News & Reviews: Ministry of Finance
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Oct 19, 2023
Back in July, Prime Minister Datuk Seri Anwar Ibrahim announced an RM100 e-Tunai or eWallet aid to 10 million adult Malaysians. Fast forward to today, the government finally revealed when the eWallet credit would be distributed: December 2023.
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Jul 01, 2023
The government recently distributed eBeliaRahmah RM200 eWallet credit to youths aged 18 to 20 and eligible full-time students in our country. However, since its disbursement, there have been many stories of recipients getting scammed when trying to cash out the credit, something that the initiative expressly said NOT to do.
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Jun 17, 2023
Last year, TNG Digital Sdn Bhd in collaboration with CIMB Bank Sdn Bhd introduced GOpinjam, a short-term personal loan through the former’s TNG eWallet app. Well, despite initial controversy regarding its high-interest rate, the service has been really popular among Malaysians who need fast cash.
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Dec 14, 2022
The Communications and Digital (KKD) Minister Fahmi Fadzil has announced that the Cabinet will be deciding on the direction of the 5G network implementation in Malaysia soon. He also revealed that this ministry had held a meeting with the Finance Ministry (MOF) on Monday (12 December 2022) to discuss the implementation of the 5G network project by Digital Nasional Bhd (DNB).
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Aug 25, 2022
Telekom Malaysia (TM) has announced that it is currently in the final negotiation stage with Digital Nasional Berhad (DNB) for the 5G single wholesale network agreement in our country. During a media briefing today, TM is confident that it will meet the 31 August 2022 deadline set by the Ministry of Finance (MOF) for said agreement as well as the equity agreement to become a DNB shareholder.
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Aug 15, 2022
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz today revealed that foreign telecommunication companies are ‘queuing up’ for access to Malaysia’s 5G single wholesale network under his ministry’s Digital Nasional Berhad (DNB). However, he said that local established telcos should be given the first bite.
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Jul 19, 2022
The Minister of Communications and Multimedia (K-KOMM), Tan Sri Annuar Musa has reassured Malaysians that the government is committed to provide free tablets for B40 students under the PerantiSiswa Keluarga Malaysia initiative. During a press conference in Parliament earlier today, Annuar clarified that the distribution of the tablets will be delayed to August 2022 due to tender issues.
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May 27, 2022
Communications and Multimedia (K-KOMM) Minister Tan Sri Annuar Musa has announced a delay to the rollout of free tablets to B40 students under the PerantiSiswa Keluarga Malaysia programme. Initially set to be distributed in mid-June, the timeline is shifted to mid-July instead after the tender for the initial supplier of the devices was cancelled by the Ministry of Finance (MOF).
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Apr 10, 2022
Remember the ePemula programme announced two weeks ago? It's this year's version of the eBelia programme from last year and aims to distribute RM300 million to Malaysian youths. Well, it's time to save that allowance because the programme is starting soon.
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Apr 01, 2022
The Finance Ministry (MOF) in a statement yesterday announced that around 2 million Malaysian youths will receive an RM150 e-wallet credit starting this mid-April. Part of the government’s ePemula scheme, those that are eligible include youths aged 18 to 20 as well as full-time students in higher learning institutions.
Furthermore, those eligible would get to enjoy the benefit through one of four e-wallet providers, which are BigPay, GrabPay, ShopeePay and Touch ’n Go. MOF said that the four e-wallet service providers have a network of 1.2 million retailers in Malaysia.
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