Malaysia On The Right Track To Consistently Reduce Deficit Rate - Amir Hamzah

KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia is on the right track to consistently reduce its deficit rate, according to Finance Minister II  Datuk Seri Amir Hamzah Azizan.

Govt To Continue Strengthening Financial Position While Supporting Economic Growth -- PM Anwar

KUALA LUMPUR, Dec 4 (Bernama) -- The government will continue to balance efforts to strengthen the country’s financial position to be more sustainable while ensuring that fiscal policies continue to support the national economic growth momentum, according to Prime Minister Datuk Seri Anwar Ibrahim.

India's Commerce Department Urges ASEAN To Buy More From India

From Ahmad Aidil Syukri Hamzah

NEW DELHI, Nov 29 (Bernama) -- The balance of trade relationship between India and ASEAN is crucial for long-term economic growth and should not be skewed in favour of one side, said India’s Commerce Department’s Additional Secretary Rajesh Agrawal.

Bursa Malaysia Holds Firm Near 1,600 Level, Tracks Wall Street's Upswing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

MADANI Leadership Shapes New Era Of Development And Inclusive Economy - Chief Secretary

KUALA LUMPUR, Nov 23 (Bernama) -- The MADANI leadership has witnessed the formation of a new era of inclusivity, integrity, and productive national development, further strengthening Malaysia’s economic and social performance, said Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Bursa Malaysia Opens Lower, Tracking Weaker Wall Street Performance

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Govt Aims To Lower Fiscal Deficit To 3 Pct In Medium Term – Lim

KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

Gold Futures End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.