7m ago
KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.
9m ago
KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025.
9m ago
KUALA LUMPUR, March 9 (Bernama) -- Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.
10m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
10m ago
LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to review and determine appropriate policy changes for subsidy retargeting as part of its ongoing efforts to strengthen the national economy and ensure sustainable fiscal management.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.