5m ago
KUALA LUMPUR, July 9 (Bernama) -- MIDF Amanah Investment Bank does not view Bank Negara Malaysia’s (BNM) 25-basis point (bps) reduction in the Overnight Policy Rate (OPR) to 2.75 per cent as signalling the start of a rate-cutting cycle in the near term.
5m ago
KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6m ago
KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6m ago
KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7m ago
KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.
7m ago
KUALA LUMPUR, May 19 (Bernama) -- The decision on the RON95 fuel subsidy rationalisation plan has been fully handed over to the Ministry of Finance (MoF) following a Cabinet decision, said Economy Minister Datuk Seri Rafizi Ramli.
7m ago
KUALA LUMPUR, May 13 (Bernama) -- The government will take into account the current economic situation when deciding on the implementation of the RON95 targeted subsidy, said Deputy Economy Minister Datuk Hanifah Hajar Taib.
8m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
8m ago
KUALA LUMPUR, March 27 (Bernama) -- The mechanism for the targeted RON95 subsidy is still being fine-tuned and will involve a two-tier pricing system as well as potentially involve using MyKad, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM).
9m ago
KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
9m ago
KUALA LUMPUR, March 21 (Bernama) -- The Malaysian automotive sector is expected to see weaker sales in 2025.