Fiscal Deficit Calculated Under International Standards -- Amir Hamzah

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.

Govt Completes RM22.45 Bln Tax Refund In 2025, Highest In Five Years -- Amir Hamzah

KUALA LUMPUR, Feb 4 (Bernama) -- The government has completed excess tax refunds totalling RM22.45 billion in 2025, the highest in five years, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt Expects Fiscal Deficit To Shrink To 3.5 Pct In 2026 -- Amir Hamzah

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.

MEX Unveils Major CMMS Platform Upgrade For Modern Operations

KUALA LUMPUR, Feb 4 (Bernama) -- MEX Maintenance Software, Australia’s leading maintenance management software provider, announced the release of MEX v16, a major upgrade to its flagship computerised maintenance management system (CMMS), delivering a refreshed user experience, streamlined workflows and enhanced mobile capabilities.

Bursa Malaysia Stays Lower At Midday On Selling Pressures

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia continued its downward momentum at midday as selling activities persisted in selected heavyweight counters, led by financial services, industrial products and services, as well as the utilities counters.

MITI Shifts To New Framework To Ensure Local Products Usage Benefit Domestic Economy

KUALA LUMPUR, Feb 4 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will focus on outcome-based measurement and monitoring under the New Incentive Framework (NIF) to ensure that investment projects using local content translate into real impact on the domestic economy.

Petronas Signs 20-year LNG Supply Deal With QatarEnergy

KUALA LUMPUR, Feb 4 (Bernama) -- Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has signed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.

Bursa Malaysia Opens Higher Despite Lower Wall Street

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance. 

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

IILM Short-term Sukuk Portfolio Hits US$6.795 Bln

KUALA LUMPUR, Feb 3 (Bernama) --  The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.

MEF Welcomes Government’s Timely Push For Stronger Business Ecosystem

KUALA LUMPUR Feb 3 (Bernama) -- The Malaysian Employers Federation (MEF) said the government’s push for tougher rules, stronger enforcement and a more supportive business ecosystem is timely amid intensifying global competition on the domestic front.

CPO Futures End Lower On Stronger Ringgit, High Stock Levels

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.