A total of 239,053 smallholders have received RM523.4 million in payments under the Rubber Production Incentive (IPG) scheme since its introduction in September 2015, the Ministry of Plantation and Commodities (KPK) confirmed. The scheme, designed to ensure a fair income for rubber smallholders when prices dip below the threshold, was increased to RM3 per kilogramme starting in 2024.
Bank Negara Malaysia (BNM) is expected to maintain its benchmark interest rate at 2.75% until at least mid-2026, as it stays cautious amid persistent global headwinds, according to a CIMB Bank Bhd analyst.
Malaysia recorded an over 20% jump in tourist arrivals for the January to May 2025 period, driven by government strategies such as the Visa Liberalisation Plan, targeted industry incentives, and digital and airline-based promotional campaigns.
Malaysia will enforce the minimum wage of RM1,700 per month beginning Aug 1 for all employers nationwide, the Ministry of Human Resources said on Tuesday.
A sharper drop in food-at-home prices helped ease Malaysia’s headline inflation in June, bringing it to the lowest level since early 2021, official data released on Tuesday showed.
China’s wage growth has slowed to the weakest pace outside the pandemic, an alternative indicator compiled by Goldman Sachs Group Inc showed, revealing an obstacle to stronger consumption at home as risks abroad mount.