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KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies.
KUALA LUMPUR, Sept 22 (Bernama) -- The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)
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.
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
KUALA LUMPUR, Sept 20 (Bernama) -- S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF).
KUALA LUMPUR, Sept 19 (Bernama) -- Budget 2026, to be tabled on Oct 10, is likely to focus on fine-tuning policies, said CGS International Securities Malaysia Sdn Bhd.
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.
KUALA LUMPUR, Sept 17 (Bernama) -- The upcoming Budget 2026 is expected to continue focusing on modest fiscal consolidation even as external headwinds build, according to OCBC Bank.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 16 (Bernama) -- Amanat Lebuhraya Rakyat Bhd (ALR) aims to diversify its revenue stream and reduce traffic congestion in the short term to achieve greater business growth and expedite its RM5.5 billion sukuk repayment.
