3m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF).
3m ago
KUALA LUMPUR, Oct 10 (Bernama) – The BUDI95 programme is projected to generate savings that will be directed towards strengthening targeted social assistance such as the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), ensuring fiscal resources are channelled more effectively to the vulnerable group, according to the Ministry of Finance (MoF).
3m ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
3m ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.
3m ago
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government is committed to expanding the Malaysian Halal Certification (SPHM) recognition, especially to empower micro, small and medium enterprises (MSMEs) in the global halal industry and enhance the country’s export value chain, according to the Prime Minister's Department (PMD).
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd has returned to profitability, posting a net profit of RM109.07 million for the financial year ended Aug 31, 2025 (FY2025), compared with a net loss of RM64.88 million a year earlier.
3m ago
From Zufazlin Baharuddin
HELSINKI, Oct 9 (Bernama) -- Finland’s expertise in waste-to-energy and Malaysia’s existing carbon storage capacity present opportunities for knowledge exchange in carbon capture and storage (CCS), helping both countries move towards carbon neutrality.
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- The federal government has approved loans totalling RM24.15 billion to state governments as of Aug 31, 2025, according to the Ministry of Finance (MOF).
3m ago
SINGAPORE, Oct 8 (Bernama) -- More good news is expected to be announced next week on the Johor-Singapore Special Economic Zone (JS-SEZ), as part of ongoing efforts to sustain momentum in attracting investors to the area, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.