Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Finance Ministry to roll out RM1.2b in STR cash aid for 5.3 million recipients from today

PUTRAJAYA, Aug 15 — The Ministry of Finance (MOF) said Phase 3 payments of the Sumbangan Tunai Rahmah (STR) cash a...

Finance Ministry to roll out RM1.2b in STR cash aid for 5.3 million recipients from today

The Finance Ministry of Malaysia has announced that the third phase of the Sumbangan Tunai Rahmah (STR) cash aid will be distributed to 5.3 million recipients starting today, with a total allocation of RM1.2 billion. This phase sees an increase in the number of recipients, with 3.9 million being low- and middle-income households and 1.4 million being single senior citizens.

Each recipient will receive between RM150 and RM600, depending on their income and the number of children they have, while single senior citizens will receive a fixed amount of RM150. The total disbursement for the first three phases of 2026 has reached RM3.6 billion, with recipients potentially receiving up to RM3,300 in total by August 2026.

The Prime Minister, Anwar Ibrahim, emphasized the government's commitment to providing regular assistance to those in need, as the cost of living remains a challenge. The STR and SARA (Single Parent and Child Allowance) schemes have been revamped to provide more consistent support, with STR payments made quarterly and SARA payments made monthly.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at malaymail.com →

More in Finance & Markets

Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction

Market economists lifted Brazil's 2026 primary deficit forecast to R$59.1 billion (about US$11.3 billion), while the Banco Central lined up a routine US$1 billion dollar auction to roll over a…

  • Brazil's 2026 fiscal deficit forecast worsened to US$11.3 billion.
  • Median 2027 primary shortfall projected at R$55 billion (US$10.5 billion).
  • Banco Central announced two US$1 billion dollar auctions to roll over maturing credit lines.

Vibra Energia’s Q2 Profit Soars 705% to US$451 Million

Brazil's largest fuel distributor, Vibra Energia, saw quarterly profit jump 705% to R$2.352 billion (about US$451 million), lifted by fatter margins and its Comerc power arm.

  • Vibra Energia's Q2 profit surged 705% to US$451 million
  • Company's net profit rose to R$2.352 billion, up from R$292 million
  • Revenue increased by 26% to R$57.428 billion, driven by stronger fuel margins

Hedge funds halved short bets on yen since joint intervention

[TOKYO] Hedge funds further dialled back on their wagers against the yen, signalling a reduction in negative sentiment surrounding the currency after...

  • Hedge funds cut short yen bets by 6.5% to 59,526 contracts
  • Yen weakened 1% to 159.35 per dollar after joint intervention
  • Strategist notes large short yen positioning prompts trimming

More from Saturday 15 August →