7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Development expenditure is projected to rise a modest 3.8 per cent year-on-year to RM83 billion under Malaysia’s Budget 2027, CIMB Securities said.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed lower at mid-morning weighed down by persistent selling in selected heavyweights led by the financial services and construction sectors.
7d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated shortly after, tracking weaker Wall Street performance overnight as sentiment was weighed down by surging US Treasury yields.
7d ago
By M. Saraswathi
KUALA LUMPUR, Oct 8 (Bernama) -- As Malaysians come away exhilarated from Formula One’s return to Sepang after a nine-year absence, it is apt for Budget 2027 to be similarly operationalised in a manner that will create far-reaching tangible spillover benefits, especially as Malaysia turns 70 next year.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday as markets awaited the tabling of Budget 2027 for clues on the direction of the country’s fiscal deficit.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).
7d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The total outstanding government-guaranteed loans for the Federal Land Development Authority (Felda) stood at RM5.88 billion as of Sept 30, 2026, after accounting for principal repayments totalling RM3.04 billion, according to the Ministry of Finance (MOF).
7d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The additional tax claim against Tenaga Nasional Bhd (TNB) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).
7d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The government spent RM3.886 billion on cooking oil subsidies from 2024 to 2025, compared with RM3.278 billion collected in windfall profit levies from the palm oil industry during the same period, according to the Ministry of Finance (MoF).
7d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Ministry of Finance (MOF) is finalising a proposal to enact the Statutory Bodies and Controlled Entities (Financial Governance) Act to strengthen the governance of government-owned companies.
7d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Energy Commission (ST) will support the hosting of the ASEAN School of Regulation (ASR) in Malaysia, a regional initiative aimed at strengthening regulatory capability and accelerating the development of the ASEAN Power Grid (APG).
7d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday tracking weaker soybean oil prices.