European Central Bank Leaves Rates Unchanged Amidst Heightened Geopolitical Tensions

FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.

MBSB IB: High Oil Prices May Weigh On Property Sector

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).

Manufacturers Should Remain Vigilant Over Rising Construction Material Cost -- REHDA

PETALING JAYA, Jan 6 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (REHDA) has urged local producers and manufacturers to remain vigilant over the rising cost of construction materials, which could impact the affordability of property prices.

Govt Identifying Methods To Minimise Local Vehicle Price Hikes - Lim Hui Ying

KUALA LUMPUR, Nov 6 (Bernama) -- The government is identifying the best methods to mitigate the implications of the increase in local vehicle prices in line with the enforcement of regulation P.U.(A) 402/2019, said Deputy Finance Minister Lim Hui Ying.

13MP: High-value Manufacturing Vital To Maintain Malaysia's Position As Top Glove Exporter -- Margma

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.

Pet Food Supply In Malaysia Stable Despite Thai-Cambodia Tensions

KUALA LUMPUR, July 28 (Bernama) -- The ongoing tension between Thailand and Cambodia is unlikely to disrupt the supply of tuna-based pet food in Malaysia for now, although some industry players have raised concerns over rising costs and potential logistical challenges if the situation escalates.

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).

Eco-Shop Positive About Performance Despite Price Hike

KUALA LUMPUR, May 23 (Bernama) -- Household retailer Eco-Shop Marketing Bhd remains optimistic about its performance despite hiking up product prices to RM2.60 from RM2.40 last month. 

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.

LPPB Raises Concern Over Rising Construction Material Costs

KOTA KINABALU, April 12 (Bernama) -- Sabah Housing and Urban Development Authority (LPPB) today raised concerns over surging prices of construction materials such as cement, bricks, fertilisers and timber, which have recorded significant increases since January.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

MoF Dismisses 2026 Car Price Hike Reports, Says Vehicle Valuation Review Underway  

KUALA LUMPUR, Feb 11 (Bernama) -- The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (MITI) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.