Labuan To Focus On Four Key Economic Areas To Drive Growth, Says Liew

LABUAN, April 8 (Bernama) -- Four key economic areas have been identified to uplift the socio-economic landscape of the duty-free island of Labuan, according to Deputy Finance Minister Liew Chin Tong.

RON95 Quota Adjustment Seen As Temporary Remedy Amid Spike In Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 26 (Bernama) -- The government’s move to adjust the monthly quota for subsidised BUDI MADANI RON95 (BUDI95) petrol to 200 litres from 300 litres is a much-needed temporary measure to reduce subsidy spending amid the spike in oil prices brought on by the conflict in West Asia, said an economist.

Curia Expands Glasgow Facility, Enhances Biologics Platform

KUALA LUMPUR, March 24 (Bernama) -- Curia, a contract research, development and manufacturing organisation, announced progress on the expansion of its sterile drug product facility in Glasgow, United Kingdom, alongside enhancements to its proprietary cell line development (CLD) platform.

Industry Confident PTV 3.0 Insurance Uptake Will Continue After Campaign Ends

By K. Naveen Prabu

KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.

Malaysia's Retail Sales Growth To Remain Resilient At 6.0 Pct In 2026 -- MBSB IB

KUALA LUMPUR, March 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates that Malaysia’s retail sales expansion will remain resilient at 6.0 per cent for the year 2026 as compared to 6.1 per cent in 2025.

Govt Allocates RM2.4 Bln For Sumbangan Tunai Rahmah Payment For 1Q 2026 - Liew

KUALA LUMPUR, March 9 (Bernama) --The government has allocated RM2.4 billion for the Sumbangan Tunai Rahmah (STR) aid payment for the first quarter (1Q) of 2026, said Deputy Finance Minister Liew Chin Tong.

Diesel Subsidy Expenditure Drops To RM6.2 Bln In 2025, Generate Savings Of RM4 Bln -- MoF

KUALA LUMPUR, March 3 (Bernama) -- The actual expenditure on diesel subsidies decreased to RM6.2 billion in 2025 compared to RM10.1 billion in 2024, resulting in savings of about RM4 billion.

Strong Domestic Demand Boosts Malaysia’s GDP, Narrows Fiscal Deficit To 3.7 Pct - MOF

KUALA LUMPUR, Feb 13 (Bernama) -- Strong domestic demand helped Malaysia outperform expectations, lifting fourth-quarter 2025 GDP to a three-year high of 6.3 per cent and full-year growth to 5.2 per cent, above the government’s forecast, said the Ministry of Finance (MOF).

BS Freshmart Targets RM1.25 Bln Revenue This Year

KUALA SELANGOR, Jan 28 (Bernama) -- Syarikat Pasaraya BSK Sdn Bhd (BS Freshmart), which has 26 branches nationwide, is targeting to boost its revenue to about RM1.25 billion this year.

Ringgit's Performance Among The Best In Asia Due To Good Governance - PM Anwar

BUKIT MERTAJAM, Jan 24 (Bernama) -- The ringgit’s performance, now among the best in Asia, proves the effectiveness of good governance policies, political stability, and investor confidence in the country’s economic direction.

Bursa Malaysia's Benchmark Index Ends Higher On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia’s benchmark index rebounded to close higher today as investors engaged in bargain hunting at lower levels following yesterday’s profit-taking, in line with gains across most regional markets.

Implementation Of 170 12MP Initiatives Drives GDP Growth – Economy Ministry

KUALA LUMPUR, Jan 19 (Bernama) -- The successful implementation of more than 170 socio-economic development initiatives under the 12th Malaysia Plan (12MP) has contributed to the nation’s gross domestic product  (GDP) growth between 2021 and 2025, which is estimated to be at 5.2 per cent per annum.