KUALA LUMPUR, July 22 (Bernama) -- The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections.
By Siti Noor Afera Abu
KUALA LUMPUR, July 22 (Bernama) -- The proposed Malaysia-Thailand border economic zone (BEZ) could significantly strengthen bilateral trade and regional economic development, with improved border infrastructure expected to lower logistics costs, enhance supply chain efficiency and attract more investments, an economist said.
NILAI, July 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude for Malaysia's economic growth estimated at 5.8 per cent in the second quarter of 2026 after recording 5.4 per cent growth in the first quarter of this year.
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.
KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
KUALA LUMPUR, July 14 (Bernama) -- The development of the Malaysia-Thailand Border Economic Zone (BEZ) will provide Malaysian goods with wider access to the markets of Laos, Cambodia and Vietnam, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, July 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has directed the Ministry of Investment, Trade and Industry (MITI) and the Ministry of Economy to engage manufacturers facing mounting pressure from the global supply crisis to help ease cost pressures.
KUALA LUMPUR, July 9 (Bernama) -- Thailand is confident of achieving its US$30 billion (US$1=RM4.073) bilateral trade target with Malaysia by 2027, Prime Minister Anutin Charnvirakul said.
KUALA LUMPUR, July 8 (Bernama) -- The MADANI government will continue to work closely with Bank Negara Malaysia (BNM) and the banking industry to ensure the country’s financial system remains stable, inclusive, and people-centred.
PUTRAJAYA, July 6 (Bernama) -- The tax exemption granted to the TARC Education Foundation is subject to compliance with the conditions stipulated under tax laws, the Finance Ministry (MOF) said.
