe you’ve jus...
Banks Should Be More Flexible in Lending - Lim Guan Eng
Finance Minister Lim Guan Eng says the government may introduce a windfall tax for banks unless they turn more flexible in giving out loans. “We want ...
Malaysia Govt Should Closely Monitor Large Household Debt - IMF
International Money Fund (IMF) expressed that Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as...
Bank Pembangunan Cleaning Up After Accused of Lax Lending
Finance Minister Lim Guan Eng has expressed confidence in newly appointed Bank Pembangunan Malaysia Bhd chairman Datuk Zaiton Mohd Hassan’s ability to tu...
Guan Eng: Malaysia’s 1% Inflation Proves SST Mitigated Price Increases
Finance Minister Lim Guan Eng said yesterday Malaysia’s 2018 inflation at 1% versus 2017’s 3.8% is proof that the sales and service tax (SST) played a ...
Malaysia’s Money Supply to Grow 5.5pc in 2019 - RHB Research
RHB Research Institute expects Malaysia's money supply (M3) to grow at 5.5 per cent this year, as compared to eight per cent in 2018. In a research note...
EPF Revises List of Unit Trust Funds for 2019/2020
The Employees Provident Fund (EPF) said a total of 382 funds were approved under the EPF Members Investment Scheme (EPF MIS) for the 2019/2020 period but o...
Malaysia Economy Is Going Strong - Guan Eng
Malaysia's economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019, albeit, a decline in inflatio...
Malaysia Achieves Record Direct Tax Collection of RM13.72b in 2018
The Inland Revenue Board of Malaysia achieved a new record in direct tax collection last year, with RM13.723 billion collected, which is 11.13% more than ...
Surplus Budget of RM105.32mil
The State Government has proposed a RM4.16 billion budget for 2019 with a surplus of RM105.32 million – the fifth consecutive surplus budget for Sabah si...
5 Useful Financial Tips to Implement for Home Ownership
You may think that you are ready to finally purchase your dream home, but unfortunately your bank account might beg to differ. Buying a property is a huge ...
LRT 3 Project to Resume at Fixed Price of RM11.8 Billion
MRCB George Kent Sdn Bhd (MRCB-GK) has received a letter of appointment from Prasarana Malaysia Bhd for the proposed Light Rail Transit Line 3 (LRT 3) proj...
Government Says New Tax Won't Burden People
The new tax to be announced in the 2019 Budget tomorrow will not burden the people, said Deputy Finance Minister Amiruddin Hamzah. He said the introduct...
Ministry Plans to Seek Share of Tourism Tax
The Ministry of Tourism, Arts and Culture plans to apply for a certain amount of allocation from the revenue collected from tourism tax to be used as addit...
State to Finance Marudi Waterfront Project
The Sarawak government has decided to finance the construction of the RM23 million Marudi Waterfront after Putrajaya announced the project would be postpon...
We May Have to Come Up With New Taxes, Says Dr M
Putrajaya may need to devise new taxes in order to pay off the country's huge debts, according to Prime Minister Dr Mahathir Mohamad. He said there had ...
Are Housing Loan Approvals Showing the True Picture?
As Malaysia's central bank, Bank Negara acts to promote monetary and financial stability and ensures that we have a strong financial sector that supports t...
Developers Won't Enjoy SST Exemption if House Prices Not Reduced: Finance Minister
The government will take back sales and services Tax (SST) exemption on local property developers if property prices are not reduced. "We want the cost ...
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