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OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

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
[COLUMNIST] Let fiscal policy be the primary driver to address the ringgit depreciation

[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
Sound fiscal policy to support sustainable growth - PM

Sound fiscal policy to support sustainable growth - PM

Datuk Seri Anwar Ibrahim said domestic spending continues to drive the momentum, underpinned by strong economic fundamentals.
Fri Oct 13 2023
[COLUMNIST] Capital gains tax as a strategic fiscal policy lever

[COLUMNIST] Capital gains tax as a strategic fiscal policy lever

One of the ways to make use of the CGT is to conceptualise it as a strategic fiscal policy lever.
Mon Mar 20 2023
[COLUMNIST] Strategic focuses for Budget 2023

[COLUMNIST] Strategic focuses for Budget 2023

Domestic demand must always be supported and accommodated by the government's fiscal policy.
Fri Feb 24 2023
RM372 bln Budget 2023 targets structural reforms and growth, 2022 GDP revised upward to between 6.5 and 7 pct

RM372 bln Budget 2023 targets structural reforms and growth, 2022 GDP revised upward to between 6.5 and 7 pct

Tengku Zafrul announced today that RM372.3 billion will be set aside for Budget 2023.
Fri Oct 07 2022
Solid economic expansion due to accomodative monetary policy  - PM Ismail Sabri

Solid economic expansion due to accomodative monetary policy - PM Ismail Sabri

The encouraging economic expansion at present is due to the expansionary fiscal policy via Budget 2022, a monetary policy that has remained accommodative, as well as the full reopening of the economy.
Tue Aug 30 2022
Govt optimistic of Malaysia's positive growth this year - Tengku Zafrul

Govt optimistic of Malaysia's positive growth this year - Tengku Zafrul

Tengku Zafrul said the government through fiscal policy will have to play the role to ensure that the economy is on track.
Tue Jul 12 2022
Bank Negara's MPC decides on OPR, says Tengku Zafrul

Bank Negara's MPC decides on OPR, says Tengku Zafrul

Tengku Zafrul said monetary policy was controlled by the MPC (under the supervision of the central bank) while fiscal policy was under the jurisdiction of the federal government.
Thu Jul 07 2022
Expansionary fiscal policy ensures Keluarga Malaysia's well-being

Expansionary fiscal policy ensures Keluarga Malaysia's well-being

Mustapa said the government's short-term policies are important to drive economic recovery in 2022.
Tue Dec 21 2021
The 12th Malaysia Plan and new ways of raising funding sources

The 12th Malaysia Plan and new ways of raising funding sources

A premature fiscal consolidation, therefore, is tantamount to placing the economy under a form of quasi-austerity.
Sat Oct 02 2021
Government to table motion on raising statutory debt limit

Government to table motion on raising statutory debt limit

The government will be tabling a motion on raising its statutory debt limit from 60 per cent to 65 per cent of GDP.
Thu Sep 30 2021
Govt should look into philanthropy economy to complement fiscal policy

Govt should look into philanthropy economy to complement fiscal policy

The promotion of a philanthropy economy could also complement the fiscal policy and help the country to prosper, says Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
Tue Jun 08 2021
Govt revises MTFF 2021-2023, now sees 4.5-5.5 pct of GDP

Govt revises MTFF 2021-2023, now sees 4.5-5.5 pct of GDP

The government has revised the Medium-Term Fiscal Framework (MTFF) 2021-2023 on account of the impact caused by the COVID-19 crisis.
Fri Nov 06 2020
Budget 2021 will take into account current economic fragility - Bank Islam

Budget 2021 will take into account current economic fragility - Bank Islam

The Government's recent move to increase its debt ceiling of the GDP to 60 per cent, would definitely give it some flexibility to manoeuvre an expanded fiscal policy.
Mon Nov 02 2020
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 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