4m ago
KUALA LUMPUR, Sept 22 (Bernama) -- The RON95 petrol rationalisation plan, which sets the price of the fuel to RM1.99 from RM2.05 per litre starting Sept 30, 2025, is expected to contain inflationary pressures in the country and provide a boost to growth, said OCBC Global Markets Research.
4m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Monday, supported by sustained buying of heavyweight counters in the construction, utilities and financial services sectors.
4m ago
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.
4m ago
By Zufazlin Binti Baharuddin
KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FBM KLCI remained in positive territory at midday in line with most regional peers.
4m ago
KUALA LUMPUR, Sept 22 (Bernama) -- Boustead Petroleum Marketing Sdn Bhd (BHPetrol) engine oil has officially received the SIRIM Pure Product Certification License from SIRIM QAS International, thus further strengthening the brand’s position in the national engine oil market.
4m ago
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
4m ago
KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising above the key 1,600 level, buoyed by positive sentiment from Wall Street.
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia wrapped up the holiday-shortened trading week on a slightly weaker note on Friday, remaining below the 1,600 points psychological level amid a lack of fresh leads.
4m ago
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
4m ago
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) rose 4.2 per cent to 73,041 units in August from 70,101 units in July, according to the Malaysian Automotive Association (MAA).
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.
4m ago
KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.