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Budget 2025 allocation at RM421 billion, up 3.3 per cent from last year

Budget 2025 allocation at RM421 billion, up 3.3 per cent from last year

The government has allocated RM421 billion, or 20.2 per cent of the GDP, for Budget 2025.
Fri Oct 18 2024
AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

The World Bank has upgraded Malaysia’s economic growth forecast to 4.9% in 2024, an increase from its initial 4.3% prediction set in April.
Tue Oct 08 2024
AWANI Tonight: 8 Oct 2024

AWANI Tonight: 8 Oct 2024

#AWANITonight with @_farhanasheikh

1. World Bank upgrades M'sia GDP forecast to 4.9%
2. GISB: Selangor forms task force for victim rehabilitation

#AWANIEnglish #AWANINews
Tue Oct 08 2024
World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.
Tue Oct 08 2024
Malaysians lose US$12.8 bln to scams in a year, equivalent to three pct of nation's GDP

Malaysians lose US$12.8 bln to scams in a year, equivalent to three pct of nation's GDP

According to the State of Scam Report 2024, about 70 per cent of scam victims did not report their cases to the authorities.
Thu Oct 03 2024
Malaysia's GDP to grow above 5.0 pct in 2024 - Analysts

Malaysia's GDP to grow above 5.0 pct in 2024 - Analysts

Two investment banks have kept their projections for Malaysia's economic growth above 5.0 per cent for 2024.
Tue Sep 10 2024
Ringgit resumes uptrend to open higher against US dollar

Ringgit resumes uptrend to open higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.
Wed Aug 14 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.
Thu Jul 25 2024
Govt committed to reducing debt-to-GDP ratio to 60% within five years - Treasury sec-gen

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
Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

The government is confident that Malaysia can surpass the digital GDP target of 25.5 per cent by 2025 through the expansion of 5G to services beyond telecommunications
Thu Jun 27 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
Malaysia suffers RM277 billion losses over five years due to corruption - MACC

Malaysia suffers RM277 billion losses over five years due to corruption - MACC

Tan Sri Azam Baki said the losses were calculated based on cumulative estimate of the GDP over five-year period from 2018 until last year.
Tue May 07 2024
Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001

Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001

The total value of cash stood at 8.9 per cent of gross domestic product in 2023 versus 9.1 per cent in 2022.
Wed Mar 20 2024
No plans to peg the ringgit at this time - Amir Hamzah

No plans to peg the ringgit at this time - Amir Hamzah

Looking at the pegging of the ringgit around 1998, the economic condition at that time was different compared to the current condition.
Tue Mar 19 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024