2d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Finance (MoF) said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
2d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.
2d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s Takaful industry has united to provide iTEKAD protection to vulnerable communities, marking a significant milestone in the nation’s social finance journey and reinforcing its leadership in Islamic finance.
3d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Organizing Committee of AIM Congress, the world’s leading investment platform, has announced the launch of AIM China Chapter 2025, marking the platform’s first international expansion outside the United Arab Emirates (UAE).
3d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).
3d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Taiwan’s Far Eastern New Century Group (FENC), through wholly-owned subsidiary FE Green PET (M) Sdn Bhd (FE Green PET), has secured RM150 million in green and sustainability-linked financing from HSBC Bank Malaysia Bhd.
3d ago
KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026, broadly in line with the government’s fiscal projections.
3d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- A total of 10,600 applicants, representing 87.2 per cent of the target group under the Electric Motorcycle Usage Incentive Scheme (MARiiCAS), have successfully purchased electric motorcycles with rebates as of Oct 8, the Ministry of Investment, Trade and Industry (MITI) said.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit could appreciate to RM4 against the US dollar by the end of the year with Malaysia’s bright economic prospects, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said today.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.