KUALA LUMPUR (Oct 21): Houses in Malaysia are considered "seriously unaffordable" based on the International Housing Affordability Survey standards.
 
According to the Finance Ministry's 2016/2017 Economic Report, the survey states that an affordable housing market is one with ...

Malaysia's housing market 'seriously unaffordable'

KUALA LUMPUR (Oct 21): Malaysia's fiscal deficit is projected to fall to 3% of gross domestic product (GDP) in 2017, in line with previous official guidance.

"The government through various fiscal consolidation measures has successfully reduced the fiscal deficit from 6.7% of GDP in 200...

Malaysia commits to 3% fiscal deficit target for 2017

KUALA LUMPUR (Oct 21): A total of 460,031 people had sought financial advice from Bank Negara Malaysia's Credit Counselling and Debt Management Agency as at July 2016.

The figure had risen from 32,157 participants in 2007, according to the Finance Ministry's 2016/2017 Economic Report.

Malaysia tackles rising consumer debt defaults

KUALA LUMPUR (Oct 21): The Government's 1Malaysia People’s Aid disbursement amounted to RM5.4 billion as at September 2016 to offer financial help to low-income households and single individuals.

The programme is also known as Bantuan Rakyat 1Malaysia (BR1M). The scheme is among measure...

RM5.4b in BR1M distributed to bottom 40% households in 2016

KUALA LUMPUR (Oct 21): The Government's 1Malaysia People's Aid programme had increased private consumption by an average of 7.1% between 2012 and 2015 as lower-income households' higher disposable income allowed them to consume more.

The 1Malaysia People's Aid is also known as Bantuan R...

Malaysia's BR1M increases private consumption

KUALA LUMPUR (Oct 21): Malaysia's domestic demand is expected to expand 4.9% in 2017 from a year earlier, mainly on private-sector spending as government spending slows.

According to the Finance Ministry's 2016/2017 Economic Report, private sector spending is expected to increase 6.2% o...

 Private sector to drive domestic demand

KUALA LUMPUR (Oct 21): Malaysia's domestic demand is expected to expand 4.9% in 2017 from a year earlier, mainly on private-sector spending

as government spending slows.

According to the Finance Ministry's 2016/2017 Economic Report, private sector spending is expected to incre...

KUALA LUMPUR (Oct 21): The cost of servicing Malaysia's federal government debt is estimated to rise to RM28.87 billion in 2017 or 13.1% of projected government revenue and 13.4% of operating expenditure next year.

Debt service charges which "must be served before all other commitments"...

Debt service charges rise to RM28.9b or 13.1% of govt revenue

KUALA LUMPUR (Oct 21): High-end manufacturing is expected to spur Malaysia's manufacturing sector to account for a larger portion of the country's economy and workforce. A move towards high-end manufacturing is crucial as the nation faces competition from low-cost producers like China and Vietnam...

Malaysia to move towards high-end manufacturing

Russia and Ukraine exchanged fire on energy facilities overnight, with an oil refinery damaged in Russia’s Krasnodar region, while Ukraine sustained a missile barrage on gas infrastructure and other targets.

Russia, Ukraine exchange strikes on refinery and gas targets

Deutsche Bank AG is putting aside as much as €1.3 billion (US$1.4 billion or RM6.6 billion) in legal provisions, warning this will hit profits.

The bank will book the potential payment in the current quarter, it said in a statement late on Friday. That will impact “second quarter and full-year profitability”, it said, while adding that the ultimate amount of the provisions is not clear yet.

Deutsche Bank earmarks US$1.4b provision in hit to profit

Genting Malaysia Bhd has dismissed reports linking the group and its deputy chairman and chief executive Tan Sri Lim Kok Thay to supposed discussions relating to the opening of a second casino for Malaysia in Forest City, Johor, to revive the US$100 billion (RM477.60 billion) development.

Genting Malaysia denies involvement in talks for Forest City casino

The Territorial Sea Act 2012 (Act 750) remains valid and applicable throughout Malaysia, including in Terengganu, unless declared otherwise by the court, says the Prime Minister’s Office, despite the Terengganu State Legislative Assembly's decision to reject its use.

Territorial Sea Act 2012 still valid, including in Terengganu, says PMO

The Malaysian government is serious about resolving issues surrounding the palm oil industry in the country, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Govt serious about resolving palm oil industry issues, says Johari Ghani

Three new semiconductor companies are keen to invest in Penang with total investments of US$100 million (RM477 million), said Chief Minister Chow Kon Yeow.

Three semiconductor firms keen to invest US$100m in Penang

Tan Sri Mokhzani Mahathir and his brother Mirzan Mahathir, who have been asked to declare their assets by the Malaysian Anti-Corruption Commission (MACC), have both denied being investigated by the agency.

Mahathir's sons, Mirzan and Mokhzani, deny being under MACC probe

Defence Minister Datuk Seri Mohamed Khaled Nordin said the government had no plans to temporarily suspend the service of Fennec and HOM helicopters.

Govt not suspending service of Fennec and HOM helicopters, says minister

It will be a four-way fight in the upcoming Kuala Kubu Bahru by-election between Pakatan Harapan’s pick Pang Sock Tao, Hulu Selangor Bersatu action division head Khairul Azhari, Parti Rakyat Malaysia’s Hafizah Zainudin and independent Nyau Ke Xin.

NEWS: Four-cornered fight in KKB by-election

Parti Rakyar Malaysia’s Hafizah Zainudin says that if elected, PRM will stand on a platform of increased transparency in government.

NEWS: Parti Rakyat Malaysia will run on more transparency

Three new semiconductor companies are keen to invest in Penang with&nbsp;total investments of US$100 million (RM477&nbsp;million), said Chief Minister Chow Kon Yeow.

Genting Malaysia Bhd has dismissed reports linking the group and its deputy chairman and chief executive Tan Sri Lim Kok Thay&nbsp;to supposed discussions relating to the opening of a second casino for Malaysia in Forest City, Johor, to revive the US$100 billion (RM477.60 billion) development.

Tan Sri Mokhzani Mahathir and his brother Mirzan Mahathir, who have been asked to declare their assets by the Malaysian Anti-Corruption Commission (MACC), have both denied being investigated by the agency.

The Territorial Sea Act 2012 (Act 750) remains valid and applicable throughout Malaysia, including in Terengganu, unless declared otherwise by the court, says the Prime Minister’s Office,&nbsp;despite the Terengganu State Legislative Assembly's decision to reject its use.

The Malaysian government is serious about resolving issues surrounding the palm oil industry in the country, said Plantation&nbsp;and Commodities Minister Datuk Seri&nbsp;Johari&nbsp;Abdul&nbsp;Ghani.

Deutsche Bank AG is putting aside as much as €1.3 billion (US$1.4 billion or RM6.6 billion) in legal provisions, warning this will hit profits.

The bank will book the potential payment in the current quarter, it said in a statement late on Friday. That will impact “second quarter and full-year profitability”, it said, while adding that the ultimate amount of the provisions is not clear yet.

Russia and Ukraine exchanged fire on energy facilities overnight, with an oil refinery damaged in Russia’s Krasnodar region, while Ukraine sustained a missile barrage on gas infrastructure and other targets.

Defence Minister Datuk Seri Mohamed Khaled Nordin said the government had no plans to temporarily suspend the service of&nbsp;Fennec and HOM helicopters.

Economic Report 2016/2017

‌
‌

Economic Report 2016/2017

‌‌

‌
‌