Search results
Results From The WOW.Com Content Network
The fund receives contributions from the Federal Government of Malaysia, statutory bodies and local authorities. [1] The contributions are invested by the fund in a mix of equities, bonds, property, private equity and infrastructure, with the investment returns used to finance the government's pension liabilities.
15 October – The Hindu Rights Action Force (HINDRAF) was declared an illegal organisation by the federal government. [73] 28 October – The government put on hold the purchase of Eurocopter's EC 725 Cougar helicopters replacing the Sikorsky's S-61 Nuri at a cost of RM1.679 billion until the global economic situation stabilised. [74]
The first account, dubbed "Account I", stores 70% of the members' monthly contribution, while the second account, dubbed "Account II", stores 30%. Account I restricts withdrawals to the moment the member reaches an age of 50 years, to boost retirement fund by investment in unit trust, is incapacitated, leaves the country or dies.
The National Audit Department (Malay: Jabatan Audit Negara; Jawi: جابتن اءوديت نڬارا ) is an independent government agency in Malaysia that is responsible for carrying out the audits on the accounts of Federal Government, State Government and Federal Statutory Bodies as well as the activities of the Ministry/Department/Agency and Companies under the Federal and State Government.
In Malaysia, federal budgets are presented annually by the Government of Malaysia to identify proposed government revenues and spending and forecast economic conditions for the upcoming year, and its fiscal policy for the forward years. The federal budget includes the government's estimates of revenue and spending and may outline new policy ...
The Department of Statistics Malaysia (DOSM; Malay: Jabatan Perangkaan Malaysia) is a government agency in Malaysia that operates under the Ministry of Economy.It is responsible for the collection and interpretation of reliable statistics related to the economy, population, society and environment of Malaysia which the government primarily uses to assess, review and implement national public ...
Based on Standing Order 77(1), the PAC has the power to examine the accounts of the Malaysian government, the accounts of all public authorities, the reports of the auditor-general, and any other matters that "the committee may think fit" or matters referred to the PAC by the Dewan Rakyat.
National Institutes of Biotechnology Malaysia** (NIBM) MIMOS Berhad** NanoMalaysia Berhad** Malaysian Industry-Government Group for High Technology** (MiGHT) Cradle Fund Sdn. Bhd. (CRADLE) Malaysian Research Accelerator for Technology & Innovation (MRANTI) Malaysian Nuclear Agency (Nuclear Malaysia) Malaysian Space Agency (MYSA)