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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
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024
Why India's toxic farm fire counting method is disputed

Why India's toxic farm fire counting method is disputed

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Tue Nov 26 2024
Divisions on curbing plastic waste persist as UN treaty talks begin

Divisions on curbing plastic waste persist as UN treaty talks begin

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.
Tue Nov 26 2024
Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.
Mon Nov 25 2024
PM encourages South Korean investors to explore opportunities in Malaysia

PM encourages South Korean investors to explore opportunities in Malaysia

Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia.
Mon Nov 25 2024
South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.
Mon Nov 25 2024
[COLUMNIST] Vaping: Behind the smokescreen of smoking cessation and healthier alternative

[COLUMNIST] Vaping: Behind the smokescreen of smoking cessation and healthier alternative

The existence of e-cigarettes seems to have merely shifted users from one addiction to another from traditional cigarettes to e-cigarettes.
Mon Nov 25 2024