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Finance & Markets

Budget 2027: SARA, STR aid raised to RM16bil for 2027

THE government has increased funding for the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) programmes to RM16 billion in 2027, from RM15 billion this year. Prime Minister Datuk Seri Anwar Ibrahim said all STR recipients would receive ...

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OpenAI projected to bring in $20bn less in revenue than expected

Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled before OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.

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