8m ago
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks.
8m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.
8m ago
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.
8m ago
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.
8m ago
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.
8m ago
KUALA LUMPUR, Oct 12 (Bernama) -- The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).
8m ago
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
8m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).
8m ago
SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.
8m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia has become increasingly attractive to foreign investors due to several factors, such as the country’s political stability and track record in exercising fiscal responsibility, said UBS Global Research.
8m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday as caution weighed on sentiment amid a mixed performance in regional bourses, an analyst said.
8m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is projected to register a higher sukuk issuance in the second half (2H) of this year despite lower domestic sovereign issuance in the first half (1H), according to Moody’s Ratings.