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Government Wage Revisions, Minimum Wage Hike To Boost Malaysians' Quality Of Living 

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.

BNM Continues To Monitor Domestic Inflation, Growth Outlook For Sustainable Growth

KUALA LUMPUR, Jan 21 (Bernama) -- Bank Negara Malaysia (BNM) continues to closely monitor the balance of risks related to domestic inflation and the growth outlook to ensure that Malaysia’s monetary policy stance remains conducive to sustainable growth amid price stability. 

AMRO: ASEAN+3 Economies Remain Positive, Set To Grow 4.2 pct In 2025 Amid External Challenges

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- ASEAN+3 economies, comprising 10 ASEAN member states, China, Japan and South Korea, are poised for sustained growth in 2025 despite facing external risks, said ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Khor Hoe Ee.

BNM International Reserves End 2024 Higher At US$116.2 Bln Y-O-Y

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).

FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff

KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.

BNM International Reserves Slip To Us$118.1 Bln As At Dec 13, 2024

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia's international reserves stood at US$118.1 billion (US$1=RM4.50) as at Dec 13, 2024, compared to US$118.3 billion on Nov 30, 2024.

Council Of EU Adopts One-year Postponement For Deforestation Law

KUALA LUMPUR, Dec 20 (Bernama) -- The Council of the European Union (EU) has formally adopted the regulation on the postponement of application of the EU deforestation law by one year.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

 

Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.

Malaysia-South Korea FTA Will Be Finalised Next Year - PM Anwar 

SEOUL, Nov 25 (Bernama) --  The Malaysia-Korea Free Trade Agreement (FTA) will be finalised next year, with both countries committed to speeding up any stalled negotiations. 

Oil And Gas Exploration Vital For Decarbonisation Despite Investment Decline

KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade,  but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.

BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.