ministry of finance Archives

MOF: M’sians Owed RM82 MILLION in ‘Buy Now Pay Later’ Loans As of Dec 2024, Most Users Earn Below RM5,000/Mth

The Ministry of Finance (MOF) recently revealed the latest data on ‘Buy Now Pay Later’ (BNPL) in Malaysia, which provided some interesting insights into the spending...

News1 month ago

Finance Ministry Addresses Claims That Vehicle Prices in Malaysia are Increasing Up to 30% Next Year

Are the prices of vehicles in Malaysia expected to go up to 30% in 2026? The Ministry of Finance (MOF), in an official statement, clarified that...

News2 months ago

Phase 1 of Rahmah Cash Aid Will be Disbursed Tomorrow with 25% More for Households, 20% More for Singles

The Ministry of Finance (MOF) just announced that Phase 1 of the Rahmah Cash Contribution (STR) will start tomorrow, with RM2.3 billion being allocated, up from...

News5 months ago

Lawyer Urges Transparency from Govt After 1MDB Spent Over RM300 MILLION in Just Legal Fees Since 2019

Recently, The Edge reported that 1Malaysia Development Bhd (1MDB) had spent over RM300 million from August 2019 to August 2024 on legal fees in an effort...

Social Stories6 months ago

M’sians Call Out Govt-Owned National Heart Institute’s (IJN) Plans to Raise Patient Fees By Up to 40%

Recently, the National Heart Institute (IJN), through its CEO, Prof Datuk Seri Dr Mohamed Ezani Md Taib, announced that it is seeking a 10% to 40%...

News6 months ago

Elderly Miri Man Discovers That He Has RM18k of Unclaimed Money Under His Name!

According to an X post by the Ministry of Finance (MOF), an elderly man had the shock of his life when he discovered that he had...

News8 months ago

MoF: Najib Razak Has Yet to Clear His RM1.7 Billion of Income Tax Debt

Former Prime Minister Najib Razak is behind bars, but his trial is far from over, and he still has massive debts. In the Parliament recently, the...

News9 months ago

Nearly RM7 billion Have Been Withdrawn from KWSP’s Akaun 3 Since its Implementation, Says MoF

Times are tough and financial aid will ALWAYS help, more or less. With the government’s decision to help the people through the implementation of Akaun Fleksibel...

Social Stories11 months ago

M’sians Criticise Politicians’ “Dancing” Video in Meeting Room, Minister Clarifies They Were Light Exercising

Some of us NEED a daily dose of morning caffeine to keep ourselves energised at work, while others utilise the nighttime well for a good 7...

News12 months ago

“Which continent are they from?” – PMX Says Some Politicians Who Make Over RM10K Think They’re B40

If you’re earning over RM10,000, you’re considered M40 but if you make slightly higher than that, say RM11,500, then you’re categorised as T20, according to the...

News12 months ago

“T20 wants to go shopping 1st” – M’sians Outraged by Delay in High-Value Goods Tax

On January 1, 2024, the Malaysian government implemented the Low-Value Goods (LVG) Tax, which imposed a 10% tax on the import of items worth RM500 and...

News1 year ago

10% Sales Tax to be Imposed on Online Goods Below RM500, Effective January 1st, 2024

Fellow Malaysians, more taxes are coming your way, and this is for those who frequently shop online. A 10% sales tax will be imposed on online...

News1 year ago

No More GST Because M’sians Like to Pay Higher Taxes, Says Ahmad Maslan

Is GST returning? According to one of the Ministers of Finance, Malaysians can stay calm because the Goods and Services Taxes will not return. According to...

Social Stories2 years ago

From Fried Rice to Barista Skills, Ahmad Maslan is Now Flipping Burgers at Johor Stall

While Ahmad Maslan rarely shares his duties as 1 of the Ministers of Finance, he’s certainly there to showcase his skills in the kitchen by cooking...