| LATEST NEWS | Temple demolished in Rawang, four men held - Selangor police chief | Everyone must obey the law on construction of houses of worship, other sensitive issues to safeguard harmony in the country - PM | Malaysia is on the right track, with strong economic growth, low inflation and rising investments - PM Anwar | |
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) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.
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.
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s medical tourism industry is expected to sustain strong growth, supported by targeted initiatives and strategic partnerships, said BMI, a Fitch Solutions company.
OSAKA, Oct 13 (Bernama) -- Malaysia wrapped up its six-month participation at Expo 2025 Osaka on a high note, securing RM24.45 billion in potential trade and investments.
KUALA LUMPUR, Oct 13 (Bernama) -- MBSB Investment Bank Bhd has maintained its projection that Malaysia’s Industrial Production Index (IPI) will moderate to around two per cent this year from 3.7 per cent in 2024, as exports faced slower external demand and higher United States (US) tariffs.
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 12 (Bernama) -- The Subang Airport Regeneration Plan (SARP) must be strategically implemented, accompanied by supporting infrastructure and public transport connectivity, said the Malaysia Institute of Transport (MiTRANS).
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments.
