AM Best Affirms Mongolian Re Credit Ratings

KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).

Targeted Subsidy Doesn't Increase National Debt, Savings Up To RM4 Bln Per Year -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.

BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).

PAC Urges Khazanah To Strengthen Non-financial Risk Analysis

KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.

Sabah Budget 2026 To Be Tabled On Dec 12 - Masidi

KOTA KINABALU, Dec 3 (Bernama) -- The newly formed Sabah state government, following the 17th state election, is expected to table Sabah’s Budget 2026 on Dec 12.

Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

Federal Govt Liabilities At RM390.4 Bln As Of End-June 2025 -- MoF

KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.

Govt Recovers RM31.2 Bln Related To 1MDB, SRC As Of September 2025

KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).

Malaysia’s Services Account Surplus Marks Stronger Economic Rebound -- Perdasama

By Thivyamalini Ramalu

PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring. 

Government Attracts Over RM70.7 Bln In Investments Through NSS As Of June 2025 — Lim

GEORGE TOWN, Nov 26 (Bernama) -- The government has successfully attracted more than RM70.7 billion in investments under the National Semiconductor Strategy (NSS) since its launch last year until June 2025.

RM73.81 Mln In Excise Duty On Sugar-Sweetened Beverages Collected From Jan To Nov 2025 - MoF

KUALA LUMPUR, Nov 24 (Bernama) -- The government collected RM73.81 million in excise duty on sugar-sweetened beverages (SSBs) from January to November 2025, bringing total SSB excise revenue to RM521.35 million to date, according to the Ministry of Finance (MoF).