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By Karina Imran
KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia's accountancy profession must evolve into a future-ready, value-driven and trust-centred profession to strengthen the country's economic competitiveness amid rapid technological transformation and growing sustainability demands.
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KUALA LUMPUR, Aug 4 (Bernama) -- The Inland Revenue Board (IRB) has raised RM4.4 billion in additional tax assessments as of June 30, said its chief executive officer Datuk Dr Abu Tariq Jamaluddin.
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KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
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LABUAN, Aug 4 (Bernama) -- Financial institutions must adopt more intelligent, data-driven and risk-based compliance systems as financial crimes become increasingly digital, interconnected and difficult to trace.
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LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.
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KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji’s (TH) profit distribution is only announced based on audited financial results, thus strengthening the integrity of the financial reporting process and increasing depositors' confidence in the institution.
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By Nor Baizura Basri
KUALA LUMPUR, July 31 (Bernama) -- The RM10 billion loss incurred by Lembaga Tabung Haji (TH) could have funded haj subsidies for a larger number of muassasah pilgrims -- particularly those from the B40 group -- to perform the pilgrimage over a period of more than 20 years.
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By Kisho Kumari Sucedaram
KUALA LUMPUR, July 31 (Bernama) -- Malaysia Airlines reserves its comment on its pilot being caught for a narcotics-related offence by the Indonesian authorities but noted that the airline takes such allegations seriously.
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KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.
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KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.
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KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Lembaga Tabung Haji (TH) had been successfully restored after problems arising from past negligence and mismanagement were detected early.
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KUALA LUMPUR, July 29 (Bernama) -- Lembaga Tabung Haji (TH) has adopted and implemented 75 per cent of the Royal Commission of Inquiry (RCI) recommendations to improve its governance and wellbeing, with the remaining recommendations being “work in progress.”