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Ministry Of Finance (malaysia)
The Ministry of Finance ( ms, Kementerian Kewangan), abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament. The Minister of Finance administers his functions through the Ministry of Finance and a range of other government agencies. Its headquarters is in Ministry of Finance Complex, Putrajaya. Duties and importance The Minister of Finance is the minister in charge of government revenue and expenditure. The Minister oversees economic policy: fiscal policy is within the Minister's direct responsibility, while monetary policy is implemented by the politically independent Central Bank of Malaysia, the head of which is ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Malaysia
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: executive, legislature and judiciary. The state governments in Malaysia also have their respective executive and legislative bodies. The judicial system in Malaysia is a federalised court system operating uniformly throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yang Di-Pertuan Agong
The Yang di-Pertuan Agong (, Jawi: ), also known as the Supreme Head of the Federation, the Paramount Ruler or simply as the Agong, and unofficially as the King of Malaysia, is the constitutional monarch and head of state of Malaysia. The office was established in 1957, when the Federation of Malaya (now Malaysia) gained independence from the United Kingdom. The Yang di-Pertuan Agong is elected by the Conference of Rulers, comprising the nine rulers of the Malay states, with the office de facto rotated between them, making Malaysia one of the world's few elective monarchies. The 16th and current Yang di-Pertuan Agong is Sultan Abdullah of Pahang, replacing Muhammad V of Kelantan, who abdicated on 6 January 2019. Abdullah was elected on 24 January 2019, at a special meeting of the Conference of Rulers; he took the oath of office and was sworn in at the Istana Negara on 31 January 2019. The Yang di-Pertuan Agong's queen consort is known as the Raja Permaisuri Agong, curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Ministries, Departments And Agencies Of Malaysia
Federal or foederal (archaic) may refer to: Politics General * Federal monarchy, a federation of monarchies * Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states * Federal republic, a federation which is a republic * Federalism, a political philosophy * Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments * Federal government of the United States ** United States federal law ** United States federal courts *Government of Argentina * Government of Australia * Government of Pakistan * Federal government of Brazil * Government of Canada * Government of India *Federal government of Mexico * Federal government of Nigeria * Government of Russia * Government of South Africa *Government of Philippines Other *'' The Federalist Papers'', critical early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Malaysia)
The Ministry of Finance ( ms, Kementerian Kewangan), abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament. The Minister of Finance administers his functions through the Ministry of Finance and a range of other government agencies. Its headquarters is in Ministry of Finance Complex, Putrajaya. Duties and importance The Minister of Finance is the minister in charge of government revenue and expenditure. The Minister oversees economic policy: fiscal policy is within the Minister's direct responsibility, while monetary policy is implemented by the politically independent Central Bank of Malaysia, the head of which is ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Nasional Berhad
Digital Nasional Berhad (DNB; English: ''National Digital Limited'') is a Malaysian special-purpose vehicle company owned by the Ministry of Finance Malaysia and is regulated by the Malaysian Communications and Multimedia Commission. DNB was established in early March 2021 to drive the development of the 5G (fifth-generation) infrastructure in Malaysia. It will offer 5G as a wholesale network service to other telecommunication companies. The first rollout of the 5G services in Malaysia was launched on 15 December 2021, with TM and YTL as its operators upon rollout. On June 30, 2022 Communications and Multimedia Minister Annuar Musa said that the Malaysian government would announce a plan for the sale of a 70% equity stake in Digital Nasional Berhad the following week. Deployment of 5G DNB had announced that it would launch and rollout the country's first 5G network with a total of 500 sites in areas within Kuala Lumpur, Putrajaya and Cyberjaya by the end of December 2021 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Incorporated) (Malaysia)
