Economist Geoffrey Williams on the gap between growth and wages, the oil-price shock erasing subsidy savings, and the three vulnerabilities facing the economy toward 2030. By Tengku Noor Shamsiah Tengku Abdullah KUALA LUMPUR , June 4 – Malaysia’s economy remains among the strongest performers in the region, but the headline numbers mask a harder reality: the…
Malaysia Faces Energy Shock as Hormuz Crisis Threatens 38% of Oil Supply Bank Muamalat economist Dr Mohd Afzanizam Abdul Rashid warns elevated global oil prices and rising business costs could persist even if a ceasefire holds BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, April 17 – Rising tensions around the Strait of Hormuz are…
Monday, 23 March 2026 — 3 Syawal 1447H The final public holiday of the festive break. Raya continues throughout Syawal. Government offices reopen tomorrow. 3 SYAWAL — THE CELEBRATION CONTINUES Today marks 3 Syawal and the final gazetted public holiday of Malaysia’s four-day Aidilfitri break. Government offices, Bursa Malaysia and most institutions will reopen tomorrow,…
Prime Minister Anwar Ibrahim announced on January 16 that 3.1 million single individuals will receive direct financial aid through the Sumbangan Asas Rahmah (SARA) initiative, credited to their MyKad. This program aims to alleviate living costs and support local economies by increasing small business participation, ensuring inclusivity and sustainability.
Malaysia’s NUR@PETRA program, supported by SEDA Malaysia, offers up to RM400 rebates for households purchasing 4–5 star energy-efficient appliances, aiding in reducing electricity costs and promoting sustainability. Over 1,000 units are available in certain regions, with applications open until December 2025 or until quotas are filled.
