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.

Coventry Marks Life Insurance Awareness Month With Renewed Focus On Policyowner Value

KUALA LUMPUR, Sept 23 (Bernama) -- Coventry, the pioneer of the secondary market for life insurance, is celebrating Life Insurance Awareness Month by reaffirming its commitment to turning life insurance into a more flexible and valuable financial asset for policyowners.

ASEAN-China Talks To Centre On Trade Resilience - Analyst 

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- China, one of ASEAN’s dialogue partners, is expected to highlight supply chain resilience, digital economy cooperation, green transition and trade facilitation at the ASEAN Economic Ministers (AEM) 2025.

Japan Remains Crucial To ASEAN Balance – Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- Japan’s presence in Southeast Asia continues to play a pivotal role in balancing great-power competition as ASEAN countries diversify their markets, making it a reliable long-term financing partner and strategic market.

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.

TM Joins Consortium To Develop Cable System Connecting ASEAN Nations To Japan

KUALA LUMPUR, Sept 22 (Bernama) -- Telekom Malaysia Bhd (TM) is collaborating with Meta, SoftBank Corp, IPS Inc, PT XLSmart Telecom Sejahtera Tbk, and NEC Corporation in developing the Candle submarine cable system which connects ASEAN countries to Japan.

ASEAN Should Leverage Middle Class Growth To Drive Economic Development -- Liew

KUALA LUMPUR, Sept 22 (Bernama) -- ASEAN should position itself not merely as a production hub but as a vibrant consumer market, driven by the growth of a strong middle class across its economies, a key objective for the region’s economic development.

Malaysia Must Reposition As A Technology Creator - Liew

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

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.