Maybank mobilises close to RM40 bln in sustainable finance
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has cumulatively mobilised close to RM40 billion in sustainable finance and has improved nearly 970,000 households across Asean since 2020. Group chief executive officer Datuk Khairussaleh Ramli said the bank has also reduced 43.5 per cent of its scope 1 and 2 emissions and achieved close to 260,000 annual […]
RM10.646 bln for 2022 State Budget
KUCHING: A total of RM10.646 billion has been allocated in the 2022 State Budget; RM4.046 billion will be for operating expenditure and RM6.6 billion for development fund to finance the implementation of various development programmes and projects. Chief Minister Datuk Patinggi Abang Johari Tun Openg said that with the state’s estimated revenue of RM10.036 billion […]
Increasing subsidies hurting country financially
KUCHING: The rise of crude oil prices has resulted in additional revenue for Malaysia but expenditure to mitigate the effects of the Covid-19 pandemic will put a strain on the country’s finance, says an economist. Datuk Dr Madeline Berma pointed out that the government had allocated RM340 billion for the purpose. “The allocation is a […]
Finance Minister briefs Agong on finance, economic situation
KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz was granted an audience with the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah to brief and update him on matters related to the nation’s finances and economy. “I was granted an audience to meet with His Majesty, the Yang di-Pertuan Agong on Monday 4th […]