3d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 26 (Bernama) -- The government’s move to adjust the monthly quota for subsidised BUDI MADANI RON95 (BUDI95) petrol to 200 litres from 300 litres is a much-needed temporary measure to reduce subsidy spending amid the spike in oil prices brought on by the conflict in West Asia, said an economist.
3d ago
By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
3d ago
KUALA LUMPUR, March 26 (Bernama) -- The government will continue to uphold fiscal discipline and curb waste and leakages to ensure Malaysia’s economic growth momentum remains sustainable, said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 26 (Bernama) -- The ringgit weakened against the US dollar and other currencies at Thursday’s close as uncertainties over the conflict in West Asia triggered a risk-off mode in financial markets.
3d ago
KUALA LUMPUR, March 26 (Bernama) -- Malaysians are advised to prepare for a prolonged period of pressure in the oil market even if the conflict in West Asia eases in the near term.
3d ago
KUALA LUMPUR, March 26 (Bernama) -- Tourism demand in ASEAN countries remains strong amid the ongoing geopolitical tensions, according to Deputy Tourism, Arts and Culture Minister Chiew Choon Man.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian government, under Prime Minister Datuk Seri Anwar Ibrahim’s leadership, is seen to be handling the current surge in oil prices wisely through various measures despite the West Asia conflict entering its fourth week with no signs of easing.
3d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 26 (Bernama) -- Malaysia's policy discipline and targeted subsidy framework have successfully cushioned the domestic economy from external energy shocks triggered by the ongoing West Asia conflict.
3d ago
KUALA LUMPUR, March 26 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its “positive” stance on the Malaysian healthcare sector despite medical staff shortages.
3d ago
KUALA LUMPUR, March 26 (Bernama) -- The government will intensify support for domestic drug production to contain costs under the New Industrial Master Plan (NIMP 2030), according to research firm BMI.
3d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, March 26 (Bernama) -- As Malaysia’s 5G rollout seeks to balance technological advancement with readiness, Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) has stepped up its talent development efforts to support effective implementation in the digital era.
5d ago
KUALA LUMPUR, March 24 (Bernama) -- The Asian Development Bank (ADB) has rolled out a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting from the conflict in the Middle East.