: The issue of cash payments from petroleum revenue to the Terengganu government does not arise because no petroleum has been discovered and extracted within the state.
The ministry said that cash payments from petroleum revenue will be paid directly to the state if discovered and extracted within the territorial waters of three nautical miles obtained from the low-tide line in accordance with Act 750.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Putrajaya committed to discussing new special grant rate for Sabah, says Finance MinistryKuala Lumpur: The government, through the Malaysia Agreement 1963 Implementation Action Council Technical Committee (JKMTPMA63), is committed to discussing a new special grant rate for Sabah in line with Article 112D of the Federal Constitution, the Finance Ministry (MoF) said.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »
Putrajaya committed to discussing new special grant rate for Sabah, says Finance MinistryKUALA LUMPUR, July 16 — The government, through the Malaysia Agreement 1963 Implementation Action Council Technical Committee (JKMTPMA63), is committed to discussing a new...
Source: malaymail - 🏆 1. / 86 Read more »
Finance Ministry tables amendment bills for Pulau 1KUALA LUMPUR: Carsome Group has secured a RM100mil financing facility from AmBank Group to enhance liquidity and bolster its capacity for future growth.
Source: staronline - 🏆 4. / 75 Read more »
Finance Ministry: Strengthening ringgit reduces Samurai bond debt to RM6.26b by March 2024KUALA LUMPUR, July 16 — The amount of Samurai Bond (yen) decreased to RM6.26 billion as of the end of March 2024, supported by the strengthening of the ringgit against the yen...
Source: malaymail - 🏆 1. / 86 Read more »
MAGB financial restructuring resulted in RM10bil cost savings, says Finance MinistryA man has been sentenced to life in prison for plotting to kidnap, rape and murder Holly Willoughby, one of Britain’s most high-profile television personalities.
Source: staronline - 🏆 4. / 75 Read more »
RM192mil paid in 'Samurai bond' interest payments as of March 2024, says Finance MinistryTHE human eye cannot see ultraviolet light, but insects can.
Source: staronline - 🏆 4. / 75 Read more »