1m ago
KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.
1m ago
KUALA LUMPUR, Feb 4 (Bernama) -- The government’s fiscal deficit calculation should not be questioned as it is reported in line with international standards recognised by global credit rating agencies and multilateral bodies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
5m ago
KUALA LUMPUR, Oct 3 (Bernama) -- The digital transformation agenda under the Thirteenth Malaysia Plan (13MP) will be a critical catalyst in securing the nation’s long-term competitiveness, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
6m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit is projected to strengthen to 4.08 against the US dollar by year end, underpinned by Malaysia’s macroeconomic stability, ongoing reforms and investor rotation out of US assets, Kenanga Investment Bank (IB) Bhd said.
8m ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.
10m ago
KUALA LUMPUR, May 7 (Bernama) -- The government is taking a careful and prudent approach in addressing the issue of tariffs imposed by the United States (US), by prioritising diplomatic negotiations and regional cooperation.
11m ago
KUALA LUMPUR, April 7 (Bernama) -- The MADANI government is putting in place strong measures to mitigate the United States (US) tariffs’ impact on Malaysia, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist.
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Government-linked investment companies (GLICs) including Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will continue to monitor and improve governance in investment evaluation processes, said Finance Minister II Datuk Seri Amir Hamzah Azizan today.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.