Tag Archives: Finance Ministry

Malaysia could spend nearly $2 bln on fuel subsidies this year – finance ministry

Malaysia is expected to spend 8 billion ringgit ($1.95 billion) on fuel and cooking oil subsidies this year, more than double the 3.78 billion ringgit originally allocated, the finance ministry said on Saturday. The announcement comes as Malaysia looks to boost public assistance measures amid fresh coronavirus lockdowns imposed this month. The costs of retail […]

Finance Ministry reworking strategic sale procedure to ensure outright sale of central public sector enterprises

reworking strategic

The finance ministry is reworking strategic sale procedure to ensure outright sale of Central Public Sector Enterprises (CPSEs) within 4 months of issuance of documents to potential investors, a move aimed at ensuring speedier conclusion of the entire process, an official said.