马来西亚股票指数 (FKLCI) 加自选

马来西亚国家银行周四宣布，将逐步取消吉隆坡银行同业拆放利率（KLIBOR），并过渡到马来西亚隔夜利率（MYOR）和马来西亚伊斯兰隔夜利率（MYOR-i）。央行在一份声明中表示，KLIBOR将于2029年1月1日停止使用。MYOR和MYOR-i分别于2021年和2022年推出，是基于交易的基准利率，源自活跃和流动性货币市场的实际交易，旨在提高马来西亚利率框架的透明度和稳健性。

Bank Negara Malaysia announced Thursday that it will phase out the Kuala Lumpur Interbank Offered Rate (KLIBOR) and transition to the Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i). The central bank said in a statement that KLIBOR will be discontinued effective January 1, 2029. MYOR and MYOR-i, introduced in 2021 and 2022, respectively, are transaction-based benchmark rates derived from actual dealings in active and liquid money markets, aimed at enhancing transparency and robustness in Malaysia’s interest rate framework.

总理安瓦尔·易卜拉欣宣布了2026年4700亿马来西亚令吉的预算，这是有史以来最大的预算，其中包括与国家有联系的公司的投资。安瓦尔表示，政府的目标是在全球不确定的情况下，在保持财政纪律的同时，加强税收征收和社会保障。他说：“我们选择了曲折、艰难的改革道路，严格的财政纪律和加强制度建设。”。关键措施包括明年对钢铁和能源行业征收碳税，从11月起提高烟酒消费税，全面实施电子发票以提高税收合规性。马来西亚的目标是通过补贴改革和专注于芯片、数字和能源转型行业的计划每年节省155亿马来西亚令吉，其中包括用于人工智能研发的59亿马来西亚令吉特。预计到2026年，财政赤字将缩窄至GDP的3.5%，增长率为4-4.5%，通货膨胀率为1.3-2%。

Prime Minister Anwar Ibrahim announced a budget of MYR 470 billion for 2026, the largest on record, including investments from state-linked companies. Anwar said the government aims to boost tax collection and strengthen social protection while maintaining fiscal discipline amid global uncertainties. “We choose the winding, difficult path of reform, strict fiscal discipline and institutional strengthening,” he said. Key measures include introducing a carbon tax next year for the iron, steel, and energy sectors, raising excise duties on alcohol and tobacco from November, and fully implementing e-invoicing to enhance tax compliance. Malaysia targets MYR 15.5 billion in annual savings from subsidy reforms and plans to focus on chips, digital, and energy transition industries, including MYR 5.9 billion for AI R&D. The fiscal deficit is projected to narrow to 3.5% of GDP in 2026, with growth seen at 4–4.5% and inflation at 1.3–2%.

马来西亚的失业率在2025年8月连续第五个月稳定在3.0%，保持在2015年4月以来的最低水平。失业人数环比下降0.3%，至52万人，其中64.5%的人失业时间不到三个月，5%的人就业时间超过一年。与此同时，就业人数继续增长，环比增长0.2%，达到1699万人，服务业领涨，其次是制造业、建筑业、采矿和采石业以及农业。劳动力月环比增长0.2%，达到1751万人，劳动力参与率从7月份的70.8%略高于70.9%。与此同时，劳动力以外的人数小幅上升至720万，主要原因是家务或家庭责任以及学校教育或培训。

Malaysia’s unemployment rate held steady for the fifth consecutive month at 3.0% in August 2025, remaining at its lowest level since April 2015. The number of unemployed persons declined by 0.3% month-on-month to 520 thousand, with 64.5% having been unemployed for less than three months, while 5% had been jobless for over a year. Meanwhile, employment continued to grow, rising by 0.2% month-on-month to 16.99 million, with the services sector leading the gains, followed by the manufacturing, construction, mining and quarrying, and agriculture sectors. The labor force expanded by 0.2% month-on-month to 17.51 million, pushing the labor force participation rate slightly higher to 70.9% from 70.8% in July. Meanwhile, the number of people outside the labor force rose marginally to 7.20 million, with housework or family responsibilities and schooling or training cited as the main reasons.

2025年8月，马来西亚的零售额同比增长5%，低于7月份5.6%的四个月高点。最新数据标志着自5月以来最疲软的增长，因为大多数主要零部件的销售放缓。值得注意的是，食品、饮料和烟草（7月份为5.5%对6.1%）、汽车燃料（5.3%对6.6%）、信息和通信设备（3.1%对3.3%）、家用设备（2.6%对3.6%）、其他商品（6%对7.6%）、摊位和市场销售（5.2%对5.5%）以及非在商店、摊位或市场进行的贸易（5%对5.1%）的增长有所放缓。相反，专业商店的文化和娱乐商品销售额（3.1%对3%）和非专业商店的销售额（5.6%对5.5%）略有上升。按月计算，8月份零售额增长0.5%，从7月份0.8%的下降中反弹。

Retail sales in Malaysia grew by 5% year-on-year in August 2025, easing from a four-month high of 5.6% recorded in July. The latest figure marked the weakest growth since May, as sales slowed across most major components. Notably, growth moderated in food, beverages and tobacco (5.5% vs 6.1% in July), automotive fuel (5.3% vs 6.6%), information and communication equipment (3.1% vs 3.3%), household equipment (2.6% vs 3.6%), other goods (6% vs 7.6%), sales via stalls and markets (5.2% vs 5.5%), and trade not conducted in stores, stalls or markets (5% vs 5.1%). Conversely, sales edged higher for cultural and recreation goods in specialized stores (3.1% vs 3%) and sales in non-specialized stores (5.6% vs 5.5%). On a monthly basis, retail sales rose by 0.5% in August, rebounding from a 0.8% decline in July.