KUALA LUMPUR: The government urges all parties to work together and take a whole-of-nation approach to strengthen the value of the ringgit, says the Finance Ministry. It said on the Parliament website on Monday (March 18) that all Malaysians are encouraged to adopt a “Malaysia First” attitude in their daily lives. “This includes buying domestic … Read more
Representational file image | Photo Credit: C. Venkatachalapathy The Finance Ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to … Read more
The passing of former finance and infrastructure minister Avraham Shochat this week nearly marks the end of an era. Ehud Barak was the last Labor prime minister in Israel, serving from 1999 to 2001.There are few still living Labor Party stalwarts who served as ministers or Knesset members in the administrations of Yitzhak Rabin, … Read more
The Biden administration is seeking to provide financial assistance to the Palestinian Authority (PA), as its officials warn that it is rapidly running out of cash. The US administration hopes that the PA will be able to govern Gaza when the war in Gaza is over, according to a report in The Wall Street … Read more
Growth in the Personal Income Tax revenues continued to outstrip Corporate Income Tax. Representational | Photo Credit: C. Venkatachalapathy India’s net direct tax collections picked up pace over the past month to rise 20.25% year-on-year by February 10, compared to a 19.4% uptick on the same date in January, as per data released by the … Read more
Home Education Govt to Set up More Medical Colleges Utilising Existing Hospital Infrastructure: FM Sitharaman Interim Budget 2024-25: During the presentation of the final budget of the Modi 2.0 government, Finance Minister Nirmala Sitharaman announced the government’s plans to establish additional medical col FM Sitharaman said the empowerment of women through entrepreneurship, ease of living … Read more
The Finance Ministry allocated Rs. 1.12 lakh crore to the education sector for the fiscal year 2023-24. Of which the Department of Higher Education was allocated Rs. 44,095 crore. NEP mainly aims to achieve the establishment of at least one large multi-disciplinary higher education institution in every district, improving accessibility, increase in research & innovation … Read more
PADANG BESAR: The government will conduct efforts to retarget subsidies in phases this year with improvements on social assistance, says Datuk Armizan Mohd Ali. The Domestic Trade and Cost of Living Minister said his ministry, the Finance Ministry and the Economy Ministry are in discussions to refine “cash transfers” provided to the people, including the … Read more
KUALA LUMPUR The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively, from Jan 4 to Jan 10. The Finance Ministry, in a statement on Wednesday (Jan 3), said the prices were fixed based on the weekly retail price of petroleum products … Read more
AS the clock ticks down to New Year’s Eve, many are left wondering where did the time go. Not only that, as it is the tail-end of vacation season, many are most likely wondering where all their money went while the holiday expenses pile-up. Some might have seen an advert that has been floating on … Read more
