Bursa Malaysia Starts Lower, Impacted By Wall Street's Performance

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia opened lower this morning, weighed down by Wall Street's lacklustre performance, according to an analyst.

Diesel Subsidy Claims Down By 51.6 Pct In August Vs May -- Economy Ministry

KUALA LUMPUR, Oct 22 (Bernama) -- Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6 per cent against claims in May 2024 since the June 10 2024 implementation of targeted diesel subsidy, said the Economy Ministry.

DNB Appoints Former PLUS Boss Azman Ismail As CEO

KUALA LUMPUR, Oct 22 (Bernama) -- Digital Nasional Bhd has appointed Datuk Azman Ismail as its new chief executive officer (CEO), effective Oct 23, 2024.

BMI: Budget A Positive Step Towards Malaysia's Goal Of Narrowing Budget Deficit To 3.5 Pct By 2027

KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.

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 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.

Budget 2025 Is People-Friendly, Addresses Cost Of Living Issues - Analyst

KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

Future Income Classifications To Consider Multiple Factors For Greater Fairness - Rafizi

PUTRAJAYA, Oct 20 (Bernama) -- Future income classifications will no longer rely solely on gross household income but will incorporate various factors to ensure greater fairness, said Economy Minister Rafizi Ramli.

Govt To Study Data, Ensure Subsidies Help Right Groups - Amir Hamzah

KUALA LUMPUR, Oct 20 (Bernama) -- The government is still studying the data and will ensure subsidies on petrol, health and education help the right groups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.