By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).
By M.Saraswathi & Karina Imran
KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
A Commentary By Nurul Hanis Izmir
PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s gross domestic product (GDP) growth forecast for 2025 has been revised to 3.9 per cent, a 0.6 percentage-point downgrade from January 2025’s projection, according to the World Bank’s Global Economic Prospects report.
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.
KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.
By Zufazlin Baharuddin
KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.
KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
