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%
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
#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
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
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
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
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
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
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
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
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
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
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
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
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
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
Immediate allocation of RM150 mln 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
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
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Fri Oct 18 2024
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Fri Oct 18 2024