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By Mohd Iswandi Kasan Anuar and Nor Baizura Basri
PUTRAJAYA, Jan 17 (Bernama) -- Despite the view that subsidies are inefficient and prices of basic necessities should be determined by market forces, the MADANI Government has chosen a more realistic approach by providing targeted subsidies to help households cope with cost-of-living pressures.
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- Almost one third of the approximately RM624.97 million disbursed under the Sumbangan Asas Rahmah (SARA) aid programme since Jan 9 has been spent as of Jan 13, indicating its effectiveness in helping low-income groups cope with the cost of living.
KUALA LUMPUR, Jan 16 (Bernama) -- CIMB Treasury and Markets Research has revised its 2026 gross domestic product (GDP) forecast upward to 4.4 per cent from 4.1 per cent previously, supported by continued growth momentum in the services and construction sectors but balanced by moderation in manufacturing.
KUALA LUMPUR, Jan 2 (Bernama) -- Banks’ net interest margin (NIM) is anticipated to recover in the second half of 2026 (2H 2026), assuming the Overnight Policy Rate (OPR) remains stable at 2.75 per cent throughout the year, according to Kenanga Investment Bank Bhd (Kenanga IB).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 21 (Bernama) -- Razorpay Curlec Sdn Bhd is positioning itself for its next phase of growth as Malaysia’s digital payments market shifts from rapid adoption towards deeper integration, scale and cross-border capability, said country head and chief executive officer Kevin Lee.
KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
KUALA LUMPUR, Nov 13 (Bernama) -- Bank Islam Malaysia Berhad (Bank Islam), through its globally recognised social finance driver, Sadaqa House, continues to reinforce its commitment to empowering the next generation, especially orphans, asnaf individuals, and the B40 group, through the disbursement of Sadaqa House Scholarship and Education Grant.
KUALA LUMPUR, Nov 7 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, reported consolidated revenue of 730.7 million euros for the first nine months of 2025, down 3.6 per cent from a year earlier. (1 Euro = RM4.82)
KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.2 per cent in the third quarter of 2025 (3Q 2025), based on advance gross domestic product (GDP) estimates by the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF).
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 10 (Bernama) -- The government has allocated a total of RM419.2 billion under Budget 2026, representing 19.7 per cent of gross domestic product (GDP), said the Ministry of Finance (MoF).
