News
PERKESO introduces online opt-out option for LINDUNG 24 JAM scheme from Monday
2+ hour ago (424+ words) The announcement follows the Cabinet's decision to make participation voluntary for Malaysian workers while maintaining mandatory coverage for foreign employees Updated 47 minutes ago " Published on 10 Jul 2026 3: 16 PM THE Social Security Organisation (PERKESO or SOCSO) will provide an online opt-out option…...
Malaysia faces RM51. 4b 1 MDB burden after recovering RM31. 3b in funds and assets
1+ day, 5+ hour ago (588+ words) Some RM8. 9 billion in government-guaranteed sukuk is also outstanding as authorities continue efforts to recover misappropriated funds and rebuild confidence in national governance Updated 8 hours ago " Published on 09 Jul 2026 11: 38 AM MALAYSIA'S financial burden arising from the 1 Malaysia Development Berhad (1 MDB) scandal…...
BNM holds OPR at 2. 75 per cent | Business
1+ day, 2+ hour ago (529+ words) Bank Negara Malaysia says resilient domestic demand, robust investment activity and stronger exports continue to support the economy Updated 2 hours ago " Published on 09 Jul 2026 3: 18 PM BANK Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 2. 75 per cent, signalling…...
Banks need to do more to help counter rising costs of living " Guan Eng
1+ day, 1+ hour ago (391+ words) Updated 11 minutes ago " Published on 09 Jul 2026 3: 43 PM NEW funding initiatives are needed to stimulate more macroeconomic activities among small and medium enterprises (SMEs) to counter the rise in living costs and stagnation. This comes amidst the unresolved geo-politics such as…...
IMF: DCs, AI boom supports Malaysia's growth outlook despite global energy and geopolitical risks
1+ day, 4+ hour ago (516+ words) The growth forecast is to be driven data centre investments and the global technology upcycle, although rising energy prices, geopolitical tensions and trade uncertainties remain key risks Updated 53 seconds ago " Published on 09 Jul 2026 12: 35 PM MALAYSIA'S economic growth is expected to…...
Malaysia smashes economic forecasts as tech trading and tourism boost GDP
4+ day, 2+ hour ago (633+ words) Updated 34 minutes ago " Published on 06 Jul 2026 3: 01 PM MALAYSIA'S economy expanded by 5. 4% year-on-year in the first quarter of 2026, according to preliminary national accounts, reflecting a moderation from the 6. 2% recorded in the preceding quarter. The results continue to signal a resilient underlying…...
US Dollar weakens as softer jobs data and oil decline cool Fed rate hike bets
4+ day, 6+ hour ago (332+ words) Updated 55 seconds ago " Published on 06 Jul 2026 10: 20 AM THE US dollar index traded below the 101 level on Monday, extending its weekly losses as softer-than-expected labour market data and declining crude oil prices led investors to reduce expectations of additional interest rate…...
Economy beats expectations as 2026 growth forecast raised to 4. 8%
5+ day, 10+ min ago (428+ words) Updated 9 hours ago " Published on 05 Jul 2026 5: 06 PM MALAYSIA'S economic resilience has prompted economists to raise the country's full-year gross domestic product (GDP) growth forecast for 2026 to 4. 8 per cent from 4. 6 per cent, following a stronger-than-anticipated first-half performance despite an increasingly volatile…...
US dollar steadies as Fed rate outlook counters softer energy inflation signals
1+ week, 2+ day ago (397+ words) Oil prices stabilised near US$70 a barrel amid shifting global supply dynamics and diplomatic developments Updated 47 minutes ago " Published on 01 Jul 2026 9: 20 AM THE US dollar traded in a narrow range on Tuesday, with the US Dollar Index (DXY) holding near…...
Yen slides to four-decade low as dollar holds firm on US Fed rate outlook
1+ week, 3+ day ago (485+ words) The US Federal Reserve is expected to keep interest rates higher reinforcing demand for the greenback despite a modest pullback in the US Dollar Index Updated 4 hours ago " Published on 30 Jun 2026 9: 21 AM THE Japanese yen fell to its weakest level…...