1d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 9 (Bernama) -- The federal government's financing and debt management strategy will continue to balance the need to finance national development priorities with the imperative of preserving fiscal resilience and maintaining debt sustainability.
1d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The MADANI government has worked to rebuild Malaysia's fiscal resilience by bringing down the fiscal deficit from 6.4 per cent of gross domestic product (GDP) in 2021 to 3.6 per cent in 2026, with a further reduction to 3.3 per cent expected through gradual and measured fiscal consolidation.
1d ago
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.
1d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to introduce stronger incentives under Budget 2027 for environmental technologies, pollution prevention, industrial research and development, innovation, and small and medium enterprise (SME) sustainability investments.
1d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, will table Budget 2027 in the Dewan Rakyat at 3.30 pm today, half an hour earlier than the usual 4 pm slot.
2d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has accepted the proposal to establish a disaster and disease control fund for the agri-commodity sector as one of Budget 2027’s main initiatives to help reduce losses for smallholders due to natural disasters, pest attacks, and crop diseases.
2d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Al-‘Aqar Healthcare REIT (Al-`Aqar REIT) has lodged sukuk programmes with the Securities Commission Malaysia, with a combined nominal value of up to RM3 billion.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.
2d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s minimum wage could be raised to RM1,900-RM2,000 but should be introduced gradually and tailored to different sectors and states to ease pressure on micro, small and medium enterprises (MSMEs), an economist said.
2d ago
GEORGE TOWN, Oct 8 (Bernama) -- KYZEN Corporation, which provides precision cleaning solutions for electronics and advanced manufacturing, opened its new facility in Penang today, marking a significant expansion in its operations after more than 16 years here.
2d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Construction and infrastructure company Advancecon Holdings Bhd has partnered ACEN C&I MY Holdings Sdn Bhd to provide clean energy options to tenants of Silver Valley Technology Park (SVTP) in Ipoh, Perak.