PAC tells Finance Ministry to be more proactive on protracted lease issue of St Regis Langkawi, Kampung Tok Senik Resort

  • 📰 malaymail
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

KUALA LUMPUR, March 19 — The Parliamentary Public Accounts Committee (PAC) today urged the Ministry of Finance (MoF) to be more proactive in solving problems that arise for real...

PAC tells Finance Ministry to be more proactive on protracted lease issue of St Regis Langkawi, Kampung Tok Senik Resort

In a statement today, PAC chairperson Datuk Mas Ermieyati Samsudin said that as a core ministry in the nation's administration, the MoF should not have waited very long to sort the lease issue of St Regis Langkawi and the Kampung Tok Senik Resort. — Bernama picKUALA LUMPUR, March 19 — The Parliamentary Public Accounts Committee today urged the Ministry of Finance to be more proactive in solving problems that arise for real estate development management in two Langkawi projects.

“This considering the shares owned by these two companies belong to the MoF either through the Minister of Finance Incorporated or Lada," she said, referring to the Langkawi Development Authority.

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:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Finance Ministry's Fiscal Survey book shows GST a better system than SST, says Dr WeeLAWYER Khaliq Mehtab Mohd Ishaq confessed to being quite taken aback by the green wave that marked the 2022 general election.
Source: staronline - 🏆 4. / 75 Read more »

Ministry of Finance: TCM practitioners exempted from 8pc service taxPUTRAJAYA, Feb 19 — Traditional and complementary medicine (TCM) practitioners who are registered under the T&CM Act 2016 [Act 775] will be exempted from the eight per cent...
Source: malaymail - 🏆 1. / 86 Read more »

Sales and services tax hike not expected to cause sharp price increases, says Finance MinistryThe sales and services tax (SST) hike is not expected to cause sharp price increases that would lead to an economic shock, says the Finance Ministry. The statement also noted the 2% increase would affect discretionary activities and business-to-business services, while key essential services such as food and beverage, telecommunications, parking and logistics are exempt. Meanwhile starting March 1, electricity users over 600kWh will be affected by the sales and services tax (SST) hike from 6% to 8% among other services. The increased SST is set to generate an additional RM3bil revenue, said the Finance Ministry.
Source: staronline - 🏆 4. / 75 Read more »

Adopt 'Malaysia First' attitude to strengthen ringgit, says Finance Ministry(Reuters) - Fenerbahce will consider withdrawing from the Turkish top flight after some of their players were attacked by Trabzonspor fans following their weekend away win, the Super Lig club said on Monday.
Source: staronline - 🏆 4. / 75 Read more »

Finance Ministry: Ringgit's decline driven by stronger US dollar, China uncertainty(Reuters) - Fenerbahce will consider withdrawing from the Turkish top flight after some of their players were attacked by Trabzonspor fans following their weekend away win, the Super Lig club said on Monday.
Source: staronline - 🏆 4. / 75 Read more »