19m ago
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.
13h ago
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments.
17h ago
KUALA LUMPUR, Oct 11 (Bernama) — The creation of SemiconStart, a new incubator programme for semiconductor startups is seen as a positive and timely initiative to help build Malaysian champions in the electrical and electronics (E&E) sector, said the Malaysia Semiconductor Industry Association (MSIA).
17h ago
KUALA LUMPUR, Oct 11 (Bernama) -- The proposed inclusion of Lemon Law under the Consumer Protection Act 1999, which will protect buyers from purchasing defective vehicles, is broadly positive for market confidence as it could encourage consumers to consider new automotive brands, according to RHB Investment Bank Bhd.
1d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).
1d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Federal Land Development Authority (FELDA), the Rubber Industry Smallholders Development Authority (RISDA), and the Federal Land Consolidation and Rehabilitation Authority (FELCRA) will continue to safeguard over 720,000 settlers, smallholders, and their families with an allocation of nearly RM2.4 billion under Budget 2026.
1d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim today presented Budget 2026 totalling RM419.2 billion.
1d ago
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
1d ago
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).
1d ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
1d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.
1d ago
KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).