Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

PTT Synergy To Invest RM2.3 Bln In Smart Warehouses Over Next Two Years

SUNGAI BULOH, Aug 6 (Bernama) -- PTT Synergy Group Bhd has allocated RM2.3 billion in capital expenditure (capex) over the next two years for its automated warehouse business, which will cover the development of four new automated warehouses.

Fiscal Deficit To Fall In Phases To Reduce National Debt Burden - PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

NanoMalaysia Inks MoU With Three Companies, Explore Use Of Agricultural Waste

PUTRAJAYA, Aug 1 (Bernama) -- NanoMalaysia Bhd (NMB), an agency under the Science, Technology and Innovation Ministry (MOSTI), has inked a memorandum of understanding (MoU) with three companies to explore the use of agricultural waste to produce cellulose nanofibers for advanced engineering applications for industrial and end-user market deployment.

Ringgit Closes Lower Against US Dollar Amid US Tariffs, 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).

UMS Integration Opens At RM5.15, 3 Pct Up On Bursa Malaysia Debut

KUALA LUMPUR, Aug 1 (Bernama) -- UMS Integration Ltd rose on its Main Market debut, becoming the first Singapore Exchange (SGX)-listed company to achieve a secondary listing on Bursa Malaysia.

Malaysia’s 13MP GDP, Fiscal Deficit Targets Are Attainable -- CGS

KUALA LUMPUR, Aug 1 (Bernama) -- CGS International Securities Malaysia Sdn Bhd believes the average gross domestic product (GDP) growth target of 4.5–5.5 per cent under the 13th Malaysia Plan (13MP), along with the fiscal deficit target of three per cent of GDP by 2030, is attainable.

Construction Shares Up In Early Trade, Boosted By Major Projects Under 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- Construction-related stocks on Bursa Malaysia increased in early trade today, boosted by projects planned by the government under the 13th Malaysia Plan (13MP).

Ringgit Opens Flat Against US Dollar, Higher Versus Other Majors

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting and Washington’s reciprocal tariff measures, which take effect today.

13MP Diversifies Strategies To Keep Malaysia Resilient While Promoting Prudent Spending - Economists

By Durratul Ain Ahmad Fuad & Siti Noor Afera Abu

KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) has been crafted with the core objectives of the MADANI Economy framework at its foundation while maintaining the flexibility to navigate both domestic and external uncertainties over the next five years, said an economist.

RM430 Bln Under 13MP To Boost Malaysia’s Construction, Infrastructure Sectors - CIMB

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.