By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia turned slightly higher at midday, lifted by buying in selected heavyweights, particularly in the consumer products and services, as well as utilities sectors.
GEORGE TOWN, Sept 23 (Bernama) -- The government will introduce several control measures to ensure RON95 petrol subsidies are properly targeted and not misused.
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.
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.
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.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies.
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.
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.
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.
KUALA LUMPUR, Sept 17 (Bernama) -- The upcoming Budget 2026 is expected to continue focusing on modest fiscal consolidation even as external headwinds build, according to OCBC Bank.
KUALA LUMPUR, Sept 8 (Bernama) -- The government is in the final stage of concluding eligibility criteria and implementation methods for RON95 fuel subsidies with stakeholders, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
