| LATEST NEWS | Pakistan urges US and Iran stick to the temporary ceasefire after Saturday’s negotiation end without a deal | Selangor Sultan calls on Haj pilgrims to maintain discipline, obey rules in the Holy Land, protect Malaysia's good name | 10,000 traders under KL City Hall (DBKL) supervision receive 50 percent reduction in site rental rates until 2027 - Hannah Yeoh | Selangor Sultan advises prospective Haj pilgrims to control spending in the Holy Land, especially in an uncertain global economic situation | |
KUALA LUMPUR, Dec 4 (Bernama) -- The government will continue to balance efforts to strengthen the country’s financial position to be more sustainable while ensuring that fiscal policies continue to support the national economic growth momentum, according to Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.
KUALA LUMPUR, Nov 23 (Bernama) -- The MADANI leadership has witnessed the formation of a new era of inclusivity, integrity, and productive national development, further strengthening Malaysia’s economic and social performance, said Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar.
KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.
KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.
KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.
