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3y

1MDB’S financial obligations stand at RM31.6 BLN as of end-June 2022: MoF

Outstanding debt reduced to RM25.9 bil following 1MDB Energy Ltd settlement in May 2022

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MoF envisages 4.4% reduction in govt revenue by 2023

This is due to anticipated lower non-tax collection, says ministry in report

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BNM international reserves fall to US$106.1 bil as of Sept 30

They can finance 5.6 months of imports of goods and services, says central bank

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iPay88 must beef up security, says BNM after breach

This comes after incident that online payment provider says ‘may’ have compromised users’ credit card data

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Bringing down inflation will take time: Fed officials

Central bank predicts more rate hikes needed to rein in soaring prices

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Floods to drag up to 9 mil Pakistanis into poverty: World Bank

Inflation in country set to stand at 23% for financial year 2023, it says

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Forex shortage leads to Sri Lanka oil refinery closure

However, energy minister says supply sufficient as petrol company stocked up, 

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Maybank IB positive on O&G sector, keeps US$100 per barrel estimate for 2022-2023

Move goes against US plan to see softer oil price, says investment bank

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Jentayu clinches 20-year solar purchase deal with Outspan Malaysia 

Agreement valued at RM5 mil will allow manufacturer to save 10% on electricity

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Samsung Electronics forecasts 31.7% fall in Q3 profit

Tech giant attributes decline due to weakening demand

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Consider giving M’sians RM5,000 tax break in Budget 2023, cruise operator tells govt

Incentive can boost domestic tourism, says Tropical Charters Sdn Bhd CEO

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Pahang has attracted investments worth RM2.34 bil since 2019: MB

11 MoUs signed, seven this year alone, says Datuk Seri Wan Rosdy Wan Ismail

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Budget 2023 must encourage exports, FDI to boost ringgit: economist

Government should take advantage of existing trade agreements, he says