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Govt Reduces Dependence On Petroleum-related Revenue To 16.9 Pct From 28 Pct In 2022

KUALA LUMPUR, Nov 6 (Bernama) -- The government has succeeded in reducing its dependence on petroleum-related revenue to 16.9 per cent in 2025 compared to 28 per cent in 2022 through revenue measures implemented since 2023, according to the Ministry of Economy.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.

Government Rules Out Ring-Fencing Policy For Rural Welfare, Infrastructure -- Lim

KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.

ITOs Must Submit Information To BNM Before Implementing Premium Readjustments — Lim Hui Ying

KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.

Malaysia-US Trade Deal Does Not Contradict The Federal Constitution - PM Anwar

KUALA LUMPUR, Nov 4 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States contains no provisions that contradict the spirit or any articles of the Federal Constitution, Prime Minister Datuk Seri Anwar Ibrahim asserted.

MITI: 5,149 Public EV Chargers Installed Nationwide

KUALA LUMPUR, Oct 30 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) said that a total of 5,149 public electric vehicle (EV) charging units have been installed nationwide as of Sept 30, 2025.

Continuing Momentum From ASEAN Summit Success, PM Anwar To Undertake Working Visit To AELM In Gyeongju

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 29 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to Gyeongju, South Korea, this Thursday as he leads Malaysia’s delegation to the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM), which will begin this Friday.

Malaysia’s Petroleum Revenue Totals RM775.2 Bln From 2018 To 2024 -- Azalina

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia generated RM775.2 billion in petroleum revenue between 2018 and 2024, according to Minister in the Prime Minister’s Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.

Malaysia Welcomes Chinese Cooperation In Developing Rare Earth Industry -- MITI

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia welcomes cooperation with China to develop its domestic rare earth elements (REE) processing industry, said the Ministry of Investment, Trade and Industry (MITI).

Discussions Ongoing On Alternative Incentives For EV Adoption -- Tengku Zafrul

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 16 (Bernama) -- Discussions are underway on alternative initiatives to encourage electric vehicle (EV) adoption following the removal of excise duty exemptions on completely built-up (CBU) EVs starting in 2026, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Govt Received RM20.71 Bln In Settlement Over 1MDB From Three Banks To Date - MOF

KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.