14d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.
14d ago
KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).
14d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with Standard Malaysian Rubber 20 (SMR 20) rising 9.5 sen to hit 1,061 sen per kilogramme (kg), its highest level since May 9, 2012, a dealer said.
14d ago
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.
14d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday supported by continued buying in selected heavyweight stocks, particularly in the consumer products and services, telecommunications and media, as well as industrial products and services sectors, ahead of the tabling of Budget 2027.
14d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia opened higher on Friday ahead of the tabling of Budget 2027 today, with investors monitoring measures to support strategic industries and household spending.
15d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has accepted the proposal to establish a disaster and disease control fund for the agri-commodity sector as one of Budget 2027’s main initiatives to help reduce losses for smallholders due to natural disasters, pest attacks, and crop diseases.
15d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Thursday, supported by expectations that Malaysia may propose a temporary waiver of export duties in Budget 2027.
15d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.
15d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit closed higher on Thursday against most ASEAN currencies, but lower against the US dollar amid a renewed surge in oil prices and escalating geopolitical tensions in West Asia, an analyst said.
15d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia ended lower today, remaining under selling pressure ahead of Budget 2027 announcement tomorrow, as a renewed surge in oil prices and escalating geopolitical tensions in West Asia further dampened risk sentiment.
15d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia has highlighted the need to strengthen regional cooperation to ensure a stable and affordable energy supply, alongside efforts to accelerate the transition to low-carbon energy.