Minister of Finance (Incorporated) ( abbrev: MoF (Inc.); ms, Syarikat Milik Menteri Kewangan (Diperbadankan)) is a body corporate under the name of Minister of Finance based in Malaysia. treasury.gov.my Established under the Minister of Finance (Incorporation) Act 1957, the Act provides the authority for MoF (Inc.) to enter into contracts, acquisitions, purchases, possessions, holdings and maintains tangible and intangible assets. See also * * |
List Of Acts Of Parliament In Malaysia
This is a list of Acts of the Parliament of Malaysia. The list includes all principal Acts enacted after 1969 and pre-1969 statutes that were revised by the Commissioner of Law Revision under the authority of the Revision of Laws Act 1968. List See also * List of Acts of Parliament in Malaysia by citation number External links Laws of Malaysia - Numerical Table of LawsOfficial Portal of e-Federal Gazette*List of Post-2011 Principal Acts*List of Post-2011 Amending Acts*List of Post-2011 P.U. (A)*List of Post-2011 P.U. (B)Attorney General of Malaysia: Laws of Malaysia - Alphabetical Table of Laws (up to Act 655) {{DEFAULTSORT:Acts of the Parliament of Malaysia Malaysian federal legislation Parliament of Malaysia Malaysia Malaysia law-related lists Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Simpanan Nasional
Bank Simpanan Nasional (English: National Savings Bank) (BSN) is a government owned bank based in Malaysia. BSN offers banking services via BSN branches and BSN Banking Agents (EB BSN). BSN was incorporated on 1 December 1974 under the Minister of Finance at that time, Tengku Razaleigh Hamzah. History Bank Simpanan Nasional was incorporated on 1 December 1974, under the ''Bank Simpanan Nasional Act'', which replaced the Post Office Savings Bank set up in 1948. Subsidiaries and associates The agency has subsidiaries and associates which are involved in asset management, insurance and takaful Takaful ( ar, التكافل, sometimes translated as "solidarity" or mutual guarantee) Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.403 is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic ...: * Permodalan BSN Berhad (unit trust fund management) * Prudential BSN Takaful Berhad (takaful) * Gibraltar BSN Life Berhad (life insur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bursa Malaysia Berhad
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives. History Bursa Malaysia was established in 1930 when the Singapore Stockbrokers Association became an official organization of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on May 9 that year. In 1961, a board system was i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retirement Fund (Incorporated)
Retirement Fund (Incorporated) ( ms, Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees. KWAP is one of three main bodies in Malaysia's pension system, the others being the Employees Provident Fund (for private sector employees) and Armed Forces Fund Board (for military personnel). It is also regarded as one of Malaysia's government-linked investment companies (GLICs). History Prior to KWAP's establishment, the public pension fund in Malaysia was managed by the Pensions Trust Fund ( ms, Kumpulan Wang Amanah Pencen), whose operations fell under the responsibility of the Accountant General. The Pensions Trust Fund grew from an initial government grant of RM500 million in 1991 to RM42 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employees Provident Fund (Malaysia)
Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens. History Malaysian EPF was established in 1951 pursuant to the Employees Provident Fund Ordinance 1951, under the National Director of Posts. This law became the EPF Act 1951. In 1982, then the EPF Act 1991 in 1991. The EPF Act 1991 requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for special purposes before then. As of 31 December 2012, EPF has 13.6 million members, of which 6.4 million are active contributing members. At the same date, EPF had 502,863 contributing employers. The EPF is intended t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Commission Malaysia
The Securities Commission Malaysia ( ms, Suruhanjaya Sekuriti Malaysia) is a Malaysian statutory body with responsibility for development and regulation of capital markets in the country. It is located in Bukit Kiara near the National Science Centre of Kuala Lumpur. History On March 1 1993, the Securities Commission Malaysia was established as a self-funded statutory body. The body functions to serve as the authority in developing and maintenance of a secure, efficient and orderly operations of the capital markets in Malaysia. It is a regulator and enforces its regulations to ensure the growth of capital market activities and market institutions within the financial sector. Joint initiatives In 2009 the commission and the Central Bank of Malaysia established the Asian Institute of Finance. They also established the Finance Accreditation Agency in 2013. With Bursa Malaysia, they introduced Electronic Share Payment for e-payment of stock market transactions, and e-Dividend; bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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