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MEF Survey: Members disapprove of 1MyGrip consolidated fund
PETALING JAYA: A survey by the Malaysian Employers Federation (MEF) has revealed that 90% of its members do not approve of the unutilised employers’ contribution to the 1MyGrip be converted into a consolidated fund.
HRDF will get right down to business, says Kulasegaran
KUALA LUMPUR: The Human Resources Development Fund (HRDF) will get back to its core business of training to upskill the workforce to instil confidence of employers.
‘Bosses not keen on training fund’
KUALA LUMPUR: A proposal to set up a consolidated fund meant for training programmes for employees has drawn flak from employers.
RM16b sought from fund
THE Dewan has been asked to approve RM16.1bil from the Consolidated Fund via the Suplementary Supply Bill, with the bulk of it being for the Contribution to Statutory Funds.
It’s a violation of the law, says AG
KUALA LUMPUR: The former administration’s move to direct all the Goods and Services Tax (GST) revenue into the Consolidated Fund account is a violation of the law, says Attorney General Tommy Thomas.Thomas said this was against Section 7 of the Financial Procedure Act 1957 and Section 54 of the GST Act 2014.
1MDB monetised assets to be consolidated before being moved to relevant accounts, says Guan Eng
PUTRAJAYA: Assets monetised from 1Malaysia Development Berhad (1MDB) will go into a consolidated fund before being transferred to the relevant trust accounts, says Finance Minister Lim Guan Eng.
A-G: Sabah on solid financial footing
KOTA KINABALU: The Sabah government is on a more solid financial footing with the state's consolidated fund recording an increase of more than 20% last year.
MB: Budget not planned and implemented based on race or district
KUANTAN: All state revenues will be banked into the State Consolidated Fund before the money is channelled for administration and development expenditure, Mentri Besar Datuk Seri Adnan Yaakob said.
RM13m more for Johor government projects
The state assembly passed the Supplementary Supply (2005) Enactment Bill to allow the withdrawal of RM13.068mil from the Consolidated Fund for expenditure.
‘Najib being dishonest in accusing govt of misusing fund’
PETALING JAYA: Datuk Seri Najib Tun Razak is being dishonest in accusing the government of misusing RM42.2bil from the ConÂsolidated Fund inherited from the previous administration, says Finance Minister Lim Guan Eng.
