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Rising equity market capitalisation further evidence of Malaysia's economic recovery - PM

Rising equity market capitalisation further evidence of Malaysia's economic recovery - PM

Datuk Seri Anwar Ibrahim says the ESG agenda is increasingly shaping the world economy and capital markets.
Wed Nov 20 2024
RM500 mln to RM1.2 bln assets under management expected from family office scheme within first 5 years - Amir Hamzah

RM500 mln to RM1.2 bln assets under management expected from family office scheme within first 5 years - Amir Hamzah

The scheme is also a catalyst for human capital development and will bring about economic multiplier effects, Datuk Seri Amir Hamzah.
Tue Nov 05 2024
Targeted subsidy for RON95 petrol necessary to address leakage

Targeted subsidy for RON95 petrol necessary to address leakage

Non-citizens, the commercial sector, and smuggling activities make up around 40 pct of total petrol consumption, current data shows.
Tue Nov 05 2024
PM checks on final preparations for Budget 2025

PM checks on final preparations for Budget 2025

The Prime Minister will table Budget 2025 in Parliament at 4 pm tomorrow.
Thu Oct 17 2024
OPR decision will continue to be driven by domestic factors - Amir Hamzah

OPR decision will continue to be driven by domestic factors - Amir Hamzah

Datuk Seri Amir Hamzah Azizan says the current OPR of 3.0 per cent is conducive to supporting economic growth.
Wed Oct 16 2024
Strong economic fundamentals driving ringgit's growth - BNM Governor

Strong economic fundamentals driving ringgit's growth - BNM Governor

Datuk Seri Abdul Rasheed said Malaysia's projected economic growth rate of 4.0-5.0 per cent for this year is also a positive factor.
Thu Oct 03 2024
AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

Datuk Seri Amir Hamzah Azizan reveals that 28% of Malaysian working adults have borrowed money to buy essential goods, according to AKPK.
Tue Oct 01 2024
3.4 mln EPF members make RM8.9 billion Flexible Account withdrawals - Amir Hamzah

3.4 mln EPF members make RM8.9 billion Flexible Account withdrawals - Amir Hamzah

The transfer to Retirement Account increased members' savings, with the addition of 43,000 new members having reached basic savings level.
Thu Jul 25 2024
Parliament: RM86.3 mln disbursed for MADANI adopted village programme so far

Parliament: RM86.3 mln disbursed for MADANI adopted village programme so far

Amir Hamzah Azizan said this covers 35 out of the targeted 42 villages under the programme, where each village is allocated up to RM2.5 mln.
Thu Jul 11 2024
[COLUMNIST] Subsidy rationalisation, rents and inflation

[COLUMNIST] Subsidy rationalisation, rents and inflation

Constrained business rents are vital to control the cost of doing business and the cost of living.
Thu Jul 04 2024
GIP willing to relinquish stake in Malaysia airports within a short period - Amir Hamzah

GIP willing to relinquish stake in Malaysia airports within a short period - Amir Hamzah

Datuk Seri Amir Hamzah Azizan said GIP was chosen from hundreds of companies based on stringent criteria.
Wed Jul 03 2024
Govt agrees to allow MSMEs to issue consolidated e-Invoices - Amir Hamzah

Govt agrees to allow MSMEs to issue consolidated e-Invoices - Amir Hamzah

Datuk Seri Amir Hamzah Azizan said MSMEs only have to submit the e-Invoices to LHDN within the first seven days of the following month.
Tue Jul 02 2024
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.
Mon Jun 24 2024
Every cent saved from diesel subsidy cut will be fairly returned to the people - PM

Every cent saved from diesel subsidy cut will be fairly returned to the people - PM

The targetted diesel subsidy was carried out due to excessive leakage of the fuel, especially involving the use by foreign fishing vessels.
Fri Jun 14 2024
No reason for logistics business to raise prices - Amir Hamzah

No reason for logistics business to raise prices - Amir Hamzah

There is no reason for the logistics sector to raise prices that will burden the people following the implementation of the Subsidised Diesel Control System (SKDS) 2.0, said Finance Minister II Datuk
Wed Jun 12 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024