3y

Govt 2023 expenditure expected to decline by 2.3% to RM386.1 bil

Finance Ministry report says this mainly due to Covid-19 fund completion by end of 2022

3y

MoF projects RM291.5 bil in 2023 govt revenue with 1% dip

Report says lower non-tax collection cushioned by increase in tax revenue expected at RM218.3 bil

3y

Inflation to remain manageable this year between 2.8% and 3.8%

CPI rises to 3.3% in 2022 from 2.5% in 2021

3y

CelcomDigi sees dip in net profit at RM763.5 mil for FY22

This compared to RM1.16 bil from FY21 due to additional depreciation, finance costs

3y

Bursa Malaysia opens marginally higher

This, following stronger Wall Street performance overnight

3y

Ringgit opens flat against US dollar

Tabling of Budget 2023 likely to offer pro-growth support to local note, says analyst

3y

Petronas listing is govt’s prerogative, involves national interests: CEO

Datuk Tengku Muhammad Taufik Tengku Aziz also refutes claims of state oil firm hiding profits

3y

New chairs of MCMC, Finas to be announced in a week’s time: Fahmi

Comms minister says letter of appointment for the latter already signed

3y

Axiata posts RM9.76 bil FY22 net profit on Celcom-Digi merger

Company’s operations revenue rises to RM21.72 bil

3y

Petronas expands collaboration with Sabah in O&G industry

HoA paves way for state govt company to acquire 50% participation interest in Samarang PSC

3y

Gamuda shares up on news of Australian business acquisition

This, after it acquires Downer Transport Projects, enterprise value of AU$212 mil

3y

Ringgit improves against greenback in early trade

Local note rises to 4.4350/4390 versus US dollar from yesterday’s close of 4.4420/4460

3y

Miti in talks with Proton, Perodua to expedite production of national EVs: Tengku Zafrul

AP guidelines to be updated for market research for local assemblers prior to production