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By Siti Radziah Hamzah
KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).
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KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note as positive sentiment persisted on the local bourse, supported by gains in utilities as well as consumer products and services stocks.
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KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.
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KUALA LUMPUR, July 24 (Bernama) -- The consumer sector appears to be regaining its bullish momentum with notable names such as 99 SpeedMart, AEON, EcoShop, and Farm Fresh posting strong gains, which has resulted in the Kuala Lumpur Composite Index (KLCI) recording its first green session for the week.
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KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd.
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KUALA LUMPUR, July 23 (Bernama) -- The retail prices of RON95 and RON97 petrol will remain unchanged at RM2.05 and RM3.21 per litre, respectively, for the period of July 24 to 30.
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KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.
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KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank.
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KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.
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KUALA LUMPUR, July 22 (Bernama) -- Research firms have revised their forecasts for Malaysia’s headline inflation in 2025, lowering it to 1.5 per cent to 1.8 per cent.
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KUALA LUMPUR, July 22 (Bernama) -- Malaysia's inflation for 2025 is projected at 2.0 per cent, supported by the “gradual and orderly implementation of fiscal retargeting measures and moderate demand-side pressures,” said RHB Investment Bank Bhd (RHB IB).
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KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia ended the morning session 0.36 per cent lower, tracking mixed global markets, as investor sentiment turned cautious amid renewed trade tensions sparked by the United States’ proposal to impose tariffs of 15 to 20 per cent on European Union imports.