Bursa Malaysia Marginally Lower At Midday In Cautious Trading 

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia edged down at the midday break amid a mixed and cautious regional market performance.

Budget 2025 To Balance Between Fostering Economic Growth And Strengthening Currency- RHBAM

KUALA LUMPUR, Oct 22 (Bernama) -- The Budget 2025 is expected to maintain a balance between fostering economic growth and strengthening the currency, said RHB Asset Management Sdn Bhd (RHBAM).

Rafizi To Present On Key Issues Affecting Global South In BRICS Summit

PUTRAJAYA, Oct 22 (Bernama) -- Minister of Economy Rafizi Ramli is scheduled to deliver Malaysia’s national statement at the BRICS Outreach/BRICS Plus Summit in Kazan, Russia, on Oct 24, 2024.

Ringgit Opens Flat Vs US Dollar Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.

MIDF Maintains 2024 GDP Forecast At 5.0 Pct 

KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.

Govt Expected To Continue Fiscal Consolidation Measures To Reduce Debt

KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.

Budget 2025 Shows Consistency, But More Effort Needed To Boost Economic Complexity - Economist

KUALA LUMPUR, Oct 21 (Bernama) — The MADANI government has demonstrated improved consistency in its economic framework with the tabling of Budget 2025 last Friday, while also addressing the need to enhance the country’s economic complexity.

Budget 2025 Focused On Sustainable Development, Talent Growth, Strategic Investments

ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.

Govt Mulling Utilising Databases, E-Wallets For Two-Tier RON95 Subsidies

KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.

Govt Urged To Carefully Classify Household Income To Avoid Missing Out Those In Need -- Backbenchers Club

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 21 (Bernama) -- The government is being asked to re-examine the classification of household income to prevent from missing out aid and petrol subsidies to those who really need them, said the Backbenchers Club today.

NIMP 2030 Succeeds In Raising Value Added, Jobs, Median Salary In Manufacturing Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia And Singapore’s Credit Bureaux Support Bank Lending - Moody’s

KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.