Malaysia On Track To Meet Deficit Target As BUDI95 Subsidy Saves Up To RM4 Bln

SHAH ALAM, Sept 23 (Bernama) – Malaysia remains on track to meet this year’s budget deficit target of 3.8 per cent of gross domestic product (GDP) with the rollout of the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Opens Higher On Wall Street Gains

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia rose at the open on Tuesday, tracking Wall Street gains after Nvidia Corp announced a partnership with OpenAI and pledged up to US$100 billion in investment.

RON95 Price Cut Seen Easing Inflation And Supporting Growth -- OCBC Research

KUALA LUMPUR, Sept 22 (Bernama) -- The RON95 petrol rationalisation plan, which sets the price of the fuel to RM1.99 from RM2.05 per litre starting Sept 30, 2025, is expected to contain inflationary pressures in the country and provide a boost to growth, said OCBC Global Markets Research.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

RON95 Targeted Subsidies, Postponed Toll Hike Ensure Mobility Remains Accessible For Rakyat -- Carsome

KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.

RON95 Price Lowered To RM1.99 Per Litre After Targeted Subsidy, People Will Not Be Affected - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.

MADANI Economic Reform Agenda Yielding Results

PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Will Consider Current Economic Conditions For Any Targeted RON95 Subsidy Implementation

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.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Malaysia Well-positioned To Face Economic Crisis If Global Trade War Breaks Out – Amir Hamzah

By Mikhail Raj Abdullah

PUTRAJAYA, April 4 (Bernama) – Malaysia is well-positioned to face any economic crisis following fears that the United States’ (US) sweeping tariffs on 168 countries, including Malaysia, will start a global trade war.

BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).