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KWAP Finalises 12 General Partners Under Dana Pemacu’s RM6 Bln Fund Allocation

KUALA LUMPUR, June 30 (Bernama) -- The Retirement Fund Inc (KWAP) today announced the shortlisted 12 global general partners (GPs) with an allocation of RM6 billion across both conventional and Shariah-compliant funds under the Dana Pemacu initiative.

Bursa Malaysia Continues Positive Momentum To Open Higher

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia extended last week's gains to open higher on Monday, supported by continuous buying in selected heavyweights as investors remain positive on the economic outlook, analysts said.

Stronger Ringgit, Fed Shift Could Draw Capital To Malaysia

By Siti Noor Afera Abu

KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

SME Bank’s RM211 Mln Strategic Initiative To Support MSME Growth – Amir Hamzah

KUALA LUMPUR, June 26 (Bernama) -- The launch of a strategic initiative worth RM211 million by Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is set to support the sustainable and inclusive growth of the micro, small, and medium enterprises (MSMEs) segment.

Sarawak’s Self-reliant Infrastructure Surge Sets It Apart From Federally Dependent Sabah

LABUAN, June 25 (Bernama) -- Despite sharing similar geographies and economic aspirations, Sarawak and Sabah have taken markedly different paths in infrastructure development. 

PAAB Spearheads RM2.4 Bln Water Infrastructure Upgrade, Emphasises Zero-Accident Culture

KUALA LUMPUR, June 24 (Bernama) -- Pengurusan Aset Air Berhad (PAAB) is actively implementing nationwide upgrades to water infrastructure with an allocation of nearly RM2.4 billion to ensure the long-term sustainability and security of the country’s water supply.

Penang Appeals For Tax Sharing To Boost State Development

GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.

BNM's International Reserves Rise To US$119.9 Bln

KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.

GST Not Suitable For Implementation Yet Because Rakyat's Income Still Low - PM Anwar

PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas Should Adapt To New Energy Transition Demands Amid Economic And Geopolitical Uncertainties

By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir

KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.