LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 
BUSINESS • 16/08/2025 09:44 PM

Strong Q2 Economic Growth Proves Effectiveness Of Gov't Policies - BBC

KUALA LUMPUR, Aug 16 (Bernama) -- The MADANI Backbenchers Club (BBC) has described the country’s economic growth of 4.4 per cent in the second quarter of this year as proof of the effectiveness of the government’s policies in strengthening the nation’s economic resilience.

The BBC said the achievement was supported by robust domestic demand resulting from various government initiatives, including increases in the minimum wage and civil servant salaries, as well as direct assistance to the people, such as Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA).

“These measures have increased the people’s purchasing power, thus continuing the momentum of economic development. Most importantly, the inflation rate is still under control, which indirectly maintains the people’s purchasing power.

“The BBC today congratulates the MADANI Government on Malaysia’s strong and resilient economic performance in the second quarter of 2025,” it said in a statement today.

The BBC said private and public investments, which recorded growth, and the strengthening of the ringgit against the US dollar showed international market confidence in the country’s economic prospects, as a result of the government’s proactive financial management.

“Although the country faces external challenges, such as global trade uncertainty and tariff pressures, the country’s economic fundamentals remain strong.

“We are confident that with the successful implementation of the national master plan and economic structural reforms as emphasised in the 13th Malaysia Plan (13MP), Malaysia will continue to be on the right track in building a more resilient economy,” it added.

-- BERNAMA 

 

 

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