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KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
KUALA LUMPUR, March 2 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East.
KUALA LUMPUR, March 2 (Bernama) -- The value of the ringgit had increased by 4.31 per cent to RM3.89 against the US dollar as of March 1, 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 2 (Bernama) -- Malaysia must be prepared to face impacts such as more expensive imports following the conflict in the Middle East, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, March 2 (Bernama) -- The ringgit opened marginally lower against the US dollar on the first trading day of March as risk-off sentiment intensified following a joint United States-Israel strike on Iran over the weekend.
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) dividend rate of 6.15 per cent for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion for 2025, is respectable and reflective of resilient financial market performance despite global volatility, said economists.
PUTRAJAYA, Feb 28 (Bernama) -- Malaysia’s recent economic achievements, including the ringgit’s performance as one of the strongest currencies in Asia, are the result of governance reforms and continuous efforts to combat corruption and misappropriation of public funds.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
