1h ago
KUALA LUMPUR, July 23 (Bernama) -- Savings generated from the targeted diesel subsidy mechanism are not being retained solely as a fiscal surplus, but are instead utilised to strengthen targeted assistance programmes, according to the Ministry of Finance (MOF).
1h ago
KUALA LUMPUR, July 23 (Bernama) -- The strengthening of the ringgit to RM4.0905 on July 20, 2026, reflects strong economic fundamentals, supported by resilient export performance and a sustained trade surplus, according to the Ministry of Economy.
6h ago
KUALA LUMPUR, July 23 (Bernama) -- Malaysia's manufacturing sector has continued to strengthen under the New Industrial Master Plan 2030 (NIMP 2030), with its gross value-added increasing 5.9 per cent in the first quarter of 2026 (1Q 2026), two years after the policy's implementation.
1d ago
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.
2d ago
KUALA LUMPUR, July 21 (Bernama) -- The Ministry of Rural and Regional Development (KKDW), through the Rubber Industry Smallholders Development Authority (RISDA), will continue to strengthen efforts to increase rubber plantation productivity, reduce production costs, enhance marketing efficiency and promote income diversification for smallholders.
2d ago
KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.
3d ago
KUALA LUMPUR, July 20 (Bernama) -- The performance of the Retirement Fund (Incorporated) (KWAP) needs to be assessed fairly considering that the retirement fund managed to record a net profit of RM12.9 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
KUALA LUMPUR, July 20 (Bernama) -- The government is prepared to take the appropriate measures to safeguard the people’s welfare and sustain the country's economic growth following the renewed escalation of geopolitical conflict in West Asia, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
3d ago
KUALA LUMPUR, July 20 (Bernama) -- The government will not compromise on any corruption or fraud in the Retirement Fund (Incorporated) (KWAP) investments in aquaculture technology start-up company, eFishery, said Prime Minister Datuk Seri Anwar Ibrahim.
6d ago
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.