Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

41-50 results from 257 for query «mof»

March 17, 2017 1:34 AM Pua: Illogical for minister to say 1MDB's debts are not MOF's

DAP lawmaker Tony Pua said Second Finance Minister Johari Abdul Ghani has made an "illogical and embarassing" statement by saying the Ministry of Finance Inc (MoF Inc) would not take over the debt of its wholly owned subsidiary, 1MDB. He was responding to Johari's comment that the debts incurred in 1MDB's wholly owned subsidiaries TRX City Sdn Bhd (TRXC) 14

March 15, 2017 7:58 AM DAP alleges 1MDB RM3.2 billion debt bailout by Putrajaya

PETALING JAYA: DAP’s Tony Pua has alleged that Putrajaya “effectively bailed out 1MDB” by as much as RM3.2 billion with the takeover of debts linked to assets under the state-owned investment firm. The Petaling Jaya Utara MP said this appeared to have been revealed in an answer by the finance minister to a question he had asked last week in the Dewan 15

March 14, 2017 6:58 AM PKFZ case: Ex-PKA boss claims OC Phang failed in duties as GM

Former Port Klang Authority (PKA) chairperson Lee Hwa Beng maintained that former general manager OC Phang failed to discharge her contractual duties with regard to the Port Klang Free Zone (PKFZ) project. This is despite Phang - in her defence to the suit filed by PKA - stating that she had fully discharged her contractual duties as a PKA board member 10

March 13, 2017 2:02 PM Finance Ministry: Using EPF savings to settle debts against EPF’s objective

Using the Employees Provident Fund (EPF) savings to pay off credit card debts or loan sharks is against the pension fund’s principle of providing retirement savings for its members. — AFP picKUALA LUMPUR, March 13 — Using the Employees Provident Fund (EPF) savings to pay off credit card debts or loan sharks is against the pension fund’s principle of providing 14

January 29, 2017 3:01 AM Vessel with 28 Chinese tourists on board goes missing

A catamaran with 31 people on board including 28 tourists from China is believed to have gone missing while en route from the Tanjung Aru jetty in Kota Kinabalu to Pulau Mangalum yesterday. The Malaysian Maritime Enforcement Agency (MMEA) said the catamaran left the jetty at 9am. "A police report was lodged at 9.50pm," MMEA said in a statement in Kota Kinabalu 15

January 16, 2017 7:25 AM SMEs must embrace e-commerce to stay in the game

KUALA LUMPUR: Small and medium enterprises (SMEs) who do not involve in e-commerce will be left behind in the global marketplace, Malaysian International Chamber of Commerce and Industry (MICCI) president Datuk Wira Jalilah Baba said. "We need a mind changing capability among the SMEs as well as other local companies. Only those who adapt the technology 9

January 8, 2017 4:09 AM Couple detained, equipment for fish bomb seized

SEMPORNA, Jan 8 — A married couple was detained and equipment, believed to be used for making fish bomb, was seized from their boat at Pulau Sipanggao yesterday. Region Four Marine Operation Force (MOF) Commander ACP Mohamad Madun said the man and woman, aged 35 and 36, were detained at about 4 pm during a patrol in the area. Following a search on their 9

January 1, 2017 2:38 AM 860,000 HDB households to get GST vouchers to offset utilities bills

SINGAPORE: About 860,000 Singaporean HDB households will receive the next instalment of the GST voucher – Utilities-Save (U-Save) rebate this month, the Ministry of Finance (MOF) announced on Sunday (Jan 1). Annually, on average, those living in 1- and 2-room HDB flats are able to offset about 3 to 4 months of utilities bills with their regular GST voucher 11

December 21, 2016 6:29 AM TRX project now completely under Finance Ministry

1MDB's Tun Razak Exchange (TRX) project is now under the full control of the Finance Ministry, Second Finance Minister Johari Abdul Ghani has said. Johari said the project, with a gross development value of at least RM40 billion, is now a government undertaking. "TRX is now taken over by the MoF and we are going to complete the entire project. We will complete 17

December 19, 2016 10:15 AM MOF: Don't panic, ringgit will bounce back

KUALA LUMPUR: The ringgit, which has weakened along with other emerging market currencies against the US dollar, has all the strength to bounce back, said Second Finance Minister Datuk Johari Abdul Ghani. "We have the ecosystem to make it right, ensure political stability is intact and (continuously) apply the right policies to facilitate investors 16