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25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

Malaysia To Refine Economic Growth Projections With Adoption Of 2025 SNA

PUTRAJAYA, March 11 (Bernama) -- The adoption of the 2025 System of National Accounts (2025 SNA) is expected to refine Malaysia's economic growth projections by enhancing the accuracy and comprehensiveness of its statistical framework, according to the Department of Statistics Malaysia (DOSM).

Reformed MM2H Programme Boosts Economy With Nearly RM1 Bln Annual Investments -- IQI

KUALA LUMPUR, March 11 (Bernama) -- The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.

Bursa Malaysia Remains Lower At Midday On Selling Pressure

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.

ASEAN Should leverage RCEP, FTAs To Mitigate economic Risks From US Tariffs 

KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.

Bursa Malaysia Opens Lower Amid Concerns Of Weakening US Economy

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia continued its downward trend, opening lower on Tuesday, as Wall Street experienced a steep decline.

Ringgit Opens Flat Against US Dollar

KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

Penang Business Events Industry Garners RM1.29 Bln In 2024 - Chow

BAYAN LEPAS, March 10 (Bernama) -- The business events industry in Penang achieved an estimated economic impact (EEI) of RM1.29 billion last year, marking a 24.8 per cent increase from 2023.

MATRADE To Unveil MADANI Digital Trade, A Platform To Connect Malaysian Businesses To Global Markets

KUALA LUMPUR, March 10 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is set to launch MADANI Digital Trade (MDT), an integrated virtual showcase, on March 13, 2025, at the Malaysia International Trade and Exhibition Centre (MITEC), here.

MTD Properties Set To Launch Five New Projects This Year

By Mohd Ashraf Syafiq Mazlan

KAJANG, March 10 (Bernama) -- MTD Properties continues to strengthen its brand in the property industry with the launch of five new projects in Selangor and Melaka this year, which will benefit the community and boost local economic growth. 

YTL Communications Enters Strategic JV With Bullish Aims Group

KUALA LUMPUR, Feb 24 (Bernama) -- Bullish Aim Group and YTL Communications Sdn Bhd, a YTL Power International Bhd subsidiary, have entered into a strategic joint venture to develop next-generation common fibre infrastructure.

Ringgit Opens Stronger On Higher Expectation Of US Rate Cut

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, extending its positive momentum, propelled by mounting expectations of a US Federal Funds Rate cut, which triggered a dramatic plunge in the US Dollar Index (DXY).