OMV Tax On local CKD Vehicles Will Not Burden B40, M40 -- Sim

KUALA LUMPUR, Feb 23 (Bernama) -- The full implementation of the open market value (OMV) tax structure for locally assembled Completely Knocked Down (CKD) vehicles will not burden the B40 and M40 income groups, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said today.

Federal Govt Liabilities At RM390.4 Bln As Of End-June 2025 -- MoF

KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.

SJKP Guarantees Over 100 Pct Home Financing For First-time Buyers

KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.

BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

Govt's RM100 Cash Aid To Spur Spending, Benefit Small Traders - Consultant

KUALA LUMPUR, July 29 (Bernama) -- The government’s RM100 one-off cash assistance is expected to generate a significant ripple effect for local economies, particularly benefiting small traders, wet market operators and neighbourhood retailers across the country.

JS-SEZ Draws Global Investor Interest As Johor Emerges ASEAN Gateway

JOHOR BAHRU, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is drawing increasing interest from international investors, particularly from Japan, South Korea, China, and Europe, as Johor positions itself as a strategic gateway to the ASEAN market.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

Lagenda Expands Presence Into N. Sembilan, Acquires Land With RM550 Mln GDV

KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.

URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home

KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.

KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.

MR DIY Shares Slide After Reporting Lower 3Q Net Profit

KUALA LUMPUR, Nov 15 (Bernama) -- MR DIY Group (M) Bhd shares fell in early Bursa Malaysia trade today following a drop in third-quarter (3Q) 2024 net profit.