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ASEAN Should Take Lead In Building Resilience Amid Challenging Global Landscape - PM Anwar

By Siti Radziah Hamzah, Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN cannot be a passive observer in the face of global economic and geopolitical challenges, but should take the lead in building resilience within the grouping, which has over 600 million people, says Datuk Seri Anwar Ibrahim.

US Commends Malaysia’s Leadership As ASEAN Chair

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 24 (Bernama) -- United States Trade Representative (USTR) Jamieson Greer has commended Malaysia’s leadership as ASEAN chair this year.

ASEAN Steps Up Regional Engagement To Safeguard Growth Amid Protectionist Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 24 (Bernama) -- Confronted with rising protectionism, non-tariff barriers and fragile supply chains, ASEAN Economic Ministers (AEM) have committed to stepping up cooperation to consolidate regional resilience.

RCEP Summit Platform For Malaysia To Champion Free Trade Amid Rising Protectionism

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s hosting of the inaugural Regional Comprehensive Economic Partnership (RCEP) leaders’ summit this October is seen as a timely opportunity for Putrajaya to reinforce the case for free trade at a time when protectionism is on the rise, economists said.

AEM–USTR Consultation With Jamieson Greer To Take Centre Stage Today

By Ahmad Erwan Othman

KUALA LUMPUR, Sept 24 (Bernama) -- The spotlight of the third day of the 57th ASEAN Economic Ministers’ (AEM) Meeting will be the consultation between ASEAN ministers and the United States Trade Representative (USTR), Jamieson Greer.

MADANI Govt Allocates RM11 Bln For BUDI95 Fuel Subsidy - MoF

PUTRAJAYA, Sept 23 (Bernama) — The MADANI government will allocate approximately RM11 billion to cover the difference between the subsidised price of RM1.99 per litre and the unsubsidised pump price of around RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative.

Malaysia On Track To Meet Deficit Target As BUDI95 Subsidy Saves Up To RM4 Bln

SHAH ALAM, Sept 23 (Bernama) – Malaysia remains on track to meet this year’s budget deficit target of 3.8 per cent of gross domestic product (GDP) with the rollout of the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Opens Higher On Wall Street Gains

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia rose at the open on Tuesday, tracking Wall Street gains after Nvidia Corp announced a partnership with OpenAI and pledged up to US$100 billion in investment.

ASEAN Must Boost Interdependence, Trade, Investments For Long-term Economic Survival

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's role as the chair of ASEAN in promoting trade and investment in Southeast Asia, as well as deepening integration through greater interdependence, is crucial for its long-term economic survival amid the uncertainties of the international marketplace.

Malaysia-India Ties Vibrant and Growing - High Commissioner

By Shakir Husain

NEW DELHI, Sept 23 (Bernama) -- Malaysia-India relations remain vibrant and both countries are keen to grow their "forward-looking partnership" through multi-sector cooperation, Malaysian High Commissioner to India Datuk Muzafar Shah Mustafa said.

Ringgit Extends Gains On RON95 Subsidy Reform

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.

Targeted RON95 Subsidies A Landmark To Narrow Fiscal Deficit, Strengthen Debt -- Economist

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.