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Govt business facilitation agencies need to help MSMEs sustain recovery

KUALA LUMPUR: Government business facilitation agencies need to continue to help micro, small and medium enterprises (MSMEs) sustain their recovery post-pandemic. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said agencies such as the Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Credit Guarantee Corporation Malaysia Bhd (CGC), can help MSMEs adapt to the changing economic […]

US Department of Justice remits RM1.9 bln of seized 1MDB funds to Malaysian government

KUALA LUMPUR: The United States (US) Department of Justice (DOJ) has remitted about RM1.9 billion ($452.36 million) seized in matters related to the 1Malaysia Development Bhd (1MDB) into Malaysia’s Assets Recovery Trust Account, the Ministry of Finance (MOF) said. To date, the Trust Account — under the custody of the Accountant General’s Department of Malaysia […]