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25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

Malaysia To Refine Economic Growth Projections With Adoption Of 2025 SNA

PUTRAJAYA, March 11 (Bernama) -- The adoption of the 2025 System of National Accounts (2025 SNA) is expected to refine Malaysia's economic growth projections by enhancing the accuracy and comprehensiveness of its statistical framework, according to the Department of Statistics Malaysia (DOSM).

BNM, Stakeholders To Expedite Long-term Solution To Tackle Rising Medical Cost

KUALA LUMPUR, March 11 (Bernama) -- Bank Negara Malaysia (BNM) and relevant stakeholders are working together to expedite the implementation of a long-term solution to effectively control medical cost inflation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Reformed MM2H Programme Boosts Economy With Nearly RM1 Bln Annual Investments -- IQI

KUALA LUMPUR, March 11 (Bernama) -- The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.

Bursa Malaysia Remains Lower At Midday On Selling Pressure

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.

Malaysian BNPL Transactions Surge To RM7.1 Bln In 2H 2024 

KUALA LUMPUR, March 11 (Bernama) -- Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half (2H) of 2024, reaching RM7.1 billion, up from RM4.9 billion in the first half, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Kenanga Research Keeps Overweight On Plantations Amid Supply Deficit

KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives fell in the early trading session.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Bursa Malaysia Opens Lower Amid Concerns Of Weakening US Economy

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia continued its downward trend, opening lower on Tuesday, as Wall Street experienced a steep decline.

Ringgit Opens Flat Against US Dollar

KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

CPO Futures End Lower On Weaker Export Pace

KUALA LUMPUR, March 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on weaker export pace, said palm oil trader David Ng.