16d ago
KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028
16d ago
KUALA LUMPUR, Oct 6 (Bernama) -- Fairness, trust and transparency are key to securing public acceptance of difficult fiscal reforms, including subsidy rationalisation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
18d ago
By Anas Abu Hassan
SINGAPORE, Oct 5 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has raised its economic growth forecast for Malaysia to 5.1 per cent in 2026 from 4.9 per cent previously, and to 4.8 per cent in 2027 from 4.7 per cent, driven by robust artificial intelligence (AI)-related exports and investment.
18d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The implementation of the B15 biodiesel blend has saved an average of 23.62 million litres of petroleum-based diesel per month in the June-August period.
18d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The government has managed to reduce its subsidy expenditure by 40.1 per cent to RM23.43 billion in 2025 from RM39.10 billion in 2024, supported by the decline in crude oil prices and the implementation of the targeted diesel and petrol subsidy reforms.
20d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s economic focus has shifted from pursuing efficiency to building greater resilience as the country continues to outperform growth forecasts despite global uncertainty, the Malaysian Investment Development Authority (MIDA) said.
23d ago
KUALA LUMPUR, Sept 30 (Bernama) -- Proton Holdings Bhd is calling for a long-term and technology-inclusive automotive policy in Budget 2027 to support the industry’s transition towards electrified vehicles (xEVs).
25d ago
KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Automotive Association (MAA) is proposing that the government provide a personal income tax rebate for the purchase of electrified vehicles (xEVs) and voluntarily scrapping of old vehicles in the 2027 Budget.
26d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) role at the centre of Peninsular Malaysia's electricity system extends beyond that of a conventional profit-driven business, with tariffs, expenditure and returns governed by a regulated framework while the utility firm maintains critical power infrastructure.
28d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
29d ago
KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.
1m ago
KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.