RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks

KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.

Malaysia’s Financial Fundamentals Draw IMF Praise

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s financial strength and market flexibility support resilience against external shocks and capital outflows, according to the International Monetary Fund (IMF).

i-Saraan Financial Awareness Programme Empowers Younger Generation

GEORGE TOWN, July 17 (Bernama) -- The Employees Provident Fund’s (EPF) i-Saraan programme is an important initiative in empowering the younger generation through financial knowledge and awareness.

Takaful IKHLAS Unveils 'IKHLAS Impianku' To Help Malaysians Realise Financial Dreams

PUTRAJAYA, July 3 (Bernama) -- Takaful Ikhlas Family Bhd (Takaful IKHLAS), a subsidiary of MNRB Holdings Bhd, today launched its latest product, IKHLAS Impianku.

Public Mutual Declares Distributions Of Over RM109 Mln For Five Funds

KUALA LUMPUR, June 30 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary Public Mutual has declared distributions amounting to more than RM109 million for five funds as at June 30, 2025.

New UK Envoy To Malaysia Ajay Sharma To Prioritise Semiconductor Cooperation To Produce High-end Chips

By Danni Haizal Danial Donald and Mikhail Raj Abdullah

KUALA LUMPUR, June 29 (Bernama) -- The United Kingdom’s new High Commissioner to Malaysia, Ajay Sharma, has made strengthening bilateral cooperation a key priority, with a particular focus on the fast-growing semiconductor sector and the development of integrated chip design and advanced manufacturing.

Except For Apples And Oranges, Other Imported Fruits Taxable Under Expanded SST - Treasury Sec-gen

KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign

MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).