KUALA LUMPUR, March 9 (Bernama) -- Malaysia's economic performance last year, which recorded 5.2 per cent growth, is expected to cushion the country against global economic uncertainties and bolster its performance in the first quarter (1Q) of this year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
KUALA LUMPUR, March 5 (Bernama) -- Brent crude prices are expected to stabilise after an initial geopolitical-driven spike, keeping Malaysia’s inflation modest at 1.6–1.9 per cent and the 2026 fiscal deficit on track at 3.5 per cent of gross domestic product (GDP), Apex Securities Bhd said.
KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
KUALA LUMPUR, Feb 23 (Bernama) -- A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.
WASHINGTON, Feb 20 (Bernama-Kyodo) -- The US Supreme Court ruled Friday that President Donald Trump's use of emergency powers to hit nearly all of America's trading partners with so-called reciprocal tariffs is unconstitutional, Kyodo News reported.
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended the week lower against the US dollar after hitting a fresh high on Thursday, as investors locked in gains ahead of a shortened trading week due to the upcoming Chinese New Year holiday.
PUTRAJAYA, Feb 13 (Bernama) -- Malaysia’s economy recorded a very positive performance in the fourth quarter (4Q) of 2025 with a 6.3 per cent growth, exceeding initial expectations, according to Communications Minister Datuk Fahmi Fadzil.
KUALA LUMPUR, Feb 13 (Bernama) -- Strong domestic demand helped Malaysia outperform expectations, lifting fourth-quarter 2025 GDP to a three-year high of 6.3 per cent and full-year growth to 5.2 per cent, above the government’s forecast, said the Ministry of Finance (MOF).
KUALA LUMPUR, Feb 4 (Bernama) -- The government’s fiscal deficit calculation should not be questioned as it is reported in line with international standards recognised by global credit rating agencies and multilateral bodies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, Feb 4 (Bernama) -- The government expects the country's fiscal deficit to continue to shrink to 3.5 per cent in 2026, close to achieving the medium-term target of 3.0 per cent under the Public Finance and Fiscal Responsibility Act (FRA) 2023, reflecting increasingly strong fiscal discipline.
