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): 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): 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 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): 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): 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): 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): 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

(Nov 9): Asian stocks opened mostly higher early Monday following gains in US equities, though advances were tempered by concern over an investigation into Nvidia Corp’s chief executive officer Jensen Huang.

Asia stocks open mostly higher, Nvidia probe looms

THERE are around 137 living languages spoken in Malaysia, depending on how you count them.

Commentary: From Manglish to Bahasa Rojak in one sentence: Is AI ready for real conversations?

Currency markets are currently being shaped by US interest rate expectations, energy prices and global risk sentiment. The US dollar strengthened in September and October, supported by stronger-than-expected US economic data, rising oil prices and a more hawkish Federal Reserve.

A fading dollar rally leaves room for MYR resilience

It is that time of the year when browser tabs multiply, wish lists grow longer and finding the perfect holiday present starts feeling like a high-stakes task.

This year, for Digital Edge’s annual Christmas gift guide, we have everything from nerdy gadgets to workspace upgrades ...

Listicle: Tech the halls: The 2026 gift guide

Selangor is building a common digital architecture to connect its 12 local councils and state agencies for seamless data sharing. This follows an expenditure of about RM118 million on 60 smart city initiatives over the past five years.

The initiatives span four domains under the Smart S...

City Management: Selangor to place local councils on single digital framework

Artificial intelligence (AI) agents are moving beyond recommending products to making purchases, requiring payment systems that can verify consent, enforce spending limits and handle disputes.

In a Kuala Lumpur pilot, an AI agent booked and paid for a ride from the Kuala Lumpur Internat...

Solutions: Malaysia’s payment systems must prepare for AI-led purchases

Every new wave of technology brings fresh cybersecurity challenges. Agentic artificial intelligence (AI) is no exception.

Organisations are increasingly exploring how agentic AI can improve productivity, automate routine tasks and support faster decision-making. As adoption gathers pace...

Security: Agentic AI: The next challenge for cybersecurity

Malaysia’s first state-backed venture capital management corporation, PNSB Innovation Ventures Sdn Bhd (PIV), is bringing together state and private capital to help start-ups grow and support Selangor’s ambition to become a high-tech hub. PIV, the wholly-owned venture capital and private equity a...

Cover Story: PNSB targets RM150 mil for new tech venture

About one in 10 women surveyed in the Klang Valley reported having been diagnosed with polycystic ovary syndrome (PCOS), according to a 2022 study published in Frontiers in Endocrinology, but the number of women affected could be higher.

PCOS is a common hormonal disorder characterised ...

Healthtech: Assistant medical officer builds free hormone health platform after her own PCOS experience

NEWS

Only a third of learners rate their AI readiness highly

Only 33% of Malaysian learners rate their artificial intelligence (AI) readiness highly, despite 77% feeling confident about entering the workforce, according to a report ...

Bits + Bytes: A Miscellany Of Technology

Malaysia’s first state-backed venture capital management corporation, PNSB Innovation Ventures Sdn Bhd (PIV), is bringing together state and private capital to help start-ups grow and support Selangor’s ambition to become a high-tech hub. PIV, the wholly-owned venture capital and private equity a...

Every new wave of technology brings fresh cybersecurity challenges. Agentic artificial intelligence (AI) is no exception.

Organisations are increasingly exploring how agentic AI can improve productivity, automate routine tasks and support faster decision-making. As adoption gathers pace...

It is that time of the year when browser tabs multiply, wish lists grow longer and finding the perfect holiday present starts feeling like a high-stakes task.

This year, for Digital Edge’s annual Christmas gift guide, we have everything from nerdy gadgets to workspace upgrades ...

Artificial intelligence (AI) agents are moving beyond recommending products to making purchases, requiring payment systems that can verify consent, enforce spending limits and handle disputes.

In a Kuala Lumpur pilot, an AI agent booked and paid for a ride from the Kuala Lumpur Internat...

Selangor is building a common digital architecture to connect its 12 local councils and state agencies for seamless data sharing. This follows an expenditure of about RM118 million on 60 smart city initiatives over the past five years.

The initiatives span four domains under the Smart S...

<h2>NEWS</h2>

<h3>Only a third of learners rate their&nbsp;AI readiness highly</h3>

Only 33% of Malaysian learners rate their artificial intelligence (AI) readiness highly, despite 77% feeling confident about entering the workforce, according to a report ...

About one in 10 women surveyed in the Klang Valley reported having been diagnosed with polycystic ovary syndrome (PCOS), according to a 2022 study published in Frontiers in Endocrinology, but the number of women affected could be higher.

PCOS is a common hormonal disorder characterised ...

THERE are around 137 living languages spoken in Malaysia, depending on how you count them.

(Nov 9):&nbsp;Asian stocks opened mostly higher early Monday following gains in US equities, though advances were tempered by concern over an investigation into Nvidia Corp’s chief executive officer Jensen Huang.

Economic Report 2016/2017

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Economic Report 2016/2017

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