3m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy 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.
3m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.
4m ago
KUALA LUMPUR, Oct 2 (Bernama) -- The Economy Ministry has not ruled out the possibility of additional BUDI MADANI RON95 (BUDI95) eligibility quotas for the e-hailing sector during the tabling of Budget 2026 next week.
4m ago
KUALA LUMPUR, Sept 30 (Bernama) -- The government has assured that the system used to implement the RON95 petrol subsidy under the Budi MADANI RON95 (BUDI95) initiative is secure against cyber threats, said Digital Minister Gobind Singh Deo.
4m ago
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects about RM86 billion to RM89 billion to be allocated for development expenditure in Budget 2026, aligned with the 13th Malaysia Plan’s (13MP) total allocation of RM430 billion for 2026–2030.
4m ago
PUTRAJAYA, Sept 23 (Bernama) — The MADANI government will allocate approximately RM11 billion to cover the difference between the subsidised price of RM1.99 per litre and the unsubsidised pump price of around RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative.
4m ago
SHAH ALAM, Sept 23 (Bernama) – Malaysia remains on track to meet this year’s budget deficit target of 3.8 per cent of gross domestic product (GDP) with the rollout of the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
4m ago
GEORGE TOWN, Sept 23 (Bernama) -- The government will introduce several control measures to ensure RON95 petrol subsidies are properly targeted and not misused.
4m ago
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia rose at the open on Tuesday, tracking Wall Street gains after Nvidia Corp announced a partnership with OpenAI and pledged up to US$100 billion in investment.
4m ago
KUALA LUMPUR, Sept 22 (Bernama) -- The RON95 petrol rationalisation plan, which sets the price of the fuel to RM1.99 from RM2.05 per litre starting Sept 30, 2025, is expected to contain inflationary pressures in the country and provide a boost to growth, said OCBC Global Markets Research.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
4m ago
By Zufazlin Binti Baharuddin
KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FBM KLCI remained in positive territory at midday in line with most regional peers.