| LATEST NEWS | Government to discuss increasing BUDI95 quota for p-hailing food delivery riders to 250 litres this Tuesday - Anwar | Finance Minister to seek audience ot Sultan of Pahang to clarify Federal Government allocations to Pahang - Amir Hamzah | IBS method for Sekolah Angkat MADANI project cuts construction time, saves up to 30 pct in costs - Amir Hamzah | Finance Minister to meet Sultan of Pahang to clarify Federal Government allocations to Pahang - Amir Hamzah | Rafizi and Nik Nazmi announce exit from PKR, to vacate their respective parliamentary seats effective tomorrow | |
JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.
KUALA LUMPUR, March 13 (Bernama) -- The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.
KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.
KUALA LUMPUR, March 10 (Bernama) -- The Dewan Negara has passed the Supplementary Supply Bill (2025) 2026 for the first additional operating expenditure for 2025 amounting to RM8.4 billion.
KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.
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, 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.
