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KUALA LUMPUR, Oct 14 (Bernama) -- The International Monetary Fund (IMF) has maintained its projection for Malaysia's real gross domestic product (GDP) growth of 4.5 per cent in 2025 and 4.0 per cent in 2026.
KUALA LUMPUR, Oct 14 (Bernama) -- Global growth is projected to slow to 3.1 per cent in 2026, against 3.2 per cent this year from 3.3 per cent in 2024, said the International Monetary Fund (IMF).
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
KUALA LUMPUR, Oct 14 (Bernama) -- The New Performance-Based Incentive Framework will ensure actual achievements can be measured and encouraged, with incentives granted only when set performance targets are met, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 14 (Bernama) -- The 20th edition of Eco Expo Asia, themed “Green Innovations for Carbon Neutrality”, will be held from Oct 28 to 31 at AsiaWorld-Expo, featuring more than 300 exhibitors from 12 countries and regions.
KUALA LUMPUR, Oct 14 (Bernama) -- Taiwan’s Far Eastern New Century Group (FENC), through wholly-owned subsidiary FE Green PET (M) Sdn Bhd (FE Green PET), has secured RM150 million in green and sustainability-linked financing from HSBC Bank Malaysia Bhd.
KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.
KUALA LUMPUR, Oct 13 (Bernama) -- U Mobile Sdn Bhd has signed its first 5G and 4G wholesale access agreement with Eastel, a new Mobile Virtual Network Operator (MVNO) from Anchor Communications Sdn Bhd.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) will spearhead over RM9 billion worth of strategic initiatives under Budget 2026 to drive the MADANI Economy vision through impact-driven financing, export facilitation and micro, small and medium enterprises (MSMEs) ecosystem development.
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
