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KUALA LUMPUR, Feb 4 (Bernama) -- The government’s fiscal deficit calculation should not be questioned as it is reported in line with international standards recognised by global credit rating agencies and multilateral bodies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- The reform agenda implemented under the MADANI Economy framework which emphasises fiscal discipline has strengthened investor confidence in the country and contributed to the ringgit’s strengthening last year, according to Treasury secretary-general Datuk Johan Mahmood Merican.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 29 (Bernama) -- The ringgit ended marginally lower against the US dollar and other major currencies on Monday as traders and investors remained cautious ahead of the United States Federal Reserve (US Fed) interest rate outlook for next year.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit opened slightly easier against the US dollar this morning, reflecting a technical correction after its recent gains.
KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
KUALA LUMPUR, July 11 (Bernama) -- Malaysian Reinsurance Bhd (Malaysian Re) has secured two major accolades at the Insurance Asia Awards 2025 in Singapore, reinforcing its strong standing in the ASEAN reinsurance landscape.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
KUALA LUMPUR, July 5 (Bernama) -- AirAsia has signed an agreement to buy US$12.25 billion (RM51.72 billion) worth of long-range Airbus 321XLR aircraft, with deliveries confirmed by 2028, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
