Govt has no plans to implement wealth tax, says Finance Ministry
Prime Minister Datuk Seri Anwar Ibrahim said KWAP was deceived into investing about RM200 million in Indonesian aquaculture startup eFishery after the company…
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Summary
Prime Minister Datuk Seri Anwar Ibrahim said KWAP was deceived into investing about RM200 million in Indonesian aquaculture startup eFishery after the company manipulated its financial statements. — Picture by Raymond Manuel By Malay Mail First Published: Thursday, 16 Jul 2026 10:01 AM MYT Last Modified: Thursday, 16 Jul 2026 10:02 AM MYT KUALA LUMPUR, July 16 — Prime Minister Datuk Seri Anwar Ibrahim today said the Retirement Fund (Incorporated) (KWAP) was deceived by Indonesian aquaculture startup eFishery after the company manipulated its financial statements, despite the fund carrying out due diligence before investing about RM200 million. KUALA LUMPUR: The government has no plans to implement a two per cent wealth tax on wealthy individuals to help finance its expenditure, said the Finance Ministry. Finance Ministry: BNPL users hit eight million as outstanding balances reach RM5.3b.
Furthermore, The government remains committed to ensuring that all outstanding tax refunds are processed and paid as quickly as possible, taking into account the interests of all taxpayers whose refund claims are still undergoing verification of information and additional documents submitted by the taxpayers. KUALA LUMPUR: The number of active Buy Now, Pay Later BNPL account holders rose to eight million in the first quarter of this year, according to the Finance Ministry.
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Prime Minister Datuk Seri Anwar Ibrahim said KWAP was deceived into investing about RM200 million in Indonesian aquaculture startup eFishery after the company manipulated its financial statements. — Picture by Raymond Manuel By Malay Mail First Published: Thursday, 16 Jul 2026 10:01 AM MYT Last Modified: Thursday, 16 Jul 2026 10:02 AM MYT KUALA LUMPUR, July 16 — Prime Minister Datuk Seri Anwar Ibrahim today said the Retirement Fund (Incorporated) (KWAP) was deceived by Indonesian aquaculture startup eFishery after the company manipulated its financial statements, despite the fund carrying out due diligence before investing about RM200 million.
reliability moderate3/4 sourcesKUALA LUMPUR: The government has no plans to implement a two per cent wealth tax on wealthy individuals to help finance its expenditure, said the Finance Ministry
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
Finance Ministry: BNPL users hit eight million as outstanding balances reach RM5.3b.
according to Malay MailThe government remains committed to ensuring that all outstanding tax refunds are processed and paid as quickly as possible, taking into account the interests of all taxpayers whose refund claims are still undergoing verification of information and additional documents submitted by the taxpayers.
according to Malay MailKUALA LUMPUR: The number of active Buy Now, Pay Later BNPL account holders rose to eight million in the first quarter of this year, according to the Finance Ministry
according to New Straits Times
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KUALA LUMPUR: The government has no plans to implement a two per cent wealth tax on wealthy individuals to help finance its expenditure,…
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