10d ago
KUALA LUMPUR, March 3 (Bernama) -- The actual expenditure on diesel subsidies decreased to RM6.2 billion in 2025 compared to RM10.1 billion in 2024, resulting in savings of about RM4 billion.
11d ago
KUALA LUMPUR, March 3 (Bernama) -- U Mobile has signed a memorandum of understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to accelerate the development of cutting-edge applications in line with U Mobile’s digital transformation goals.
11d ago
KUALA LUMPUR, March 3 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is keeping its baseline forecast for the ringgit to continue to strengthen further against the US dollar, averaging in 2026 to around RM4.00 (2025: RM4.28).
11d ago
KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s substantial Liquefied Natural Gas (LNG) exports uniquely position the country to benefit from rising gas prices, with a US$5 per million British thermal units (MMBtu) increase estimated to add 1.23 per cent of gross domestic product to the current account.
11d ago
KUALA LUMPUR, March 3 (Bernama) -- A temporary closure or restriction of the Strait of Hormuz could sharply tighten supply, pushing up global crude oil and liquefied natural gas (LNG) prices, Economy Minister Akmal Nasrullah Nasir said.
12d ago
KUALA LUMPUR, March 2 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the Overnight Policy Rate (OPR) at 2.75 per cent when the Monetary Policy Committee (MPC) meets this Thursday, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
12d ago
KUALA LUMPUR, March 2 (Bernama) -- More than 88 per cent of 16.5 million eligible individuals, or close to 14.8 million, have benefited from the RM1.99 per litre RON95 price, according to Finance Minister II Datuk Seri Amir Hamzah.
12d ago
KUALA LUMPUR, March 2 (Bernama) -- The value of the ringgit had increased by 4.31 per cent to RM3.89 against the US dollar as of March 1, 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
12d ago
KUALA LUMPUR, March 2 (Bernama) — Revenue from individual taxpayers is projected to increase by 9.4 per cent in 2026, driven partly by more stable wage growth, leading to a 13 per cent rise in registered individual taxpayers, according to the Finance Ministry.
12d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
12d ago
KUALA LUMPUR, March 2 (Bernama) -- Malaysia’s loan growth is expected to expand within 5.0 per cent to 5.5 per cent this year, up from 4.8 per cent in 2025, supported by a favourable base effect at end-2025 and steady domestic demand, said Kenanga Investment Bank Bhd (Kenanga IB).
13d ago
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.