OPR Decision Will Continue to Be Driven by Domestic Factors - Amir Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target

KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.

ICT And E-Commerce Contribute RM427.7 Bln To GDP In 2023 - DoSM

KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM). 

Government To Look Into A 'Scorecard' For High-quality Investments - MITI

KUALA LUMPUR, Oct 15 (Bernama) -- The government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations (NIA) and New Industrial Master Plan (NIMP), said the Investment, Trade and Industry Ministry (MITI). 

MIDA Connects Investors With Local Talent Through Innovative Pathways - CEO

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is actively crafting innovative and strategic pathways, connecting investors and industry players with local talent to meet the ever-evolving demands of the industry.

Budget 2025: SME Bank Calls For Supportive Measures To Boost SME Growth 

KUALA LUMPUR, Oct 15 (Bernama) -- With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Audit Report: Federal Govt Channels Grants Worth RM39.74 Bln to 1MDB

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government has channelled grants amounting to RM39.74 billion to 1Malaysia Development Bhd (1MDB) from 2019 to 2023.

Foreign Selling Of Malaysian Equities Eases To RM45.7 Mln Last Week

KUALA LUMPUR, Oct 14 (Bernama) -- Foreign investors continued selling domestic equities for a third consecutive week, though at a more moderate pace of RM45.7 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.