Ringgit Ends Firmer on Government’s Prudent RON95 Subsidy Move

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies. 

Malaysia Must Reposition As A Technology Creator - Liew

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

OPEC Fund Approves Over US$1 Bln For Global Sustainable Development Projects

KUALA LUMPUR, Sept 22 (Bernama) -- The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)

Targeted RON95 Subsidies A Landmark To Narrow Fiscal Deficit, Strengthen Debt -- Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.

MoneyHero Swings To Profit In Q2 2025 As AI, High-Margin Verticals Drive Turnaround

KUALA LUMPUR, Sept 22 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)

RON95 Subsidy Rationalisation Expected To Strengthen Fiscal Position – Economists

PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.

Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.

Penang To Participate In World Expo 2025, Chow Leads Delegation To Japan

GEORGE TOWN, Sept 21(Bernama) -- Chief Minister Chow Kon Yeow is leading a delegation of key state agencies to Osaka, Kansai, Japan, from today until Sept 27 to host ‘Penang Week’ at the Malaysia Pavilion in conjunction with World Expo 2025.

Budget 2026 To Factor In Input On KL’s Competitiveness As Financial Centre, Business Hub --MoF

KUALA LUMPUR, Sept 20 (Bernama) -- Input from discussions with international industry players on enhancing Kuala Lumpur’s competitiveness as an international financial centre and global business hub will be considered in the 2026 Budget, according to the Ministry of Finance (MoF).

S&P Global Ratings Reaffirms Malaysia’s Sovereign Credit Ratings, Stable Outlook - MOF

KUALA LUMPUR, Sept 20 (Bernama) -- S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF).

Budget 2026 To Focus On Investments, Automation, Better Jobs - Liew

ISKANDAR PUTERI, Sept 20 (Bernama) -- Budget 2026 is expected to include policies aimed at boosting investment inflows, upgrading automation and digitalisation, and increasing the number of lucrative jobs for Malaysians.

Halal Industry A Key Contributor To Economy -- PM Anwar

KUALA LUMPUR, Sept 19 (Bernama) — The MADANI government will continue to proactively position the halal industry as a key contributor to the national economy, particularly in trade discussions, in every investment mission and bilateral engagement, said Prime Minister Datuk Seri Anwar Ibrahim.