28d 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.
28d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Oil prices are set to gain support from the United States (US) Federal Reserve’s (Fed) latest rate cut, which is expected to lift global demand sentiment, according to independent energy research company, Rystad Energy.
29d ago
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.
1m ago
GEORGE TOWN, Sept 11 (Bernama) -- Chief Minister Chow Kon Yeow is confident that Penang's Consolidated Revenue Account (CRA) can be restored to nearly RM1 billion by 2028 through prudent financial management and higher state revenue.
1m ago
KUALA LUMPUR, Sept 10 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised its 2025 projection for the 10-year Malaysian Government Securities (MGS) yield to end the year at around 3.40 per cent, following the recent overnight policy rate (OPR) cut.
1m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.
1m ago
KUALA LUMPUR, Sept 2 (Bernama) -- The government is finalising a new tax incentive framework to attract more high-value investments, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 30 (Bernama) -- The ruling by a United States (US) federal appeals court declaring most of President Donald Trump’s tariffs illegal could bring relief to the global economy by easing cost pressures on businesses and restoring demand.
1m ago
WASHINGTON, Aug 30 (Bernama-dpa) -- A United States (US) appeals court on Friday ruled that US President Donald Trump lacked the authority to impose sweeping tariffs on imports under a national emergency law, reported German Press Agency (dpa).
1m ago
KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
1m ago
KUALA LUMPUR, Aug 25 (Bernama) -- The country’s new debt has gradually reduced despite continuing polemics on the national debt position, said Prime Minister Datuk Seri Anwar Ibrahim.