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Key insights from 1st day of WEF special meeting in Saudi capital

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
[OPINION] We need to restart the economic growth engine - but this time, it must work for all

[OPINION] We need to restart the economic growth engine - but this time, it must work for all

We are living through arguably one of the most complicated, unpredictable geopolitical and geoeconomic environments in decades.
Mon Apr 29 2024
Amir Hamzah leads Malaysian delegation to IMF, WBG spring meetings

Amir Hamzah leads Malaysian delegation to IMF, WBG spring meetings

MoF said the meetings provide a platform to discuss bilateral and multilateral issues between Malaysia, WBG, IMF and other member countries.
Thu Apr 18 2024
Pakistan's Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

Pakistan's Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

Shehbaz Sharif officially becomes prime minister for a second time.
Tue Mar 05 2024
Malaysia's real GDP to rise 4.3 pct in 2024 on higher global export demand

Malaysia's real GDP to rise 4.3 pct in 2024 on higher global export demand

According to IMF, this would mainly be driven by higher global export demand, particularly from the technology sector.
Wed Oct 18 2023
[COLUMNIST] BRICS: Game changer?

[COLUMNIST] BRICS: Game changer?

With the accession of the six new members, -BRICS Pluss- share of the global population will be at 45% (3.7 billion) and its share of the worlds territory at 30%
Tue Sep 19 2023
Sri Lanka parliament passes anti-corruption bill without vote - speaker

Sri Lanka parliament passes anti-corruption bill without vote - speaker

The legislation was passed without a vote in the 225-member parliament as part of requirements linked to a $2.9 billion bailout from IMF.
Wed Jul 19 2023
[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

Throughout history, the US has often attempted to resolve its economic issues through military interventions across the globe.
Wed Jun 14 2023
Malaysia urged to develop revenue strategy to boost low taxes - IMF

Malaysia urged to develop revenue strategy to boost low taxes - IMF

The IMF said the 2023 Budget lacks specific medium-term revenue-enhancing measures and a timeline for the medium-term revenue strategy.
Fri Jun 02 2023
World yet to find currency to replace or even compete with Dollar - US Investor

World yet to find currency to replace or even compete with Dollar - US Investor

Countries are making efforts to move away from the US dollar, but have yet to find a currency that could substitute or at least compete with it, renowned American investor Jim Rogers told Sputnik.
Wed May 17 2023
Sri Lanka flags return to growth, protesters demand tax cuts

Sri Lanka flags return to growth, protesters demand tax cuts

Doctors and university teachers working at state-run hospitals and universities started a 24-hour strike, warning of longer strikes.
Thu Feb 09 2023
BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM said the reserves position is sufficient to finance 5.3 months of imports of goods and services.
Thu Dec 22 2022
BNM's international reserves at US$109.7 bln as at Nov 30

BNM's international reserves at US$109.7 bln as at Nov 30

In a statement today, the central bank said the reserves position is 1.0 time the total short-term external debt.
Wed Dec 07 2022
Sri Lanka ends resort blackouts to woo back tourists

Sri Lanka ends resort blackouts to woo back tourists

Months of food, petrol and pharmaceutical shortages brought widespread misery to the island nation this year.
Sun Dec 04 2022
IMF chief sees higher chance of global growth below 2% in 2023

IMF chief sees higher chance of global growth below 2% in 2023

This was due to continued effects of the war in Ukraine and simultaneous slowdowns in Europe, China and the United States.
Fri Dec 02 2022
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