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MBSB Research Projects 4.0 - 5.0 Pct Annual GDP Growth Under 13MP

KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) will likely target sustainable gross domestic product (GDP) growth of 4.0-5.0 per cent annually from 2026 to 2030, driven by infrastructure development, domestic consumption and strategic initiatives like the Johor-Singapore Special Economic Zone, according to MBSB Investment Bank (MBSB Research). 

MITRA To Implement Three PPSMI Programmes With RM21.25 Mln In Allocations -- Ramanan

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA) has received approval to implement three programmes under the Socioeconomic Development Programme for the Indian Community (PPSMI) initiative with an allocation of RM21.25 million.

Camaroe Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, July 29 (Bernama) -- Camaroe Bhd has inked an underwriting agreement with M & A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

PKPS To Export Sunflower Oil, Margarine To Australia Next Month - Exco

SHAH ALAM, July 25 (Bernama) -- The Selangor Agricultural Development Corporation (PKPS) will begin exporting cooking oil, sunflower oil, and margarine to international markets starting next month, according to state Agriculture and Infrastructure Committee chairman Datuk Izham Hashim.

Govt Approves RM14.39 Mln Grant To SUHAKAM, For 2023 Operations Cost

KUALA LUMPUR, July 24 (Bernama) -- The government through the Ministry of Finance (MoF) has approved a grant of RM14.39 million to the Human Rights Commission of Malaysia (SUHAKAM) in 2023 to cover operating expenses and meet the objectives of its establishment.

RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks

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.

Malaysia Airports Targets June 2028 For Completion Of Penang Expansion

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) aims to complete the Penang International Airport (PIA) expansion project by June 2028, with several phases of work already underway, said group managing director Datuk Mohd Izani Ghani.

Financial Aid Programmes To Support B40, SST To Drive Economic Stability -- Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).

Sabah Attracts Third Largest Total Investment In Malaysia For 1Q 2025

KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

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.

Sarawak’s Self-reliant Infrastructure Surge Sets It Apart From Federally Dependent Sabah

LABUAN, June 25 (Bernama) -- Despite sharing similar geographies and economic aspirations, Sarawak and Sabah have taken markedly different paths in infrastructure development. 

Penang Appeals For Tax Sharing To Boost State Development

GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.