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By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).
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KUALA LUMPUR, July 30 (Bernama) -- Dr Falk Pharma GmbH and Allianthera have announced a strategic agreement to co-develop and commercialise ATB102, an aryl hydrocarbon receptor (AhR) agonist currently in Phase 1 trials in the United States.
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KUALA LUMPUR, July 30 (Bernama) -- ASEAN’s position as an emerging regional economic powerhouse remains intact, as does its commitment to deepen economic integration, such as in the area of finance, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
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KUALA LUMPUR, July 28 (Bernama) -- Paydibs, a homegrown digital payments provider, has been officially onboarded as a direct third-party acquirer for the financial process exchange (FPX) by Payments Network Malaysia Sdn Bhd (PayNet), making it one of only 10 non-bank acquirers directly connected to PayNet’s FPX infrastructure.
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KUALA LUMPUR, July 25 (Bernama) -- AKWEL, a key player in the manufacturing of parts and systems for the automotive and heavy-vehicle sectors, has reported a first-half 2025 turnover of 510.6 million euros, marking a 3.4 per cent decline compared to the same period in 2024. (1 Euro = RM4.94)
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NEW YORK, July 24 (Bernama-Xinhua) -- Ongoing tariff uncertainty is putting pressure on US textile and apparel firms, as sourcing executives warn that the lack of clear trade rules is complicating supply chain planning, pricing strategies, and diversification efforts, Xinhua reported.
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KUALA LUMPUR, July 24 (Bernama) -- Fintech holding company, Synervest Group has raised US$4 million in a Series A funding round led by Jura Investment Group, with continued backing from CMT Digital, doubling its valuation to US$60 million from a year ago. (US$1=RM4.21)
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KUALA LUMPUR, July 23 (Bernama) -- The latest data showed that over 8.5 million Sumbangan Tunai Rahmah (STR) recipients have been registered, and RM4 billion in cash aid disbursed through the initiative’s Phase 1 and 2 payments, said the Ministry of Finance (MOF).
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SEPANG, July 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) today launched the upgraded Airport FastTrack (AFT) service at Kuala Lumpur International Airport (KLIA), reinforcing its commitment to delivering seamless, efficient, and premium services to travellers.
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KUALA LUMPUR, July 22 (Bernama) -- The Rubber Production Incentive (IPG) has benefited 239,053 smallholders, with total payments amounting to RM523.4 million from its implementation in September 2015 up to June 30, 2025, according to the Ministry of Plantation and Commodities (KPK).
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KUALA LUMPUR, July 21 (Bernama) -- The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, according to Member of Parliament (MP) Sim Tze Tzin (PH-Bayan Baru).
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PUTRAJAYA, July 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government has succeeded in reducing the annual debt to RM77 billion in 2024 from RM99 billion in 2022.