Govt Succeeds In Reducing New Debt - Anwar

PUTRAJAYA, July 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government has succeeded in reducing the annual debt to RM77 billion in 2024 from RM99 billion in 2022.

Malaysia’s 2Q GDP Growth Estimate Of 4.5 Pct Beats Consensus, Shows Economic Resilience -- Economists

KUALA LUMPUR, July 18 (Bernama) -- The government’s advance economic growth estimate of 4.5 per cent for the second quarter of 2025 (2Q 2025) beats most analysts’ projections, demonstrating the country’s economic resilience.

Long-Term Structural Reforms Needed To Address Cost Of Living - Economist

KUALA LUMPUR, July 17 (Bernama) -- The government should adopt more holistic and forward-looking reforms to manage the rising cost of living, beyond short-term fiscal support, said AmBank Group chief economist Firdaos Rosli.

APT Reaffirms Commitment To Economic Integration, WTO Reform Amid Global Uncertainties

KUALA LUMPUR, July 13 (Bernama) -- The ASEAN Plus Three (APT) countries have reaffirmed their strong commitment to deepening regional economic integration and maintaining a rules-based multilateral trading system, amid escalating global economic and trade uncertainties.

Brisk Ringgit Transactions Ensure Malaysian Currency Maintains High Global Standing

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.

Malaysia Should Strengthen ASEAN Ties, Engage In Multilateral Cooperation To Counter Trade Pressures -- Experts

By Harizah Hanim Mohamed

KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.

OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.

Ringgit Falls Against Greenback As US Tariff Concerns Dominate Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment, an analyst said. 

MPC Pre-emptively Cuts OPR To Preserve Steady Growth Path - BNM Governor

KUALA LUMPUR, July 9 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).  

BNM Cuts OPR By 25 Bps To 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today. 

Financial Aid Programmes To Support B40, SST To Drive Economic Stability -- Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).

Ringgit Eases Against US Dollar On US Tariff Adjustments

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.