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KUALA LUMPUR, June 11 (Bernama) -- The government’s initiative to roll out B15 biodiesel blends makes strategic sense as a cheaper feedstock can dampen domestic inflation and reduce fiscal costs, said CGS International Securities Malaysia Sdn Bhd.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.
ALOR SETAR, May 26 (Bernama) -- Leakage of subsidised fuel due to smuggling activities continues to pose a major threat to the country’s fiscal position, with the government estimated to be losing billions of ringgit annually following the misuse of subsidised diesel intended for local consumers, according to an economist.
KUALA LUMPUR, May 19 (Bernama) -- Developers with projects that deliver strong social and environmental returns and align with regional priorities will receive stronger government backing, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
KUALA LUMPUR, May 12 (Bernama) -- The global energy market has shown signs that it is stabilising, but it needs to be continuously monitored as any new developments can affect energy and production costs, said Economy Minister Akmal Nasrullah Mohd Nasir.
By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren
KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.
KUALA LUMPUR, April 21 (Bernama) -- Malaysia cannot continue to rely on broad-based subsidies and price controls, and must instead shift its focus towards managing supply, prioritising spending and reducing dependence on external resources amid ongoing supply constraints, said economist Dr Nungsari Ahmad Radhi.
KUALA LUMPUR, April 10 (Bernama) -- The government has issued a warning to corporates and industries that are supposed to purchase fuel directly from oil companies at market prices but are instead discreetly buying at pump prices.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
By Harizah Hanim Mohamed
KUALA LUMPUR, March 30 (Bernama) -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
KUALA LUMPUR, March 30 -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.
