KUALA LUMPUR, Oct 3 — Malaysia’s Budget 2025 will prioritise the economic sector by continuing with the structural reform agenda, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Oct 3 — The Asean+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.

KUALA LUMPUR, Oct 3 — Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR, Oct 3 — Malaysia’s Producer Price Index decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in agriculture, forestry, and fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 3 — OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.

KUALA LUMPUR, Oct 3 — CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).

KUALA LUMPUR, Oct 3 — The ringgit opened almost flat against the US dollar today but rose versus other major currencies, as the greenback continued to strengthen amid rising geopolitical risks.

KUALA LUMPUR, Oct 2 — The retail prices of RON97 and RON95 nationwide will remain at RM3.19 and RM2.05 per litre from tomorrow to October 9.

KUALA LUMPUR, Oct 2 — The ringgit closed lower today as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar from July 2 to October 2.

KUALA LUMPUR, Oct 2 — The ringgit took a breather from recent gains to open lower against the US dollar today, weighed by a risk-off sentiment amid heightened global geopolitical tension.

KUCHING, Oct 1 — More than 40,000 civil servants in the country are at high risk of psychological issues that require immediate intervention to prevent mental disorders, said Public Service Department director-general Tan Sri Wan Ahmad Dahlan Abdul Aziz.

SHAH ALAM, Oct 1 — Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world’s best-performing currency against the US dollar.

SHAH ALAM, Oct 1 — The 13th Malaysia Plan (13MP) will focus on collaborative efforts between states and federal governments to bridge the socio-economic and development gaps according to states and regions, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Oct 1 — The ringgit closed lower against the US dollar today on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

KUALA LUMPUR, Oct 1 — Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024.

KUALA LUMPUR, Oct 1 — The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term.

KUALA LUMPUR, Oct 1 — The government is still bearing the cost of diesel subsidies for eligible sectors, according to Economy Minister Rafizi Ramli.

KUALA LUMPUR, Sept 30 — The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

SEOUL, Sept 30 — CelcomDigi Bhd and South Korea’s leading wireless telecommunications operator, SK Telecom Co Ltd, have inked a memorandum of understanding (MOU) to collaborate on artificial intelligence (AI) initiatives.

PUTRAJAYA, Sept 30 — Infrastructure development at higher learning institutions (IPT) and university internationalisation programmes are among the key focuses of the Higher Education Ministry (Mohe) in Budget 2025.