LATEST NEWS   At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | 

There are 154 news based on search keyword " households"

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

Strong GDP Growth Proves Effectiveness Of MADANI Economic Policies - PM Anwar

KUALA LUMPUR,  Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia's Political Stability, Monetary Policies Among Contributors To Upbeat GDP --Fahmi

PUTRAJAYA, Feb 14 (Bernama) -- Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

Reforms Are Crucial To Build A More Resilient Economy - Economists

KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.

Sumbangan Asas Rahmah Extended To Sabah, Sarawak Via Mykad

KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).

Distribution Of RM13 Bln SARA, STR Aid Begins Tomorrow, Highest In History

KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of the 'Sumbangan Asas Rahmah' (SARA) aid starting tomorrow will see improvements to the targetted aid resulting from the increase in the Budget 2025 allocations for the SARA and 'Sumbangan Tunai Rahmah' (STR) assistance to their highest historical level of RM13 billion compared to RM10 billion in 2024.

KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

Jiangsu Completes Key Winter Peak Load Projects, Boosting 2024 Power Supply

KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.