Ringgit opens marginally higher vs US dollar, traders await Budget 2025
Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
The Economy with Ibrahim Sani: Budget 2025: The case for a multi-year tax framework
This episode will explores the rationale behind implementing a structured, long-term approach to tax reform in Malaysia. It highlights the need for a framework that spans multiple years to ensure more effective tax policies, prevent economic shocks, and accommodate evolving market dynamics.
Thu Oct 10 2024
OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga
Fiscal policy shifts and external risks, such as geopolitical tensions, could still influence the central bank's stance, says Kenanga.
Tue Oct 08 2024
Hidden hands behind youth vaping surge
M'sia has not increased tobacco taxes for eight consecutive years, missing critical opportunities to reduce consumption via fiscal measures.
Fri Aug 23 2024
Govt committed to reducing debt-to-GDP ratio to 60% within five years - Treasury sec-gen
The government is committed to reducing its borrowings within a five-year timeframe to ensure a stronger and sustainable fiscal position.
Tue Jul 23 2024
Govt remains committed to implementing structural reforms, fiscal strengthening
The ministry said this will boost Malaysia's long-term foreign investor appeal, strengthening the ringgit.
Wed Jul 10 2024
Targeted fuel subsidy will help consolidate govt's fiscal position - Economists
Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.
Tue Jun 11 2024
RM4 bln estimated savings from diesel subsidy to free up govt fiscal space
BUDI MADANI will benefit 700,000 diesel vehicle owners in total, covering about half of active diesel vehicles in Peninsular Malaysia.
Fri May 31 2024
Key insights from 1st day of WEF special meeting in Saudi capital
Kristalina Georgieva stressed three economic priorities on inflation, fiscal buffers, and geopolitical fragmentation.
Mon Apr 29 2024
Japan finishes first-year ocean discharge of nuclear-tainted wastewater amid backlash
The plant completed the fourth and final round of discharge for the current fiscal year ending in March.
Mon Mar 18 2024
[COLUMNIST] Let fiscal policy be the primary driver to address the ringgit depreciation
Fiscal policy remains best poised as the most effective macro-economic tool to mitigate the impact from the RM's depreciation.
Mon Mar 04 2024
Gov't striving to reduce fiscal deficit rate to 4.3 per cent this year - Fahmi
Fahmi Fadzil said Malaysia recorded a three per cent GDP growth in the fourth quarter of 2023, despite facing challenges.
Mon Feb 19 2024
US House of Representatives passes bipartisan tax relief legislation
The US House of Representatives passed bipartisan tax relief legislation, which would reform the child tax credit and other fiscal policies, reported Sputnik.
Thu Feb 01 2024
Starbucks reports record revenue in Q1 fiscal 2024
US coffee chain operator Starbucks reported record consolidated net revenues of US$9.4 billion in its 13-week fiscal first quarter 2024.
Wed Jan 31 2024
Petronas seeks fiscal incentives to develop Suriname gas project
Petronas would like to export gas from Suriname's Block 52 to either Europe or the Americas using FLNG, said Zamri Baseri.
Wed Jan 24 2024
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024