Ringgit Up Against US Dollar At Close, Mostly Higher Against Major Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed higher against the US dollar and mostly higher against other major currencies on Wednesday, supported by Malaysia’s resilient economic performance.

AirAsia Shares Slide 3.29 Pct Amid Funding Uncertainty, Rising Fuel Costs

KUALA LUMPUR, Oct 20 (Bernama) -- AirAsia Group Bhd shares dipped 3.29 per cent amid the airline's ongoing financial woes following the spike in jet fuel prices due to the West Asia conflict.

MoF: No Commitment To Provide Financing Support To AirAsia

KUALA LUMPUR, Oct 19 (Bernama) -- The Finance Ministry (MoF) has not made any commitment to provide financial assistance to AirAsia Bhd, whether in the form of guarantees, financing or injection of public funds.

CIMB Expects Bank Indonesia To Raise Rates This Week

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.

Malaysia Is Back In Business, Amir Hamzah Tells IMF-World Bank Meetings

By Kenny Teng

BANGKOK, Oct 19 (Bernama) -- Malaysia’s message at the International Monetary Fund (IMF)-World Bank Group Annual Meetings here is clear: the country is back in business, backed by political stability, policy clarity and sustained reforms that are strengthening investor confidence amid global uncertainty.

Economic Reforms Over The Past Four Years Have Strengthened Malaysia -- PM Anwar

By Nurul Hanis Izmir

PUTRAJAYA, Oct 19 (Bernama) — Economic reform efforts implemented by the government over the past four years have helped boost the country’s economy and improve public well-being, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Continues Servicing Legacy Debt Including 1MDB's, Seeks To Reduce New Borrowing - PM Anwar

PUTRAJAYA, Oct 19 (Bernama) -- The government continues to shoulder debt obligations inherited from previous administrations, including liabilities linked to 1Malaysia Development Bhd (1MDB), while working to reduce its reliance on new borrowing, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia’s Diversified Economy, Fiscal Buffers To Cushion External Shocks -- Amir Hamzah

By Kenny Teng

BANGKOK, Oct 18 (Bernama) -- Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Budget 2027 To Boost Malaysia’s Competitiveness In High-value Industries – Amir Hamzah

By Kenny Teng

BANGKOK, Oct 17 (Bernama) -- Budget 2027 will strengthen Malaysia’s position in high-value industries by attracting quality investments, deepening local supply chains and developing skilled talent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Budget 2027: RM83 Bln Development Expenditure Boosts Growth, Infrastructure

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s RM83 billion development expenditure allocation under Budget 2027 offers an opportunity to strengthen the country’s economic foundations, expand business opportunities and support sustainable growth, according to Malaysian Rating Corporation Bhd (MARC).

RHB Keeps Malaysia’s 2027 GDP Growth Forecast At 4.9 Pct On Supportive Budget

KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.

Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks – IMF

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).