10d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 15 (Bernama) -- The energy transition, including the development of sustainable aviation fuel (SAF), should be treated as an economic growth strategy by Asia-Pacific governments rather than an aviation-specific issue, according to the International Air Transport Association (IATA).
11d ago
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.
23d ago
KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.
1m ago
From Nor Baizura Basri
GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.
2m ago
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s Budget 2026 represents a clear shift in the government’s fiscal strategy, prioritising efficiency and discipline over new taxes to create spending space, according to economist Geoffrey Williams.
2m ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by improved local market sentiment ahead of Budget 2026, which is expected to be a key catalyst for the currency.
2m ago
KUALA LUMPUR, Oct 5 (Bernama) -- Malaysia’s cumulative fiscal deficit narrowed by 10.6 per cent year-on-year (y-o-y) to RM49.4 billion as of August 2025, keeping the government on track to meet its full-year target of RM80 billion or 3.8 per cent of gross domestic product (GDP).
2m ago
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2026 will reinforce the government’s commitment to strengthening fiscal space, said MBSB Investment Bank Bhd (MBSB IB) today.
2m ago
KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.
2m ago
By Niam Seet Wei
KUALA LUMPUR, Sept 28 (Bernama) -- Economists believe that Budget 2026 would not introduce any major changes in the taxation system -- especially individual and corporate taxes -- to preserve consumer and investor confidence as the United States tariffs kick in.
3m ago
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.
3m ago
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.