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Global Economy Challenging, Govt Continues Taking Necessary Measures To Face Uncertainty - PM Anwar

KUALA LUMPUR, May 1 (Bernama) -- The government will continue to take the necessary measures in facing global economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.

Operating Expenditure Adjustments Will Not Affect Frontliners -- Amir Hamzah

By Siti Noor Afera Abu

KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Sabah Sets Up Special Committee To Study Targeted Subsidies Amid Global Oil Price Rise

KOTA KINABALU, April 29 (Bernama) -- The Sabah state government has established a special committee to study the need for targeted subsidies as an effort to assist sectors affected by the rise in global oil prices, said Deputy Chief Minister II Datuk Seri Masidi Manjun.

Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

Govt To Improve Non-Critical Spending To Protect People And Economy - MOF

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MoF) has confirmed that guidelines have been issued to ministries and agencies to restructure operating expenditure.

MOF Mulls More Targeted Diesel Subsidy Mechanism For Sabah, Sarawak -- Fahmi

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.

Understanding Supply Chain Shocks Amid Hormuz Disruptions is ASEAN's Key Challenge

KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.

Biofuel Committee Established To Accelerate National Energy Security Agenda - Akmal

KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.

Local Equity Market Remains Resilient, Reflects Investor Confidence - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.

Govt Moves To Boost Resilience, Ensure Energy Supply, Contain Costs - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia ended the morning trading session on a positive note, supported by buying interest in selected technology stocks, which saw increased demand following strong signals of growth in artificial intelligence (AI).

Early Intervention Cushions Malaysia Against West Asia Shock

By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren

KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.