CIMB Sees Malaysia's Budget Deficit At 3.6 Pct Of GDP In 2026

KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.

MAA: Clear Policies, Tariffs And Incentives In 13MP Pivotal To Turn Malaysia’s Hydrogen Car Technology Ambition Into Reality

By Zairina Zainudin

KUALA LUMPUR, Sept 16 (Bernama) -- Malaysia has taken the right step in making hydrogen car technology a national priority of its clean energy initiatives under the 13th Malaysia Plan (13MP), but the right policies, tariffs and incentives are key ingredients to make it work.

13MP To Ensure Malaysia Stays Competitive Through Digitalisation, Value Creation

KUALA LUMPUR, Sept 3 (Bernama) --The 13th Malaysia Plan (13MP) is an important document that outlines the country’s development strategy for the next five years with the aim of ensuring Malaysia remains competitive amid an increasingly challenging global landscape.

Dewan Rakyat Passes Three Ministry Of Finance Motions

KUALA LUMPUR, Aug 28 (Bernama) --  The Dewan Rakyat today passed three motions from the Ministry of Finance with a majority voice vote in support.

Malaysia Aims To Be Among Top 12 In Global Competitiveness By 2030 – Liew

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia aims to be listed among the 12 most competitive countries in the world by 2030, in line with the target under the 13th Malaysia Plan (13MP), said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

No State Left Behind In Development Under MADANI Framework, NIMP 2030 – Anwar

KUALA LUMPUR, Aug 28 (Bernama) -- The government is prioritising key projects such as the National Semiconductor Strategic Plan and the Johor-Singapore Special Economic Zone, while ensuring that development in other states is not neglected under the MADANI Economy and the New Industrial Master Plan 2030.

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

MRT Corp: RM16.8 Bln LRT Mutiara Line Budget Reflects Market Conditions, Not Cost Overrun 

KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

Govt Will Not Embark On Mega Projects, To Focus Spending On The People

KUALA LUMPUR, Aug 18 (Bernama) -- The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Fiscal Deficit To Fall In Phases To Reduce National Debt Burden - PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.