5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).
5m ago
KUALA LUMPUR, July 23 (Bernama) -- The latest data showed that over 8.5 million Sumbangan Tunai Rahmah (STR) recipients have been registered, and RM4 billion in cash aid disbursed through the initiative’s Phase 1 and 2 payments, said the Ministry of Finance (MOF).
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
5m ago
KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.
5m ago
KUALA LUMPUR, July 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.5 per cent in the second quarter of 2025 (2Q 2025) based on advance gross domestic product (GDP) estimates, slightly outpacing previous quarter’s 4.4 per cent.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).
5m ago
KUALA LUMPUR, July 7 (Bernama) -- PETRONAS Gas Bhd (PGB) has fully restored natural gas supply to Batu Tiga, Shah Alam, and Connaught Bridge following the successful commissioning of its newly constructed bypass pipeline on July 1, 2025.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
5m ago
KUALA LUMPUR, July 3 (Bernama) -- The national takaful protection scheme, mySalam, managed by Great Eastern Takaful Berhad (GETB), has expanded its 3K Carnival: Finance, Health, and Welfare coverage to Pulau Bum Bum in Semporna, Sabah.
5m ago
KUALA LUMPUR, July 3 (Bernama) -- Pluxee reported an 11.1 per cent organic increase in revenue to 310 million euros for the third quarter of fiscal year 2025 (Q3 FY2025), supported by continued demand for employee benefits, keeping the group on track to meet its full-year financial objectives. (1 euro = RM4.97)
6m ago
KUALA LUMPUR, June 24 (Bernama) -- Local “telekung” (Muslim woman’s prayer veil) brand Siti Khadijah has set a sales target of RM2.5 million over a period of three months to six months for its latest telekung collection, Maharani.
6m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 23 (Bernama) -- The Taiwan Excellence Pavilion at Taiwan Expo 2025 serves as a “bridge” connecting Taiwan’s top innovations with Malaysia’s key growth areas, particularly in digital transformation and green industry.