BNM's International Reserves At US$119.6 Bln As At Oct 15, 2024
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.
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KIGIP Industrial Park Development Implementation Among The Fastest In History - Tengku Zafrul
KUALA LUMPUR, Oct 21 (Bernama) -- The implementation of the Kerian Integrated Green Industrial Park (KIGIP) development is one of the fastest in history, with planning permission approval obtained in less than three months from the launch date.
Budget 2025 Shows Gov't Serious About Enhancing Fields Of R&D, Science
GEORGE TOWN, Oct 21 (Bernama) -- Budget 2025 shows that the Federal Government is serious about enhancing the field of research and development (R&D) as well as the development of science and technology in the country.
Narrower Deficit, Lower Maturities In 2025, Gross Debt Issuance At Rm163.5 Bln - CIMB Securities
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
Budget 2025: Sabah, Sarawak To Continue Receiving Among Highest Allocations - PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- The development allocation for Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively, making them among the highest in the country.
Petroleum-related Revenue Set to Drop Further to RM62 Bln In 2025 -- MoF Report
KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.
Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report
KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).
Govt Gross Borrowing Seen Lower At 10 Pct Of GDP In 2025
KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.
Govt To Review Subsidy Policies For Economic Strength, Fiscal Sustainability – MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to review and determine appropriate policy changes for subsidy retargeting as part of its ongoing efforts to strengthen the national economy and ensure sustainable fiscal management.
Govt Committed To Implement Global Minimum Tax In 2025 - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
Budget 2025 Allocates RM421 Bln, 3.3 Pct increase From Last Year's Allocation
KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.
More Than 10,000 Jobs To Be Created With Industrial Cluster Development - MITI
KUALA LUMPUR, Oct 17 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) expects 10,380 job opportunities to be created via an industrial cluster development in the central region comprising the Federal Territory of Kuala Lumpur, Selangor, Negeri Sembilan and Melaka.