| LATEST NEWS | Government reserves the right to revoke approved assistance in the event of non-compliance - MoF | Total allocation for STR and SARA this year is RM15 billion, the highest in government history - MoF | RM1.1 billion allocated for STR Phase 1 this year, benefitting 3.7 million households and 1.3 million senior citizens without spouses - MoF | MINDEF given priority to adopt ESG framework due to large scale of procurement and need for more sustainable governance – Fahmi | Discussion with Online Safety Committee on Tuesday touches on the challenges of AI, sandbox regulatory process - Fahmi | |
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.
By Siti Radziah Hamzah
KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.
SINGAPORE, May 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is creating targeted incentives aimed at further boosting the growth of the local semiconductor industry, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.
KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.
By Zufazlin Baharuddin
KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life).
KUALA LUMPUR, May 15 (Bernama) -- Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is projected to moderate to 2.6 per cent in 2025 and 2.7 per cent in 2026, marking a significant decline from the 3.6 per cent recorded in 2024, according to the latest report by the APEC Policy Support Unit.
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
KUALA LUMPUR, May 14 (Bernama) -- Research firms have projected a higher gross domestic product (GDP) of between 4.5 and 4.6 per cent from 4.4 per cent previously for the first quarter of 2025 (1Q 2025), ahead of this Friday’s announcement.
KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
