HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025
KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.
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Middle East Geopolitical Tensions And Their Short-term Impact On Malaysia - Amir Hamzah
KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Kenanga Investment Bank Revises 2025 Inflation Forecast Downward To 2.0 Pct
KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.
Auto Sector To Have Minimum Impact From SST Expansion -- CIMB Securities
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
MADANI Economic Reform Agenda Yielding Results
PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.
SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB
KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
WEF Report: 65 Pct Of Countries Improve Energy Transition Performance
KUALA LUMPUR, June 18 (Bernama) -- The World Economic Forum (WEF) 2025 Energy Transition Index showed the fastest progress since pre-COVID-19, with 65 per cent of surveyed countries improving and 28 per cent advancing across all core dimensions of energy system performance -- security, sustainability and equity.
RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Petronas Backs Fuel Subsidy Reform To Support Energy Transition
KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.
Bursa Malaysia Remains Lower At Midday As Profit-taking Continues
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts.
Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar
KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim.
Bursa Malaysia Declines 0.56 Pct At Midday As Washington's Tariff Plan Weighs On Sentiment
KUALA LUMPUR, June 13 (Bernama) -- Investor confidence remains under pressure amid a fragile global trade environment, as Washington announced its intention to send letters outlining unilateral tariffs to trading partners within two weeks, adding to existing economic uncertainties.