4m ago
KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.
5m ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is closely monitoring the possible influx of cheap goods into Malaysia following the US decision to increase import tariffs on several products, including furniture, pharmaceuticals, and semiconductors.
5m ago
KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2026 reflects the government’s commitment to introducing new economic approaches and initiatives designed to empower the people, particularly the younger generation, said political secretary to the Finance Minister, Muhammad Kamil Abdul Munim.
6m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
6m ago
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
6m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.
6m ago
KUALA LUMPUR, Sept 2 (Bernama) -- Asia will retain its leadership in chip manufacturing over the next five years, supported by cost advantages, established ecosystems and deep technical expertise, said Moody’s Ratings today.
7m ago
By Abdul Hamid A Rahman & Mikhail Raj Abdullah
KUALA LUMPUR, Aug 6 (Bernama) -- A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and connectivity via the East Coast Rail Link (ECRL).
7m ago
KUALA LUMPUR, Aug 4 (Bernama) -- The agreement not to impose any export restrictions on the supply of rare earth elements/critical minerals to the United States (US) does not mean that Malaysia grants the US exclusive rights to the supply of those elements.
7m ago
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.