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MOF Moots QR SARA Usage At Tamu, Farmers' Markets

KUALA LUMPUR, July 27 (Bernama)  -- The government is studying the possibility of utilising Sumbangan Asas Rahmah (SARA) credit through quick response (QR) code payments at tamu markets and farmers’ markets, with a decision expected to be announced in Budget 2027 if deemed sustainable, according to the Ministry of Finance (MOF).

B15 Biodiesel Expected To Save 386.7 Mln Litres Of Diesel Annually

KUALA LUMPUR, July 27 (Bernama) -- Increasing the biodiesel blend from B10 to B12 or B15 in Peninsular Malaysia and Sabah is expected to reduce diesel consumption by 334,139 tonnes a year, equivalent to about 386.73 million litres per annum.

BNM Sets More Comprehensive Assessments For Development Financial Institutions Starting 2027

KUALA LUMPUR, July 27 (Bernama) -- Bank Negara Malaysia (BNM) has set a more comprehensive framework to assess the performance of development financial institutions (DFIs) beginning in 2027, according to the Ministry of Finance (MOF).

Malaysia's Economic Fundamentals Remain Resilient Amid Global Cost Pressures

KUALA LUMPUR, July 27 (Bernama) -- Malaysia’s economic fundamentals remain strong despite mounting global cost pressures arising from ongoing geopolitical tensions, said the Association of Chartered Certified Accountants (ACCA).

Bank Indonesia Governor Perry Warjiyo Resigns, Destry Damayanti Assumes Acting Role

JAKARTA, July 27 (Bernama) -- Bank Indonesia (BI) Governor Perry Warjiyo has tendered his resignation, with Senior Deputy Governor Destry Damayanti to automatically assume the post of acting governor in accordance with the Bank Indonesia Law.

Malaysia Must Build Future-Ready Workforce To Capitalise On Asia's Economic Rise

KUALA LUMPUR, July 27 (Bernama) -- Malaysia should leverage its strengths to become a producer of globally competitive technologies while preparing a future-ready workforce to capitalise on Asia's economic rise, Strategic Intelligence co-founder Professor Henrik von Scheel said.

Ministry Of Economy Posts Fourth-Best Development Expenditure Performance, Eyes Top Three By Year-End

PUTRAJAYA, July 27 (Bernama) --  The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.

Malaysia On Track To Become A Top 12 Globally Competitive Economy - Mohd Shahar

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.

Statistics Bill 2026 Expected To Be Gazetted By Year-End, Says Akmal Nasrullah

PUTRAJAYA, July 27 (Bernama) -- The Statistics Bill 2026 is expected to be gazetted by the end of this year after completing the administrative process following its approval in Parliament, said Minister of Economy Akmal Nasrullah Mohd Nasir.

Economy Ministry Projects 2027 Development Expenditure At RM58 Bln – Akmal Nasrullah

PUTRAJAYA, July 27 (Bernama) -- The Economy Ministry has projected 2027’s development expenditure at about RM58 billion, with 70 per cent of the total allocation earmarked for basic development. The proposal is yet to be submitted to the Finance Ministry (MOF).

Vietnam’s Non-Life Insurance Segment Set For Stable Outlook - AM Best

KUALA LUMPUR, July 27 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Vietnam’s non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.

Mobix Labs To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)