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.
| LATEST NEWS | Amendment to Postal Services Act 2012 expected to be tabled in Parliament by year-end - Fahmi | Kota Tinggi Bypass Bridge project 85 per cent completed, expected to be ready by end of July - Ahmad Maslan | Carbon tax: Government may review implementation timeline in light of current economic and geopolitical crisis - Arthur Joseph | Supply chain resilience, energy and food security, as well as technology collaboration and investment require collective ASEAN effort -- Liew Chin Tong | Learning from the experience of previous crises, the government is more careful about providing assistance to groups affected by the West Asia crisis - PM Anwar | |
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Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF
KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.
CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.
Gold Futures Close Lower On Strengthening US Dollar
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance.
Capital A Optimistic About Exiting PN17 Status By Year-end -- Tony Fernandes
KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.
Northeast Group Seeks More Details From Govt On NSS Initiatives In Budget 2025
KUALA LUMPUR, Oct 15 (Bernama) -- ACE Market debutant Northeast Group Bhd has urged the government to provide more details on the National Semiconductor Strategy (NSS) as it seeks a clearer understanding of how the government plans to assist industry players in the upcoming Budget 2025.
Timing Right For Malaysia To Introduce Used Cooking Oil Futures
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 15 (Bernama) -- It is the perfect time to introduce used cooking oil (UCO) futures in light of the growing emphasis on sustainability in the palm oil industry, according to an industry expert.
CPO Futures Closes Mostly Lower On Profit-taking
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower today due to profit-taking, said a dealer.
Gold Futures Close Higher
KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today ahead of the United States Producer Price Index data to be released later tonight.
Rubber Market Ends Higher, Tracking Regional Futures Markets
KUALA LUMPUR, Oct 14 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets.
Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist
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.