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GEORGE TOWN, Aug 19 (Bernama) -- Penang hopes that its proposal to establish the Penang International Financial Centre (PIFC) will receive the Federal Government’s approval through Budget 2027, said Chief Minister Chow Kon Yeow.
BANGKOK, Aug 17 (Bernama) -- Thailand’s economy grew 1.9 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), slowing from 2.8 per cent growth in 1Q 2026, according to the National Economic and Social Development Council (NESDC) report on Monday.
PUTRAJAYA, Aug 7 (Bernama) -- The government will continue to strengthen the wealth of bumiputera households, particularly among the B40 and M40 income groups, through efforts to increase savings and investment opportunities, as well as skill development to raise incomes.
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia can expect to see the benefits of the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) materialise as the deployment of the RM120 billion in committed funds accelerates, with a significant amount of work already underway for 2026 and 2027.
KUALA LUMPUR, Aug 7 (Bernama) -- Government-linked companies (GLCs) and government-linked investment companies (GLICs) have together backed up Bumiputera firms through procurement, growth capital, public listings and capability-building initiatives under the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) agenda.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 5 (Bernama) -- A European business delegation held a series of meetings with Malaysian government agencies this week to discuss reform initiatives, the green transition, and opportunities to strengthen bilateral cooperation.
KUALA LUMPUR, July 30 (Bernama) -- Malaysia's micro, small and medium enterprises (MSMEs) are well positioned to tap ASEAN's 680-million-consumer market under the proposed Digital Economy Framework Agreement (DEFA), supported by their high level of digital adoption, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.
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.
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).
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
KUALA LUMPUR, July 15 (Bernama) --The Federal Government's statutory debt stood at 61.9 per cent of gross domestic product (GDP) as of end-March 2026, still below the statutory limit of 65 per cent, according to the Finance Ministry (MoF).
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.
