Finance Ministry says looking at options to raise revenue, reduce leakage | Malay Mail

Monday, 17 Aug 2020 06:46 PM MYT

Deputy Finance Minister II Mohd Shahar Abdullah said the MOF recently formed a multi-agency task force to look at the leakage arising from the sale of illicit cigarettes and liquor. On a question on the current economic condition from Mohamad Sabu , he said foreign investors are becoming increasingly confident of the current administration following its success in curbing the spread of the Covid-19 pandemic as well as its ability to safeguard the well-being of people affected by the outbreak and to stimulate economic growth through the Prihatin and Penjana stimulus packages.

He said under the current administration, the FBK KLCI strengthened 5.5 per cent to 1,564.59 on August 14, 2020 from March 1.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump says looking at pressuring other Chinese companies after Bytedance | Malay MailNEW JERSEY, Aug 16 — US President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba after he moved to ban TikTok. Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such...
Source: malaymail - 🏆 1. / 86 Read more »

APIB aims to cooperate with domestic financial institutions to promote Islamic finance industry | Malay MailKUALA LUMPUR, Aug 17 — Asia Pacific Investment Bank (APIB) aims to cooperate with domestic financial institutions to promote the internationalisation of the Islamic finance industry. APIB chief executive officer Chris Wang is confident that APIB could be the bridge that connects Malaysia and...
Source: malaymail - 🏆 1. / 86 Read more »