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.

Gold Futures Ease As Global Risk Sentiment Improves

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Monday as global risk sentiments improved, said an analyst.

World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

Ringgit Opens Higher Against Greenback As US-China Trade Talks Resume

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, as the market resumed its observation on further trade negotiations between the United States (US) and China in London, an analyst said.

Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

Ringgit Closes Higher Against Greenback Amid Sudden US Trade Policy Shifts, Fiscal Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued its upward momentum to close higher against the United States (US) dollar today as sudden shifts in US trade policies and growing concerns over the US fiscal policy pushed the US dollar index (DXY) lower.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia ended the morning session lower, dragged down by profit-taking in selected heavyweights amid a broadly weaker regional market performance following a Wall Street selloff overnight.

Ringgit Strengthens Against Us Dollar Amid Tariff Shock Effects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.

Malaysia's Fiscal Consolidation Remains On Track With Lower 1Q Deficit

KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.

Ringgit Strengthens Against US Dollar At Opening Following Moody’s US Credit Downgrade

By Zufazlin Baharuddin

KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Malaysia Confident In Weathering US Tariffs With Solid Economic Fundamentals

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that Malaysia’s strong economic fundamentals will enable the country to navigate the global uncertainties following the recent announcement of retaliatory tariffs by the United States (US).