2h ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).
3h ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit closed higher against the weakening greenback on Thursday as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.
4h ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to expand by 4.7 per cent in the third quarter of 2026, supported by domestic consumption, investment and manufacturing activity, according to TA Securities.
4h ago
KUALA LUMPUR, Oct 15 (Bernama) -- The RM83 billion development expenditure allocation under Budget 2027 forms part of Malaysia’s RM430 billion five-year development allocation under the 13th Malaysia Plan (13MP) 2026–2030 to expand productive capacity and drive higher-value economic growth, said the Ministry of Finance (MoF).
6h ago
KUALA LUMPUR, Oct 15 (Bernama) -- Data centre investors will be required to bear the cost of upgrading electricity transmission lines to meet their power requirements, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
9h ago
PUTRAJAYA, Oct 15 (Bernama) -- Malaysia's information and communication technology (ICT) industry and e-commerce contributed RM476.8 billion, or 23.5 per cent, to the country's gross domestic product in 2025, according to the Department of Statistics Malaysia (DOSM) ICT Satellite Account statistics.
13h ago
By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.
1d ago
By Siti Noor Afera Abu & Naveen Prabu
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher on Wednesday, as bargain hunting continued in banking heavyweights, with the market remaining largely in positive territory throughout the trading session.
1d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Investors in Malaysia should be assessed on the quality of jobs they create and how they treat workers, particularly women, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
2d ago
By Kenny Teng Khoon Hock
BANGKOK, Oct 13 (Bernama) -- Malaysia aims to reduce its fiscal deficit to below three per cent of gross domestic product (GDP) within the next two years through fiscal consolidation, targeted subsidy reforms and stronger private-sector participation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
2d ago
By Karina Imran
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia is capable of achieving its fiscal deficit target of 3.3 per cent of gross domestic product (GDP) under Budget 2027, provided the assumptions underpinning the budget hold amid global economic and geopolitical uncertainties, said Tengku Datuk Seri Zafrul Abdul Aziz.
2d ago
KUALA LUMPUR, Oct 13 (Bernama) -- BMI has maintained its forecast for Malaysia’s fiscal deficit to narrow to 3.4 per cent of gross domestic product (GDP) in 2027 from an estimated 3.6 per cent in 2026.