KUALA LUMPUR, Oct 14 (Bernama) -- The International Monetary Fund (IMF) has maintained its projection for Malaysia's real gross domestic product (GDP) growth of 4.5 per cent in 2025 and 4.0 per cent in 2026.
KUALA LUMPUR, Oct 14 (Bernama) -- Global growth is projected to slow to 3.1 per cent in 2026, against 3.2 per cent this year from 3.3 per cent in 2024, said the International Monetary Fund (IMF).
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
KUALA LUMPUR, Oct 14 (Bernama) -- The New Performance-Based Incentive Framework will ensure actual achievements can be measured and encouraged, with incentives granted only when set performance targets are met, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.
By Nur Ashikin Abdul Aziz
SINGAPORE, Oct 14 (Bernama) -- Singapore-based companies have committed over S$5.5 billion (S$1 = RM3.25) in investments into Johor since the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) memorandum of understanding (MoU) last year, said the republic’s Deputy Prime Minister, Gan Kim Yong.
KUALA LUMPUR, Oct 14 (Bernama) -- The 20th edition of Eco Expo Asia, themed “Green Innovations for Carbon Neutrality”, will be held from Oct 28 to 31 at AsiaWorld-Expo, featuring more than 300 exhibitors from 12 countries and regions.
KUALA LUMPUR, Oct 14 (Bernama) -- Taiwan’s Far Eastern New Century Group (FENC), through wholly-owned subsidiary FE Green PET (M) Sdn Bhd (FE Green PET), has secured RM150 million in green and sustainability-linked financing from HSBC Bank Malaysia Bhd.
KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.
From Niam Seet Wei
OSAKA, Oct 13 (Bernama) -- The Malaysia Pavilion at Expo 2025 Osaka showcases the early results of Budget 2026’s fiscal vision, reflecting governance reform, green transition, and small and medium-sized enterprise (SME) empowerment on the global stage, says International Trade and Industry Ministry (MITI) Secretary-General Datuk Hairil Yahri Yaacob.
